Chilton Capital Management LLC Has $13.78 Million Stock Holdings in Rexford Industrial Realty, Inc. (NYSE:REXR)

Chilton Capital Management LLC grew its holdings in Rexford Industrial Realty, Inc. (NYSE:REXR - Free Report) by 7.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 348,913 shares of the real estate investment trust's stock after buying an additional 23,752 shares during the quarter. Chilton Capital Management LLC owned 0.15% of Rexford Industrial Realty worth $13,776,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in REXR. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Rexford Industrial Realty by 332.9% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 736 shares of the real estate investment trust's stock worth $29,000 after buying an additional 566 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Rexford Industrial Realty by 118.4% during the first quarter. Bessemer Group Inc. now owns 747 shares of the real estate investment trust's stock valued at $29,000 after acquiring an additional 405 shares during the period. Private Trust Co. NA boosted its stake in shares of Rexford Industrial Realty by 95.6% in the 1st quarter. Private Trust Co. NA now owns 757 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 370 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Rexford Industrial Realty in the 4th quarter worth about $33,000. Finally, GAMMA Investing LLC increased its position in shares of Rexford Industrial Realty by 211.2% during the 1st quarter. GAMMA Investing LLC now owns 1,441 shares of the real estate investment trust's stock worth $56,000 after purchasing an additional 978 shares in the last quarter. 99.52% of the stock is currently owned by institutional investors and hedge funds.

Rexford Industrial Realty Stock Down 1.0%

Shares of NYSE REXR traded down $0.37 during mid-day trading on Monday, hitting $36.76. The company had a trading volume of 3,855,379 shares, compared to its average volume of 2,156,684. The firm has a 50-day simple moving average of $35.58 and a two-hundred day simple moving average of $37.39. Rexford Industrial Realty, Inc. has a one year low of $29.68 and a one year high of $52.61. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $8.70 billion, a PE ratio of 29.65, a price-to-earnings-growth ratio of 3.41 and a beta of 1.13.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The real estate investment trust reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.05. Rexford Industrial Realty had a net margin of 28.96% and a return on equity of 3.31%. The company had revenue of $248.82 million for the quarter, compared to analyst estimates of $246.74 million. On average, equities analysts expect that Rexford Industrial Realty, Inc. will post 2.38 EPS for the current year.

Rexford Industrial Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.72 dividend on an annualized basis and a yield of 4.68%. Rexford Industrial Realty's dividend payout ratio (DPR) is currently 138.71%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on REXR shares. Evercore ISI reduced their price target on shares of Rexford Industrial Realty from $43.00 to $40.00 and set an "outperform" rating on the stock in a research report on Monday, April 21st. Industrial Alliance Securities set a $38.00 target price on shares of Rexford Industrial Realty in a research note on Tuesday, March 25th. Robert W. Baird set a $43.00 price target on Rexford Industrial Realty in a research report on Tuesday, May 6th. Scotiabank cut their price objective on Rexford Industrial Realty from $39.00 to $37.00 and set a "sector perform" rating for the company in a research report on Monday, May 12th. Finally, Barclays decreased their target price on Rexford Industrial Realty from $38.00 to $35.00 and set an "underweight" rating on the stock in a report on Wednesday, April 30th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Rexford Industrial Realty presently has a consensus rating of "Hold" and a consensus target price of $40.00.

Rexford Industrial Realty Profile

Rexford Industrial Realty, Inc is a self-administered and self-managed real estate investment trust, which engages in owning and operating industrial properties in infill markets. The company was founded by Richard S. Ziman on January 18, 2013 and is headquartered in Los Angeles, CA.