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 opened at $33.83 on Monday. The company has a 50 day moving average of $34.71 and a 200-day moving average of $35.31. The firm has a market cap of $4.25 billion, a P/E ratio of 61.51, a P/E/G ratio of 1.15 and a beta of 0.54. Phillips Edison & Company, Inc. has a twelve month low of $32.40 and a twelve month high of $40.12.
Phillips Edison & Company, Inc. Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Friday, August 15th will be paid a $0.1025 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, August 15th. Phillips Edison & Company, Inc.’s dividend payout ratio is currently 223.64%.
Wall Street Analysts Forecast Growth
PECO has been the subject of several recent research reports. Wall Street Zen lowered shares of Phillips Edison & Company, Inc. from a “hold” rating to a “sell” rating in a research note on Saturday, July 26th. Mizuho cut their target price on shares of Phillips Edison & Company, Inc. from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Thursday, July 17th. Finally, Barclays initiated 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 target price for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $38.50.
View Our Latest Analysis on PECO
Institutional Investors Weigh In On Phillips Edison & Company, Inc.
A number of large investors have recently made changes to their positions in PECO. Fifth Third Bancorp raised its holdings in shares of Phillips Edison & Company, Inc. by 78.1% during the first quarter. Fifth Third Bancorp now owns 732 shares of the company’s stock valued at $27,000 after acquiring an additional 321 shares during the period. Assetmark Inc. acquired a new stake in shares of Phillips Edison & Company, Inc. during the second quarter valued at approximately $28,000. CX Institutional acquired a new stake in shares of Phillips Edison & Company, Inc. during the first quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of 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 during the period. Finally, State of Wyoming acquired a new position in Phillips Edison & Company, Inc. in the 4th quarter valued at approximately $54,000. Institutional investors and hedge funds own 80.70% of the company’s stock.
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.
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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