Hsbc Holdings PLC Boosts Holdings in Rexford Industrial Realty, Inc. $REXR

Key Points

• Hsbc Holdings PLC increased its Rexford Industrial Realty stake by 17% in the second quarter, adding 73,656 shares to own 506,469 shares valued at approximately $17.0 million. Institutional investors collectively hold 99.52% of REXR’s outstanding stock.
• Rexford reported a quarterly loss of $2.26 per share, missing analysts’ $0.60 estimate, while revenue of $243.0 million slightly exceeded expectations. Revenue declined 1.6% year over year, and the company issued fiscal 2026 EPS guidance of $2.38–$2.43.
• The company declared a quarterly dividend of $0.435 per share, equivalent to an annualized $1.74 dividend and a 4.6% yield. Analysts have a consensus “Hold” rating and an average price target of $41, compared with the stock’s reported price of $37.45.

Hsbc Holdings PLC increased its position in Rexford Industrial Realty, Inc. (NYSE:REXR - Free Report) by 17.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 506,469 shares of the real estate investment trust's stock after purchasing an additional 73,656 shares during the period. Hsbc Holdings PLC owned approximately 0.23% of Rexford Industrial Realty worth $16,981,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC bought a new stake in Rexford Industrial Realty during the 1st quarter valued at about $33,000. Allworth Financial LP bought a new position in shares of Rexford Industrial Realty in the second quarter worth approximately $33,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Rexford Industrial Realty in the fourth quarter worth approximately $34,000. Wiser Advisor Group LLC purchased a new stake in shares of Rexford Industrial Realty during the third quarter valued at approximately $34,000. Finally, Caitlin John LLC purchased a new stake in shares of Rexford Industrial Realty during the second quarter valued at approximately $36,000. Institutional investors own 99.52% of the company's stock.

Rexford Industrial Realty Stock Up 1.8%

REXR opened at $37.45 on Wednesday. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of -20.69 and a beta of 1.18. The firm has a 50 day moving average price of $36.57 and a 200-day moving average price of $35.61. Rexford Industrial Realty, Inc. has a twelve month low of $32.14 and a twelve month high of $44.38. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.42.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported ($2.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($2.86). The company had revenue of $243.00 million during the quarter, compared to analysts' expectations of $240.24 million. Rexford Industrial Realty had a negative return on equity of 4.61% and a negative net margin of 39.22%.The company's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.59 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. Equities research analysts forecast that Rexford Industrial Realty, Inc. will post 2.39 earnings per share for the current year.

Rexford Industrial Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.435 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.74 annualized dividend and a dividend yield of 4.6%. Rexford Industrial Realty's payout ratio is presently -96.13%.

Wall Street Analysts Forecast Growth

REXR has been the subject of a number of recent analyst reports. Truist Financial decreased their price objective on shares of Rexford Industrial Realty from $40.00 to $38.00 and set a "buy" rating for the company in a report on Thursday, May 21st. Wall Street Zen cut Rexford Industrial Realty from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 1st. Jefferies Financial Group downgraded Rexford Industrial Realty from a "buy" rating to a "hold" rating and set a $40.00 target price on the stock. in a research note on Thursday, August 6th. Raymond James Financial reissued an "underperform" rating on shares of Rexford Industrial Realty in a report on Wednesday, August 19th. Finally, Mizuho boosted their price target on Rexford Industrial Realty from $35.00 to $38.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 19th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $41.00.

Rexford Industrial Realty Company 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.

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