Versor Investments LP Makes New $1.13 Million Investment in Rexford Industrial Realty, Inc. $REXR

Versor Investments LP purchased a new position in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) during the fourth quarter, Holdings Channel reports. The firm purchased 29,071 shares of the real estate investment trust’s stock, valued at approximately $1,126,000.

Other hedge funds also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new position in Rexford Industrial Realty during the fourth quarter worth approximately $31,000. Vision Financial Markets LLC purchased a new position in Rexford Industrial Realty during the third quarter worth approximately $33,000. Wiser Advisor Group LLC purchased a new position in Rexford Industrial Realty during the third quarter worth approximately $34,000. Allworth Financial LP boosted its position in Rexford Industrial Realty by 140.3% during the third quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 574 shares in the last quarter. Finally, Quent Capital LLC purchased a new position in Rexford Industrial Realty during the third quarter worth approximately $41,000. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Insider Buying and Selling at Rexford Industrial Realty

In other news, COO Laura E. Clark bought 5,310 shares of Rexford Industrial Realty stock in a transaction on Friday, February 27th. The stock was acquired at an average price of $37.73 per share, with a total value of $200,346.30. Following the completion of the acquisition, the chief operating officer directly owned 5,310 shares of the company’s stock, valued at $200,346.30. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, General Counsel David E. Lanzer sold 33,299 shares of the stock in a transaction that occurred 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 transaction, the general counsel directly owned 33,299 shares of the company’s stock, valued at $1,181,115.53. The trade was a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have acquired 12,960 shares of company stock valued at $486,804. 1.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

REXR has been the topic of a number of recent analyst reports. Citigroup lowered their price target on Rexford Industrial Realty from $46.00 to $39.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Scotiabank lowered their price target on Rexford Industrial Realty from $44.00 to $39.00 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. Evercore upgraded Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 price target on the stock in a research report on Monday, April 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Rexford Industrial Realty in a research report on Thursday, January 22nd. Finally, Zacks Research upgraded Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $41.92.

Rexford Industrial Realty Price Performance

Shares of Rexford Industrial Realty stock opened at $35.47 on Wednesday. The business has a 50 day simple moving average of $35.06 and a two-hundred day simple moving average of $38.33. Rexford Industrial Realty, Inc. has a 12 month low of $32.14 and a 12 month high of $44.38. The stock has a market capitalization of $8.01 billion, a P/E ratio of 38.14, a PEG ratio of 1.50 and a beta of 1.23. 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 earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.11. Rexford Industrial Realty had a return on equity of 2.64% and a net margin of 23.25%.The business had revenue of $242.14 million during the quarter, compared to analysts’ expectations of $243.79 million. During the same quarter in the prior year, the firm earned $0.62 earnings per share. The business’s revenue was down 2.9% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. As a group, analysts predict that Rexford Industrial Realty, Inc. will post 2.39 EPS for the current fiscal year.

Rexford Industrial Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.435 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.9%. Rexford Industrial Realty’s dividend payout ratio is presently 187.10%.

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.