Koa Wealth Management LLC Sells 32,629 Shares of Rexford Industrial Realty, Inc. $REXR

Key Points

• Koa Wealth Management cut its Rexford Industrial Realty stake by 76.1% in the third quarter, selling 32,629 shares and retaining 10,270 shares valued at approximately $373,000. Institutional investors collectively own 99.52% of the stock.
• Rexford reported quarterly revenue of $243 million but posted a loss of $2.26 per share, missing the $0.60 analyst consensus; full-year 2026 guidance is 2.380–2.430 EPS.
• The company declared a quarterly dividend of $0.435 per share, equivalent to $1.74 annually and a 4.6% yield. Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $41.13.

Koa Wealth Management LLC decreased its stake in shares of Rexford Industrial Realty, Inc. (NYSE:REXR - Free Report) by 76.1% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 10,270 shares of the real estate investment trust's stock after selling 32,629 shares during the period. Koa Wealth Management LLC's holdings in Rexford Industrial Realty were worth $373,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Elevation Wealth Partners LLC grew its holdings in Rexford Industrial Realty by 125.8% during the 3rd quarter. Elevation Wealth Partners LLC now owns 700 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 390 shares in the last quarter. Allworth Financial LP bought a new stake in shares of Rexford Industrial Realty during the second quarter valued at about $33,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Rexford Industrial Realty during the first quarter valued at about $33,000. Caitlin John LLC purchased a new stake in shares of Rexford Industrial Realty in the second quarter worth about $36,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Rexford Industrial Realty in the second quarter worth about $51,000. Institutional investors own 99.52% of the company's stock.

Rexford Industrial Realty Price Performance

REXR traded down $0.15 on Wednesday, reaching $37.69. The company had a trading volume of 590,379 shares, compared to its average volume of 2,595,094. The business has a 50 day simple moving average of $37.21 and a 200 day simple moving average of $35.90. The company has a market cap of $8.40 billion, a price-to-earnings ratio of -20.82 and a beta of 1.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.70. 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 released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported ($2.26) EPS 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 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%. Rexford Industrial Realty's quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.59 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. As a group, sell-side analysts anticipate that Rexford Industrial Realty, Inc. will post 2.40 EPS for the current year.

Rexford Industrial Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.4350 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, September 30th. Rexford Industrial Realty's dividend payout ratio is currently -96.13%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on REXR. Mizuho upgraded shares of Rexford Industrial Realty from a "neutral" rating to an "outperform" rating and raised their price objective for the company from $38.00 to $41.00 in a research report on Tuesday. Barclays lowered their price objective on Rexford Industrial Realty from $40.00 to $36.00 and set an "underweight" rating on the stock in a research report on Thursday, July 16th. Scotiabank lifted their price objective on Rexford Industrial Realty from $38.00 to $40.00 and gave the company a "sector outperform" rating in a research note on Monday, August 31st. Weiss Ratings lowered Rexford Industrial Realty from a "sell (d+)" rating to a "sell (d)" rating in a research note on Thursday, October 8th. Finally, Raymond James Financial upgraded Rexford Industrial Realty from an "underperform" rating to a "market perform" rating in a research report on Tuesday, September 15th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $41.13.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc is a publicly traded real estate investment trust that owns, operates, acquires, develops and redevelops industrial properties. The company focuses on functional, well-located facilities used for activities such as warehousing, distribution, manufacturing and logistics.

Rexford's portfolio is concentrated in infill Southern California, including the Los Angeles, Orange County, Inland Empire and San Diego industrial markets. Its properties serve businesses that value proximity to population centers, transportation infrastructure, ports and other supply-chain facilities.

The company generates revenue primarily by leasing industrial space to tenants and seeks to enhance its portfolio through acquisitions, property improvements, redevelopment and new development.

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