Rexford Industrial Realty, Inc: Teachers Advisors Opened Position

February 14, 2018 - By reb123z

 Rexford Industrial Realty, Inc: Teachers Advisors Opened Position

Investors sentiment increased to 2.6 in Q3 2017. Its up 0.90, from 1.7 in 2017Q2. It improved, as 8 investors sold Rexford Industrial Realty, Inc. shares while 34 reduced holdings. 37 funds opened positions while 72 raised stakes. 75.36 million shares or 12.04% more from 67.26 million shares in 2017Q2 were reported.

Acadian Asset Mngmt Limited Liability Corporation reported 0% in Rexford Industrial Realty, Inc. (NYSE:REXR). Schwab Charles Invest Mngmt invested in 0.02% or 721,699 shares. Ameritas Inc holds 0.01% or 5,666 shares. First Republic Mngmt accumulated 0.01% or 38,541 shares. Credit Agricole S A holds 0% or 37,661 shares. Asset Management One Communication holds 196,615 shares or 0.01% of its portfolio. Manufacturers Life Ins The accumulated 206,826 shares or 0.01% of the stock. Amp Cap Limited has invested 0% in Rexford Industrial Realty, Inc. (NYSE:REXR). American Group stated it has 46,242 shares or 0% of all its holdings. Comerica Fincl Bank owns 0.01% invested in Rexford Industrial Realty, Inc. (NYSE:REXR) for 53,744 shares. Walleye Trading Ltd Co owns 0% invested in Rexford Industrial Realty, Inc. (NYSE:REXR) for 9,652 shares. California State Teachers Retirement Systems holds 0.01% or 112,984 shares in its portfolio. Advantus Management invested 0.08% of its portfolio in Rexford Industrial Realty, Inc. (NYSE:REXR). Massachusetts Serv Communication Ma holds 0.01% in Rexford Industrial Realty, Inc. (NYSE:REXR) or 849,565 shares. Clearbridge Invests Ltd Liability has 0% invested in Rexford Industrial Realty, Inc. (NYSE:REXR).

The New Teachers Advisors Holding in Rexford Industrial Realty, Inc

Teachers Advisors reported SC 13G/A form with the SEC for Rexford Industrial Realty, Inc. Access it here: 000093041318000414. As reported by Teachers Advisors, the filler owns 4.44% or 3,456,254 shares of the Finance–company.

Rexford Industrial Realty, Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Teachers Advisors’s positive view for Rexford Industrial Realty, Inc. For a institutional investor managing $79.15 billion in assets and having 1135+ experts this is interesting position.

Rexford Industrial Realty, Inc Institutional Sentiment

Filings show 97 investors own Rexford Industrial Realty, Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 1702288. 49282525 were owned by these investors. 12 funds opened new Rexford Industrial Realty, Inc stakes, 40 increased positions. There were 18 that closed positions and 36 reduced them.

Real Estate Management Services Llc is an investor bullish on Rexford Industrial Realty, Inc, owning 1473700 shares as of Q3 2015 for 3.14% of its portfolio. Schneider Capital Management Corp owns 318787 shares or 0.92% of its portfolio. CA First Foundation Advisors have 5.05% of its portfolio for 4458329 shares. Further, First Republic Investment Management Inc reported stake worth 0.01% of its portfolio. The CA Ar Asset Management Inc owns 21000 shares. Rexford Industrial Realty, Inc is 0.13% of its portfolio.

Business Profile

Rexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust (REIT). The Company is focused on owning, operating and acquiring industrial properties in Southern California infill markets. Rexford Industrial Realty, L.P. is the operating partnership of the Company. Through its controlling interest in Operating Partnership and its subsidiaries, the Company owns, manages, leases, acquires and develops industrial real estate located in Southern California infill markets, and from time to time, acquires or provides mortgage debt secured by industrial property. As of November 30, 2017, the Company’s consolidated portfolio consisted of 148 properties with approximately 18.1 million rentable square feet. In addition, the Company managed an additional 19 properties with approximately 1.2 million rentable square feet.

SEC Form 13G.

Teachers Advisors website.

Analysts await Rexford Industrial Realty, Inc. (NYSE:REXR) to report earnings on February, 15. They expect $0.25 earnings per share, up 8.70 % or $0.02 from last year’s $0.23 per share. REXR’s profit will be $19.96M for 27.67 P/E if the $0.25 EPS becomes a reality. After $0.25 actual earnings per share reported by Rexford Industrial Realty, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

The stock increased 0.69% or $0.19 during the last trading session, reaching $27.67. About 480,531 shares traded or 0.01% up from the average. Rexford Industrial Realty, Inc. (NYSE:REXR) has risen 36.17% since February 14, 2017 and is uptrending. It has outperformed by 19.47% the S&P500.

Rexford Industrial is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. The company has market cap of $2.21 billion. The Firm owns 146 properties with approximately 18.0 million rentable square feet and manages an additional 19 properties with approximately 1.2 million rentable square feet. It has a 64.35 P/E ratio.

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

Among 12 analysts covering Rexford Industrial (NYSE:REXR), 4 have Buy rating, 2 Sell and 6 Hold. Therefore 33% are positive. Rexford Industrial has $36.0 highest and $14 lowest target. $27.65’s average target is -0.07% below currents $27.67 stock price. Rexford Industrial had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Rexford Industrial Realty, Inc. (NYSE:REXR) earned “Buy” rating by Jefferies on Friday, June 23. As per Wednesday, February 24, the company rating was downgraded by Capital One. J.P. Morgan downgraded Rexford Industrial Realty, Inc. (NYSE:REXR) rating on Tuesday, September 26. J.P. Morgan has “Hold” rating and $29.0 target. The firm earned “Overweight” rating on Monday, November 2 by Capital One. The firm earned “Outperform” rating on Tuesday, August 8 by FBR Capital. The rating was maintained by Citigroup with “Neutral” on Tuesday, October 17. The firm has “Buy” rating given on Monday, October 16 by Stifel Nicolaus. The firm has “Buy” rating by Jefferies given on Friday, November 24. Wells Fargo downgraded Rexford Industrial Realty, Inc. (NYSE:REXR) on Tuesday, December 15 to “Market Perform” rating. The company was maintained on Monday, October 30 by Jefferies.

More notable recent Rexford Industrial Realty, Inc. (NYSE:REXR) news were published by: Labusinessjournal.com which released: “Rexford Industrial Realty Acquires Ontario’s Safari Business Center for $141 …” on May 26, 2017, also Prnewswire.com with their article: “Rexford Industrial Acquires Industrial Property For $11.4 Million; Sells One …” published on January 22, 2018, Seekingalpha.com published: “Rexford Industrial Realty: This 5.875% Preferred Stock Started Trading On The NYSE” on November 19, 2017. More interesting news about Rexford Industrial Realty, Inc. (NYSE:REXR) were released by: Prnewswire.com and their article: “Rexford Industrial Announces Pricing of Preferred Stock Offering” published on November 06, 2017 as well as Prnewswire.com‘s news article titled: “Rexford Industrial Acquires Industrial Park For $210.5 Million” with publication date: July 19, 2017.

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