GSA Capital Partners LLP Makes New $2.86 Million Investment in Rexford Industrial Realty, Inc. $REXR

Key Points

• GSA Capital Partners acquired 85,493 shares of Rexford Industrial Realty in the second quarter, representing a new investment worth approximately $2.86 million. Institutional investors collectively own 99.52% of the REIT’s shares.
• Analyst sentiment is mixed: five analysts rate REXR a Buy, six rate it Hold, and four rate it Sell. The stock has an average rating of Hold and an average price target of $40.71, compared with a recent price of $36.21.
• Rexford reported quarterly revenue of $243 million, slightly above estimates, but posted an adjusted loss of $2.26 per share versus expectations for $0.60. The company also declared a quarterly dividend of $0.435 per share, equating to a 4.8% annualized yield.

GSA Capital Partners LLP acquired a new stake in Rexford Industrial Realty, Inc. (NYSE:REXR - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 85,493 shares of the real estate investment trust's stock, valued at approximately $2,864,000.

A number of other institutional investors also recently modified their holdings of the stock. Lazard Asset Management LLC boosted its holdings in Rexford Industrial Realty by 1.0% in the second quarter. Lazard Asset Management LLC now owns 35,475 shares of the real estate investment trust's stock valued at $1,261,000 after acquiring an additional 362 shares during the last quarter. IFM Investors Pty Ltd increased its position in Rexford Industrial Realty by 1.0% in the first quarter. IFM Investors Pty Ltd now owns 38,360 shares of the real estate investment trust's stock worth $1,256,000 after purchasing an additional 370 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Rexford Industrial Realty by 8.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,878 shares of the real estate investment trust's stock worth $189,000 after purchasing an additional 387 shares during the last quarter. Koa Wealth Management LLC lifted its position in Rexford Industrial Realty by 0.9% during the 1st quarter. Koa Wealth Management LLC now owns 46,268 shares of the real estate investment trust's stock valued at $1,514,000 after purchasing an additional 408 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in Rexford Industrial Realty by 13.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,804 shares of the real estate investment trust's stock valued at $125,000 after purchasing an additional 441 shares during the period. 99.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

REXR has been the subject of several analyst reports. Truist Financial lowered their price target 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, May 21st. Evercore restated an "outperform" rating on shares of Rexford Industrial Realty in a report on Monday, July 27th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Rexford Industrial Realty in a research note on Monday, July 27th. JPMorgan Chase & Co. lifted their target price on shares of Rexford Industrial Realty from $36.00 to $39.00 and gave the stock an "underweight" rating in a report on Monday, August 3rd. Finally, Zacks Research raised shares of Rexford Industrial Realty from a "strong sell" rating to a "hold" rating in a report on Tuesday, April 28th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, Rexford Industrial Realty has an average rating of "Hold" and an average price target of $40.71.

Rexford Industrial Realty Stock Performance

Shares of REXR stock opened at $36.21 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.70. The company has a market capitalization of $8.07 billion, a P/E ratio of -20.00, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. The company's 50 day moving average price is $35.51 and its two-hundred day moving average price is $35.84. Rexford Industrial Realty, Inc. has a 52 week low of $32.14 and a 52 week high of $44.38.

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

Rexford Industrial Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a $0.435 dividend. This represents a $1.74 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Wednesday, September 30th. Rexford Industrial Realty's payout ratio is currently -96.13%.

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.

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