Stock News

Suffolk Capital Management Has Decreased Rexford Industrial Realty (REXR) Stake By $589,686; 10 Analysts Bullish Randgold Resources Limited (GOLD)

Rexford Industrial Realty, Inc. (NYSE:REXR) Logo

Suffolk Capital Management Llc decreased Rexford Industrial Realty Inc (REXR) stake by 43.12% reported in 2017Q4 SEC filing. Suffolk Capital Management Llc sold 20,334 shares as Rexford Industrial Realty Inc (REXR)’s stock declined 2.29%. The Suffolk Capital Management Llc holds 26,823 shares with $782,000 value, down from 47,157 last quarter. Rexford Industrial Realty Inc now has $2.36B valuation. The stock increased 2.70% or $0.77 during the last trading session, reaching $29.3. About 160,670 shares traded. Rexford Industrial Realty, Inc. (NYSE:REXR) has risen 29.43% since April 17, 2017 and is uptrending. It has outperformed by 17.88% the S&P500.

Among 18 analysts covering Randgold-Resources (NASDAQ:GOLD), 10 have Buy rating, 1 Sell and 7 Hold. Therefore 56% are positive. Randgold-Resources had 38 analyst reports since July 24, 2015 according to SRatingsIntel. Morgan Stanley downgraded Randgold Resources Limited (NASDAQ:GOLD) on Monday, March 7 to “Equal-Weight” rating. JP Morgan maintained Randgold Resources Limited (NASDAQ:GOLD) rating on Monday, August 15. JP Morgan has “Neutral” rating and $102 target. The stock of Randgold Resources Limited (NASDAQ:GOLD) has “Buy” rating given on Thursday, July 14 by Jefferies. The rating was upgraded by Deutsche Bank to “Buy” on Monday, December 19. Canaccord Genuity upgraded the stock to “Buy” rating in Tuesday, March 13 report. The firm earned “Neutral” rating on Monday, April 9 by JP Morgan. UBS upgraded Randgold Resources Limited (NASDAQ:GOLD) on Friday, September 9 to “Buy” rating. The stock has “Market Perform” rating by BMO Capital Markets on Monday, March 14. As per Monday, June 27, the company rating was upgraded by Goldman Sachs. The rating was downgraded by HSBC to “Hold” on Monday, October 26. See Randgold Resources Limited (NASDAQ:GOLD) latest ratings:

16/04/2018 Broker: Desjardins Securities Rating: Hold New Target: $100.0000 Maintain
09/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $103 New Target: $102 Maintain
04/04/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Underperform Downgrade
26/03/2018 Broker: Goldman Sachs Rating: Buy Upgrade
13/03/2018 Broker: Canaccord Genuity Old Rating: Hold New Rating: Buy Upgrade
12/02/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $103 New Target: $101 Maintain
05/02/2018 Broker: Scotia Capital Rating: Hold New Target: $101.0 Maintain

Randgold Resources Limited explores for and develops gold deposits in Sub-Saharan Africa. The company has market cap of $7.50 billion. It holds interests in the Morila gold mine, the Loulo gold mine, and the Gounkoto gold mine, which are located in Mali, West Africa; Tongon mine situated within the Nielle exploitation permit in the north of Côte d’Ivoire; and Kibali mine located in the Democratic Republic of Congo. It has a 27.79 P/E ratio. The firm was founded in 1995 and is based in St.

The stock increased 0.47% or $0.38 during the last trading session, reaching $81.14. About 60,706 shares traded. Randgold Resources Limited (NASDAQ:GOLD) has declined 7.20% since April 17, 2017 and is downtrending. It has underperformed by 18.75% the S&P500.

Among 12 analysts covering Rexford Industrial (NYSE:REXR), 4 have Buy rating, 2 Sell and 6 Hold. Therefore 33% are positive. Rexford Industrial had 33 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, July 24 by Jefferies. Stifel Nicolaus maintained Rexford Industrial Realty, Inc. (NYSE:REXR) on Wednesday, February 14 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Friday, July 14. Capital One initiated the shares of REXR in report on Monday, November 2 with “Overweight” rating. The company was maintained on Friday, September 25 by Citigroup. Jefferies maintained the shares of REXR in report on Monday, October 30 with “Buy” rating. The rating was maintained by DA Davidson on Friday, August 26 with “Buy”. The rating was maintained by Wunderlich on Monday, May 16 with “Hold”. Jefferies maintained the stock with “Buy” rating in Friday, November 24 report. The rating was maintained by Jefferies with “Buy” on Friday, June 23.

Analysts await Rexford Industrial Realty, Inc. (NYSE:REXR) to report earnings on May, 1 after the close. 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 $20.13 million for 29.30 P/E if the $0.25 EPS becomes a reality. After $0.26 actual earnings per share reported by Rexford Industrial Realty, Inc. for the previous quarter, Wall Street now forecasts -3.85% negative EPS growth.

Investors sentiment decreased to 1.32 in Q4 2017. Its down 1.28, from 2.6 in 2017Q3. It fall, as 20 investors sold REXR shares while 46 reduced holdings. 22 funds opened positions while 65 raised stakes. 76.51 million shares or 1.52% more from 75.36 million shares in 2017Q3 were reported. Victory Mngmt invested in 3,743 shares. 12,615 are held by Tudor Inv Corporation Et Al. Moreover, Advisory Svcs Lc has 0% invested in Rexford Industrial Realty, Inc. (NYSE:REXR). Teacher Retirement Sys Of Texas owns 24,445 shares or 0% of their US portfolio. Aperio Limited Liability Company holds 19,457 shares. Tiaa Cref Limited Com has invested 0.02% in Rexford Industrial Realty, Inc. (NYSE:REXR). Moreover, Morgan Stanley has 0.01% invested in Rexford Industrial Realty, Inc. (NYSE:REXR) for 1.75M shares. Hsbc Public Ltd Company owns 10,634 shares or 0% of their US portfolio. Art Advsr Ltd Llc holds 0.02% of its portfolio in Rexford Industrial Realty, Inc. (NYSE:REXR) for 16,600 shares. Moreover, Ar Asset Management has 0.24% invested in Rexford Industrial Realty, Inc. (NYSE:REXR) for 21,000 shares. State Board Of Administration Of Florida Retirement Sys accumulated 52,209 shares or 0% of the stock. Northern Trust invested 0.01% in Rexford Industrial Realty, Inc. (NYSE:REXR). Ubs Asset Mgmt Americas stated it has 0% of its portfolio in Rexford Industrial Realty, Inc. (NYSE:REXR). Principal Fincl Gru holds 3.32M shares. Eii Mgmt reported 11,455 shares or 0.14% of all its holdings.

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

Leave a Reply

Your email address will not be published. Required fields are marked *