New Age Alpha Advisors LLC Decreases Holdings in Rexford Industrial Realty, Inc. $REXR

New Age Alpha Advisors LLC trimmed its stake in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 9.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,528 shares of the real estate investment trust’s stock after selling 20,928 shares during the period. New Age Alpha Advisors LLC owned 0.09% of Rexford Industrial Realty worth $7,803,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in REXR. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Rexford Industrial Realty by 24.3% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 323,592 shares of the real estate investment trust’s stock valued at $12,529,000 after buying an additional 63,313 shares during the last quarter. Knights of Columbus Asset Advisors LLC acquired a new stake in shares of Rexford Industrial Realty in the third quarter valued at about $1,879,000. Cibc World Market Inc. acquired a new stake in shares of Rexford Industrial Realty in the third quarter valued at about $41,111,000. Whittier Trust Co. raised its position in shares of Rexford Industrial Realty by 30.6% in the third quarter. Whittier Trust Co. now owns 383,961 shares of the real estate investment trust’s stock valued at $16,000,000 after buying an additional 89,903 shares during the last quarter. Finally, Vestcor Inc acquired a new stake in shares of Rexford Industrial Realty in the third quarter valued at about $1,794,000. 99.52% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rexford Industrial Realty

In other Rexford Industrial Realty news, General Counsel David E. Lanzer sold 33,299 shares of Rexford Industrial Realty stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $35.47, for a total transaction of $1,181,115.53. Following the completion of the sale, the general counsel directly owned 33,299 shares in the company, valued at $1,181,115.53. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Laura E. Clark purchased 5,310 shares of the company’s stock in a transaction on Friday, February 27th. The shares were bought at an average price of $37.73 per share, with a total value of $200,346.30. Following the completion of the transaction, the chief operating officer owned 5,310 shares of the company’s stock, valued at approximately $200,346.30. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 12,960 shares of company stock valued at $486,804. 1.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on REXR. Robert W. Baird set a $40.00 target price on shares of Rexford Industrial Realty in a research report on Tuesday, February 17th. Citigroup reduced their target price on shares of Rexford Industrial Realty from $46.00 to $39.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Cantor Fitzgerald reduced their target price on shares of Rexford Industrial Realty from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. iA Financial set a $45.00 target price on shares of Rexford Industrial Realty in a research report on Friday, February 6th. Finally, Truist Financial reduced their target price on shares of Rexford Industrial Realty from $40.00 to $38.00 and set a “buy” rating for the company in a research report on Thursday. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $41.69.

Rexford Industrial Realty Price Performance

Shares of REXR opened at $36.17 on Monday. Rexford Industrial Realty, Inc. has a 1-year low of $32.14 and a 1-year high of $44.38. The stock has a market cap of $8.16 billion, a PE ratio of 38.89, a P/E/G ratio of 1.51 and a beta of 1.23. The firm has a 50-day simple moving average of $34.91 and a two-hundred day simple moving average of $37.97. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.50 and a quick ratio of 1.50.

Rexford Industrial Realty (NYSE:REXR) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.11. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The business had revenue of $242.14 million during the quarter, compared to analysts’ expectations of $243.79 million. During the same period last year, the business earned $0.62 earnings per share. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. As a group, analysts forecast that Rexford Industrial Realty, Inc. will post 2.39 EPS for the current year.

Rexford Industrial Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.435 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.8%. Rexford Industrial Realty’s dividend payout ratio (DPR) is currently 187.10%.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.

Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.