Representative Lisa C. McClain (R-Michigan) recently sold shares of Phillips Edison & Company, Inc. NASDAQ: PECO. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Phillips Edison & Company, Inc. stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
- Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
- Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
- Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
- Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
- Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
- Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
- Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
- Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.
Phillips Edison & Company, Inc. Trading Down 1.1%
PECO stock traded down $0.39 during mid-day trading on Friday, hitting $35.10. 1,701,151 shares of the company were exchanged, compared to its average volume of 710,769. The business has a 50 day simple moving average of $34.66 and a 200-day simple moving average of $35.09. The stock has a market capitalization of $4.41 billion, a PE ratio of 63.82, a price-to-earnings-growth ratio of 1.21 and a beta of 0.55. Phillips Edison & Company, Inc. has a 1-year low of $32.40 and a 1-year high of $40.12.
Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.01. The firm had revenue of $173.47 million during the quarter, compared to the consensus estimate of $174.38 million. Phillips Edison & Company, Inc. had a net margin of 9.91% and a return on equity of 2.64%. The business's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period last year, the business posted $0.59 earnings per share. Phillips Edison & Company, Inc. has set its FY 2025 guidance at 0.610-0.640 EPS. Equities research analysts expect that Phillips Edison & Company, Inc. will post 2.55 earnings per share for the current year.
Phillips Edison & Company, Inc. Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 4th. Shareholders of record on Wednesday, October 15th will be given a dividend of $0.1083 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 3.7%. Phillips Edison & Company, Inc.'s dividend payout ratio (DPR) is 236.36%.
Institutional Trading of Phillips Edison & Company, Inc.
A number of large investors have recently added to or reduced their stakes in PECO. Fifth Third Bancorp increased its holdings in Phillips Edison & Company, Inc. by 78.1% during the first quarter. Fifth Third Bancorp now owns 732 shares of the company's stock worth $27,000 after buying an additional 321 shares during the last quarter. Assetmark Inc. purchased a new stake in Phillips Edison & Company, Inc. during the second quarter worth about $28,000. CX Institutional purchased a new position in Phillips Edison & Company, Inc. during the first quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB grew its stake in Phillips Edison & Company, Inc. by 79.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,360 shares of the company's stock valued at $50,000 after acquiring an additional 602 shares in the last quarter. Finally, State of Wyoming bought a new stake in Phillips Edison & Company, Inc. during the fourth quarter valued at approximately $54,000. Hedge funds and other institutional investors own 80.70% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on PECO shares. Barclays cut their price objective on shares of Phillips Edison & Company, Inc. from $37.00 to $36.00 and set an "equal weight" rating for the company in a report on Wednesday, August 27th. LADENBURG THALM/SH SH started coverage on shares of Phillips Edison & Company, Inc. in a report on Tuesday, September 9th. They issued a "buy" rating and a $40.00 price objective for the company. Wall Street Zen downgraded shares of Phillips Edison & Company, Inc. from a "hold" rating to a "sell" rating in a report on Saturday, September 13th. Finally, Mizuho cut their price objective on shares of Phillips Edison & Company, Inc. from $38.00 to $37.00 and set an "outperform" rating for the company in a report on Thursday, July 17th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $38.83.
Read Our Latest Analysis on Phillips Edison & Company, Inc.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Phillips Edison & Company, Inc. Company Profile
(
Get Free Report)
Phillips Edison & Co, Inc is a real estate investment trust, which engages in the ownership and operation of shopping centers. It also offers an investment management business providing property management and advisory services. Its portfolio consists of well-occupied, grocery-anchored neighborhood and community shopping centers having a mix of national, regional, and local retailers offering necessity-based goods and services.
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