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. Trading Down 0.3%
Shares of NASDAQ PECO traded down $0.09 during midday trading on Friday, hitting $33.83. 754,090 shares of the company's stock were exchanged, compared to its average volume of 797,146. The business's fifty day moving average price is $34.75 and its two-hundred day moving average price is $35.35. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 61.51, a PEG ratio of 1.16 and a beta of 0.54. Phillips Edison & Company, Inc. has a 12-month low of $32.40 and a 12-month high of $40.12.
Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.01. The firm had revenue of $173.47 million for the quarter, compared to analyst estimates 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 quarter in the prior year, the firm earned $0.59 EPS. Equities analysts expect that Phillips Edison & Company, Inc. will post 2.55 earnings per share for the current fiscal year.
Phillips Edison & Company, Inc. Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Friday, August 15th will be issued 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 dividend yield of 3.6%. Phillips Edison & Company, Inc.'s payout ratio is presently 223.64%.
Wall Street Analyst Weigh In
PECO has been the subject of a number of recent research reports. Barclays initiated coverage on Phillips Edison & Company, Inc. in a research report on Wednesday, July 2nd. They issued an "equal weight" rating and a $37.00 target price for the company. Mizuho dropped their target price on 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. Finally, Wall Street Zen cut Phillips Edison & Company, Inc. from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Phillips Edison & Company, Inc. presently has an average rating of "Hold" and a consensus target price of $38.50.
Check Out Our Latest Stock Analysis on PECO
Hedge Funds Weigh In On Phillips Edison & Company, Inc.
Several hedge funds have recently made changes to their positions in PECO. State of Tennessee Department of Treasury boosted its holdings in Phillips Edison & Company, Inc. by 2.1% in the second quarter. State of Tennessee Department of Treasury now owns 54,189 shares of the company's stock worth $1,898,000 after acquiring an additional 1,122 shares in the last quarter. Sophron Capital Management L.P. boosted its holdings in Phillips Edison & Company, Inc. by 27.8% in the second quarter. Sophron Capital Management L.P. now owns 391,032 shares of the company's stock worth $13,698,000 after acquiring an additional 85,059 shares in the last quarter. Orion Porfolio Solutions LLC boosted its holdings in Phillips Edison & Company, Inc. by 14.5% in the second quarter. Orion Porfolio Solutions LLC now owns 33,642 shares of the company's stock worth $1,178,000 after acquiring an additional 4,250 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in Phillips Edison & Company, Inc. by 1.0% in the second quarter. Lazard Asset Management LLC now owns 30,876 shares of the company's stock worth $1,081,000 after acquiring an additional 314 shares in the last quarter. Finally, Holocene Advisors LP boosted its holdings in Phillips Edison & Company, Inc. by 26.1% in the second quarter. Holocene Advisors LP now owns 91,662 shares of the company's stock worth $3,211,000 after acquiring an additional 18,944 shares in the last quarter. 80.70% of the stock is 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.
About Phillips Edison & Company, Inc.
(
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.
Further Reading
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