Tudor Investment Corp ET AL Purchases New Position in Phillips Edison & Company, Inc. $PECO

Key Points

• Tudor Investment Corp ET AL bought a new stake of 84,226 shares in Phillips Edison & Company (NASDAQ:PECO) in Q3, worth about $2.89 million and representing roughly 0.07% ownership.
• PECO reported quarterly EPS of $0.38 versus $0.66 expected while revenue beat estimates, set FY2026 guidance of $0.740–0.770 EPS, and carries an analyst consensus of "Hold" with an average target of $39.43 (several firms range up to $42).
• The company declared a monthly dividend of $0.1083 per share (annualized yield ~3.4%), but the payout ratio is high at 146.07%, signaling dividends may exceed current earnings.

Tudor Investment Corp ET AL bought a new stake in shares of Phillips Edison & Company, Inc. (NASDAQ:PECO - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 84,226 shares of the company's stock, valued at approximately $2,891,000. Tudor Investment Corp ET AL owned approximately 0.07% of Phillips Edison & Company, Inc. as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of PECO. Jones Financial Companies Lllp raised its position in shares of Phillips Edison & Company, Inc. by 2,590.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,076 shares of the company's stock worth $37,000 after acquiring an additional 1,036 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of Phillips Edison & Company, Inc. by 418.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,119 shares of the company's stock worth $38,000 after purchasing an additional 903 shares during the last quarter. Quantbot Technologies LP purchased a new position in Phillips Edison & Company, Inc. in the third quarter worth about $43,000. Caitong International Asset Management Co. Ltd lifted its position in Phillips Edison & Company, Inc. by 6,850.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,529 shares of the company's stock valued at $52,000 after acquiring an additional 1,507 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Phillips Edison & Company, Inc. by 49.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,604 shares of the company's stock valued at $91,000 after purchasing an additional 865 shares in the last quarter. 80.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on PECO. Evercore set a $42.00 price objective on shares of Phillips Edison & Company, Inc. and gave the company an "outperform" rating in a report on Friday, February 6th. Morgan Stanley lifted their price objective on Phillips Edison & Company, Inc. from $36.00 to $37.00 and gave the company an "equal weight" rating in a research report on Monday, January 5th. Mizuho set a $39.00 target price on shares of Phillips Edison & Company, Inc. in a report on Friday, January 9th. KeyCorp restated a "sector weight" rating on shares of Phillips Edison & Company, Inc. in a research note on Thursday, December 18th. Finally, Wells Fargo & Company increased their price objective on shares of Phillips Edison & Company, Inc. from $36.00 to $40.00 and gave the company an "equal weight" rating in a report on Thursday, March 19th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $39.43.

Phillips Edison & Company, Inc. Trading Down 0.2%

Shares of NASDAQ:PECO opened at $38.51 on Friday. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 43.27, a PEG ratio of 0.98 and a beta of 0.53. The firm's 50-day moving average is $38.02 and its 200 day moving average is $35.96. Phillips Edison & Company, Inc. has a 12 month low of $32.84 and a 12 month high of $40.06.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.28). Phillips Edison & Company, Inc. had a return on equity of 4.29% and a net margin of 15.32%.The business had revenue of $187.86 million for the quarter, compared to the consensus estimate of $183.18 million. During the same period in the prior year, the business posted $0.62 earnings per share. Phillips Edison & Company, Inc.'s revenue was up 8.6% on a year-over-year basis. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.740-0.770 EPS. As a group, equities analysts forecast that Phillips Edison & Company, Inc. will post 2.55 EPS for the current fiscal year.

Phillips Edison & Company, Inc. Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th will be paid a dividend of $0.1083 per share. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, May 15th. Phillips Edison & Company, Inc.'s payout ratio is currently 146.07%.

Phillips Edison & Company, Inc. Company Profile

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company's investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.

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