Universal Beteiligungs und Servicegesellschaft mbH Sells 29,562 Shares of Rexford Industrial Realty, Inc. $REXR

Universal Beteiligungs und Servicegesellschaft mbH lowered its holdings in Rexford Industrial Realty, Inc. (NYSE:REXR) by 7.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 354,013 shares of the real estate investment trust’s stock after selling 29,562 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.15% of Rexford Industrial Realty worth $14,553,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Rexford Industrial Realty by 3.5% during the 1st quarter. Royal Bank of Canada now owns 251,550 shares of the real estate investment trust’s stock worth $9,849,000 after purchasing an additional 8,506 shares during the period. AQR Capital Management LLC increased its holdings in Rexford Industrial Realty by 309.8% during the first quarter. AQR Capital Management LLC now owns 118,245 shares of the real estate investment trust’s stock worth $4,628,000 after buying an additional 89,390 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Rexford Industrial Realty by 41.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,811,775 shares of the real estate investment trust’s stock worth $70,931,000 after acquiring an additional 526,877 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Rexford Industrial Realty by 202.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 62,574 shares of the real estate investment trust’s stock valued at $2,323,000 after acquiring an additional 41,907 shares during the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of Rexford Industrial Realty by 10.8% during the 2nd quarter. Park Avenue Securities LLC now owns 10,259 shares of the real estate investment trust’s stock valued at $365,000 after acquiring an additional 1,004 shares during the period. Institutional investors own 99.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on REXR. Scotiabank lifted their price target on shares of Rexford Industrial Realty from $43.00 to $44.00 and gave the stock a “sector perform” rating in a report on Monday, November 10th. Wells Fargo & Company boosted their target price on Rexford Industrial Realty from $40.00 to $47.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Barclays reaffirmed an “underweight” rating on shares of Rexford Industrial Realty in a research report on Tuesday, January 13th. Cantor Fitzgerald initiated coverage on Rexford Industrial Realty in a report on Wednesday, October 1st. They issued an “overweight” rating and a $50.00 price objective for the company. Finally, Industrial Alliance Securities set a $42.00 price objective on shares of Rexford Industrial Realty in a report on Wednesday, November 19th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Rexford Industrial Realty presently has a consensus rating of “Hold” and a consensus price target of $43.00.

Insider Buying and Selling

In other news, CEO Michael S. Frankel sold 20,318 shares of the business’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $41.61, for a total transaction of $845,431.98. Following the completion of the transaction, the chief executive officer directly owned 602,288 shares in the company, valued at $25,061,203.68. The trade was a 3.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 57,118 shares of company stock valued at $2,345,706. 1.20% of the stock is owned by company insiders.

Rexford Industrial Realty Stock Up 1.4%

REXR stock opened at $39.91 on Friday. The stock has a 50-day simple moving average of $40.41 and a two-hundred day simple moving average of $40.28. Rexford Industrial Realty, Inc. has a twelve month low of $29.68 and a twelve month high of $44.38. The firm has a market capitalization of $9.29 billion, a PE ratio of 28.10, a PEG ratio of 2.48 and a beta of 1.22. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.37.

About Rexford Industrial Realty

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.