Rep. Lisa C. McClain Purchases Shares of Phillips Edison & Company, Inc. (NASDAQ:PECO)

Key Points

• Representative Lisa C. McClain purchased shares of Phillips Edison & Company, Inc. for between $1,001 and $15,000 on July 16, 2023, as disclosed in a filing made on August 13, 2023.
• Phillips Edison & Company recently reported earnings, with an EPS of $0.64, surpassing analyst expectations, and a quarterly revenue of $173.47 million, a 10.1% increase year-over-year.
• The company announced a monthly dividend of $0.1025 per share to be paid on September 3rd, with an annualized yield of 3.6% and a payout ratio of 223.64%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Phillips Edison & Company, Inc. NASDAQ: PECO. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Phillips Edison & Company, Inc. stock on July 16th. 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 $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Phillips Edison & Company, Inc. Stock Performance

Phillips Edison & Company, Inc. stock traded up $0.09 during mid-day trading on Wednesday, reaching $34.22. 934,700 shares of the company were exchanged, compared to its average volume of 1,028,463. The firm's 50-day simple moving average is $34.59 and its two-hundred day simple moving average is $35.28. Phillips Edison & Company, Inc. has a twelve month low of $32.40 and a twelve month high of $40.12. The firm has a market cap of $4.30 billion, a PE ratio of 62.22, a price-to-earnings-growth ratio of 1.16 and a beta of 0.54.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last released its earnings results on Thursday, July 24th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.01. Phillips Edison & Company, Inc. had a return on equity of 2.64% and a net margin of 9.91%.The business had revenue of $173.47 million for the quarter, compared to analyst estimates of $174.38 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company's revenue for the quarter was up 10.1% compared to the same quarter last year. Phillips Edison & Company, Inc. has set its FY 2025 guidance at 0.610-0.640 EPS. As a group, equities research analysts anticipate that Phillips Edison & Company, Inc. will post 2.55 EPS for the current year.

Phillips Edison & Company, Inc. Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Friday, August 15th will be paid a dividend of $0.1025 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) annualized dividend and a yield of 3.6%. Phillips Edison & Company, Inc.'s dividend payout ratio is currently 223.64%.

Analysts Set New Price Targets

PECO has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Phillips Edison & Company, Inc. from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Barclays started coverage on shares of Phillips Edison & Company, Inc. in a research note on Wednesday, July 2nd. They set an "equal weight" rating and a $37.00 price target on the stock. Finally, Mizuho reduced 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 research report on Thursday, July 17th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $38.50.

Institutional Investors Weigh In On Phillips Edison & Company, Inc.

Several institutional investors have recently made changes to their positions in the stock. Crossmark Global Holdings Inc. purchased a new position in shares of Phillips Edison & Company, Inc. in the 1st quarter valued at about $242,000. Teacher Retirement System of Texas grew its position in Phillips Edison & Company, Inc. by 11.8% during the first quarter. Teacher Retirement System of Texas now owns 36,284 shares of the company's stock worth $1,324,000 after buying an additional 3,841 shares during the period. Principal Financial Group Inc. increased its holdings in Phillips Edison & Company, Inc. by 4.7% in the first quarter. Principal Financial Group Inc. now owns 623,420 shares of the company's stock valued at $22,749,000 after buying an additional 28,255 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in Phillips Edison & Company, Inc. in the first quarter valued at about $1,002,000. Finally, Vert Asset Management LLC acquired a new stake in shares of Phillips Edison & Company, Inc. during the 1st quarter valued at approximately $1,972,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

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

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.