Were Analysts Bearish Rexford Industrial Realty, Inc. (NYSE:REXR) This Week?

June 14, 2018 - By Adrian Mccoy

Rexford Industrial Realty, Inc. (NYSE:REXR) LogoInvestors sentiment increased to 1.38 in Q1 2018. Its up 0.06, from 1.32 in 2017Q4. It is positive, as 18 investors sold Rexford Industrial Realty, Inc. shares while 45 reduced holdings. 22 funds opened positions while 65 raised stakes. 80.29 million shares or 4.94% more from 76.51 million shares in 2017Q4 were reported.
Bamco holds 0.04% or 301,459 shares in its portfolio. Manufacturers Life Ins The holds 0.01% or 210,667 shares in its portfolio. Fund Management holds 0% or 18,200 shares in its portfolio. Principal Fincl Grp Inc reported 3.57 million shares. The Massachusetts-based Amundi Pioneer Asset Management has invested 0.01% in Rexford Industrial Realty, Inc. (NYSE:REXR). Miracle Mile Advsrs Limited Liability Com reported 0.03% in Rexford Industrial Realty, Inc. (NYSE:REXR). Moreover, Guggenheim Cap Limited Liability Com has 0.02% invested in Rexford Industrial Realty, Inc. (NYSE:REXR). Deutsche Bancorporation Ag holds 0.09% of its portfolio in Rexford Industrial Realty, Inc. (NYSE:REXR) for 4.82M shares. First Foundation Advisors invested in 1.25M shares or 2% of the stock. Parametric Portfolio Associate Limited Liability Company has invested 0% in Rexford Industrial Realty, Inc. (NYSE:REXR). Commercial Bank Of Montreal Can has 0% invested in Rexford Industrial Realty, Inc. (NYSE:REXR) for 14,671 shares. State Street owns 2.60 million shares for 0.01% of their portfolio. Northern holds 1.37M shares or 0.01% of its portfolio. Stifel Fin holds 0% of its portfolio in Rexford Industrial Realty, Inc. (NYSE:REXR) for 26,561 shares. Pub Employees Retirement Systems Of Ohio reported 93,251 shares.

Since May 10, 2018, it had 0 insider buys, and 1 sale for $569,495 activity.

Rexford Industrial Realty, Inc. (NYSE:REXR) Ratings Coverage

Among 5 analysts covering Rexford Industrial Realty (NYSE:REXR), 3 have Buy rating, 2 Sell and 0 Hold. Therefore 60% are positive. Rexford Industrial Realty had 6 analyst reports since December 15, 2017 according to SRatingsIntel. The firm earned “Underweight” rating on Friday, December 15 by JP Morgan. Jefferies maintained Rexford Industrial Realty, Inc. (NYSE:REXR) on Friday, February 16 with “Buy” rating. The rating was maintained by DA Davidson with “Buy” on Wednesday, May 2. The stock of Rexford Industrial Realty, Inc. (NYSE:REXR) earned “Buy” rating by Stifel Nicolaus on Wednesday, February 14. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, May 4 report. The firm has “Sell” rating given on Friday, December 15 by J.P. Morgan. Below is a list of Rexford Industrial Realty, Inc. (NYSE:REXR) latest ratings and price target changes.

04/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $30 New Target: $34 Maintain
02/05/2018 Broker: DA Davidson Old Rating: Buy New Rating: Buy Old Target: $34 New Target: $40 Maintain
16/02/2018 Broker: Jefferies Rating: Buy New Target: $33.0 Maintain
14/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $30.0 Maintain
15/12/2017 Broker: J.P. Morgan Rating: Sell New Target: $29.0 Downgrade
15/12/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade

The stock increased 0.96% or $0.3 during the last trading session, reaching $31.44. About 1.49M shares traded or 115.62% up from the average. Rexford Industrial Realty, Inc. (NYSE:REXR) has risen 14.73% since June 14, 2017 and is uptrending. It has outperformed by 2.16% the S&P500.

Rexford Industrial Realty, Inc. is an equity real estate investment trust. The company has market cap of $2.61 billion. The firm invests in the real estate markets of Southern California, United States. It has a 65.5 P/E ratio. It engages in owning, operating and acquiring industrial properties.

More news for Rexford Industrial Realty, Inc. (NYSE:REXR) were recently published by: Seekingalpha.com, which released: “SA Interview: Investing In REITs With Robert Ruggirello, CFA” on June 10, 2018. Seekingalpha.com‘s article titled: “Rexford Industrial buys two industrial sites for $18.3M” and published on May 24, 2018 is yet another important article.

Rexford Industrial Realty, Inc. (NYSE:REXR) Institutional Positions Chart

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