Rexford Industrial Realty, Inc. (NYSE:REXR) Holdings Raised by Graham Capital Wealth Management LLC

Graham Capital Wealth Management LLC lifted its position in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 83.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,948 shares of the real estate investment trust’s stock after acquiring an additional 36,919 shares during the quarter. Rexford Industrial Realty accounts for about 2.9% of Graham Capital Wealth Management LLC’s holdings, making the stock its 9th biggest position. Graham Capital Wealth Management LLC’s holdings in Rexford Industrial Realty were worth $3,129,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. UMB Bank n.a. lifted its stake in Rexford Industrial Realty by 164.3% in the 3rd quarter. UMB Bank n.a. now owns 719 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 447 shares in the last quarter. GAMMA Investing LLC lifted its stake in Rexford Industrial Realty by 111.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,850 shares of the real estate investment trust’s stock valued at $93,000 after buying an additional 976 shares in the last quarter. Archer Investment Corp lifted its stake in Rexford Industrial Realty by 61.5% in the 3rd quarter. Archer Investment Corp now owns 2,100 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 800 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in Rexford Industrial Realty by 13.2% in the 4th quarter. Exchange Traded Concepts LLC now owns 3,172 shares of the real estate investment trust’s stock valued at $123,000 after acquiring an additional 371 shares during the last quarter. Finally, Catalyst Capital Advisors LLC acquired a new position in Rexford Industrial Realty in the 3rd quarter valued at $129,000. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Rexford Industrial Realty Stock Performance

NYSE:REXR opened at $40.65 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a 50-day moving average of $39.90 and a two-hundred day moving average of $45.09. The stock has a market cap of $9.04 billion, a P/E ratio of 33.05, a PEG ratio of 2.21 and a beta of 0.95. Rexford Industrial Realty, Inc. has a 1-year low of $36.92 and a 1-year high of $54.60.

Wall Street Analysts Forecast Growth

REXR has been the subject of several analyst reports. Truist Financial cut their price target on Rexford Industrial Realty from $54.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Deutsche Bank Aktiengesellschaft started coverage on Rexford Industrial Realty in a report on Tuesday, January 14th. They set a “hold” rating and a $40.00 price objective for the company. Scotiabank downgraded Rexford Industrial Realty from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $55.00 to $48.00 in a report on Friday, October 25th. Evercore ISI restated an “outperform” rating on shares of Rexford Industrial Realty in a report on Friday, October 18th. Finally, Mizuho lowered their price target 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. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus 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.