Rexford Industrial Realty, Inc. (NYSE:REXR) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its stake in shares of Rexford Industrial Realty, Inc. (NYSE:REXR - Free Report) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 177,253 shares of the real estate investment trust's stock after buying an additional 8,000 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.08% of Rexford Industrial Realty worth $6,853,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in Rexford Industrial Realty by 26.9% in the third quarter. JPMorgan Chase & Co. now owns 4,503,571 shares of the real estate investment trust's stock valued at $226,575,000 after purchasing an additional 954,202 shares during the period. Geode Capital Management LLC raised its stake in shares of Rexford Industrial Realty by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,074,044 shares of the real estate investment trust's stock worth $205,014,000 after buying an additional 74,865 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Rexford Industrial Realty by 14.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,339,219 shares of the real estate investment trust's stock valued at $167,996,000 after buying an additional 431,659 shares during the period. Wellington Management Group LLP boosted its stake in shares of Rexford Industrial Realty by 1.9% in the third quarter. Wellington Management Group LLP now owns 2,265,637 shares of the real estate investment trust's stock valued at $113,984,000 after buying an additional 42,450 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Rexford Industrial Realty by 338.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,930,706 shares of the real estate investment trust's stock worth $97,134,000 after acquiring an additional 1,489,876 shares during the period. Institutional investors and hedge funds own 99.52% of the company's stock.

Rexford Industrial Realty Trading Down 0.0 %

Shares of Rexford Industrial Realty stock traded down $0.00 during mid-day trading on Wednesday, hitting $40.78. 2,055,066 shares of the stock were exchanged, compared to its average volume of 1,874,894. The stock has a market capitalization of $9.07 billion, a price-to-earnings ratio of 33.15, a price-to-earnings-growth ratio of 2.21 and a beta of 0.95. Rexford Industrial Realty, Inc. has a twelve month low of $36.92 and a twelve month high of $53.88. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.40. The company has a 50-day simple moving average of $39.77 and a 200 day simple moving average of $44.94.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.31. Rexford Industrial Realty had a net margin of 30.40% and a return on equity of 3.35%. Research analysts forecast that Rexford Industrial Realty, Inc. will post 2.34 EPS for the current year.

Analyst Ratings Changes

REXR has been the subject of a number of recent analyst reports. Mizuho reduced their target price on Rexford Industrial Realty from $46.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, January 8th. Truist Financial decreased their price objective on shares of Rexford Industrial Realty from $54.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, November 12th. Evercore ISI reaffirmed an "outperform" rating on shares of Rexford Industrial Realty in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft assumed coverage on Rexford Industrial Realty in a research note on Tuesday, January 14th. They set a "hold" rating and a $40.00 price target on the stock. Finally, Industrial Alliance Securities set a $55.00 price objective on Rexford Industrial Realty in a research note on Friday, October 18th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Rexford Industrial Realty presently has an average rating of "Hold" and a consensus target price of $49.42.

About Rexford Industrial Realty

Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities.