Public Employees Retirement System of Ohio Reduces Stock Holdings in Rexford Industrial Realty, Inc. $REXR

Public Employees Retirement System of Ohio reduced its holdings in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 13.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 343,778 shares of the real estate investment trust’s stock after selling 53,095 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Rexford Industrial Realty were worth $11,252,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Royal Bank of Canada grew its stake in shares of Rexford Industrial Realty by 3.5% during the first quarter. Royal Bank of Canada now owns 251,550 shares of the real estate investment trust’s stock worth $9,849,000 after acquiring an additional 8,506 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Rexford Industrial Realty by 309.8% in the 1st quarter. AQR Capital Management LLC now owns 118,245 shares of the real estate investment trust’s stock valued at $4,628,000 after purchasing an additional 89,390 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Rexford Industrial Realty by 41.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,811,775 shares of the real estate investment trust’s stock valued at $70,931,000 after purchasing an additional 526,877 shares during the last quarter. Cetera Investment Advisers boosted its stake in Rexford Industrial Realty by 52.7% in the 2nd quarter. Cetera Investment Advisers now owns 16,956 shares of the real estate investment trust’s stock worth $603,000 after purchasing an additional 5,854 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Rexford Industrial Realty by 131.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,252 shares of the real estate investment trust’s stock worth $116,000 after purchasing an additional 1,848 shares in the last quarter. 99.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, General Counsel David E. Lanzer sold 33,299 shares of the business’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $35.47, for a total value of $1,181,115.53. Following the completion of the transaction, the general counsel directly owned 33,299 shares in the company, valued at $1,181,115.53. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.80% of the stock is currently owned by corporate insiders.

Rexford Industrial Realty Stock Down 0.2%

Shares of REXR stock opened at $38.93 on Monday. The stock has a 50 day moving average of $34.93 and a 200 day moving average of $36.11. The company has a current ratio of 1.70, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42. The stock has a market cap of $8.79 billion, a P/E ratio of -21.51, a P/E/G ratio of 1.62 and a beta of 1.21. Rexford Industrial Realty, Inc. has a twelve month low of $32.14 and a twelve month high of $44.38.

Rexford Industrial Realty (NYSE:REXR) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported ($2.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($2.86). Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. The company had revenue of $243.00 million during the quarter, compared to analyst estimates of $240.24 million. During the same period in the previous year, the firm posted $0.59 earnings per share. The company’s revenue was down 1.6% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. As a group, sell-side analysts expect that Rexford Industrial Realty, Inc. will post 2.41 EPS for the current year.

Rexford Industrial Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.435 dividend. This represents a $1.74 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Wednesday, September 30th. Rexford Industrial Realty’s payout ratio is currently -96.13%.

Rexford Industrial Realty News Roundup

Here are the key news stories impacting Rexford Industrial Realty this week:

• Positive Sentiment: Rexford Industrial reported Q2 2026 Core FFO per share of $0.63, topping the $0.60 consensus estimate and up from $0.59 a year ago, which is the key profitability metric investors watch for REITs. Article Title
• Positive Sentiment: The company raised 2026 Core FFO guidance and highlighted operating efficiencies and disciplined cost control, reinforcing the view that underlying cash flow is improving. Article Title
• Positive Sentiment: Investors are also focusing on the company’s portfolio realignment plan, which calls for $1.5 billion to $2.0 billion of 2026 dispositions; management said the strategy could support share repurchases and asset recycling at attractive spreads. Article Title
• Neutral Sentiment: The board declared a quarterly dividend of $0.435 per share, implying an annualized yield of about 4.8%, which supports the income appeal of the stock but was not a major surprise. Article Title
• Negative Sentiment: Reported EPS missed estimates because of a large non-cash impairment charge, with net loss attributable to common stockholders of $506.9 million, or $2.26 per share, which could temper enthusiasm despite the stronger FFO results. Article Title
• Negative Sentiment: Management’s guidance for 2026 EPS of 2.380 to 2.430 is only roughly in line with expectations, and the planned dispositions may create near-term volatility in reported results. Article Title

Analyst Ratings Changes

REXR has been the topic of several research analyst reports. Zacks Research raised shares of Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Weiss Ratings raised shares of Rexford Industrial Realty from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. downgraded shares of Rexford Industrial Realty from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $38.00 to $36.00 in a research note on Wednesday, June 17th. Evercore raised shares of Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Monday, April 13th. Finally, Barclays cut their target price on Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating on the stock in a research report on Thursday, July 16th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $40.38.

Rexford Industrial Realty 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.