Cetera Investment Advisers lowered its position in shares of Phillips Edison & Company, Inc. (NASDAQ:PECO – Free Report) by 12.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 657,017 shares of the company’s stock after selling 95,513 shares during the period. Cetera Investment Advisers owned about 0.52% of Phillips Edison & Company, Inc. worth $24,586,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new position in Phillips Edison & Company, Inc. during the 4th quarter worth about $70,850,000. Balyasny Asset Management L.P. lifted its position in shares of Phillips Edison & Company, Inc. by 191.9% in the 3rd quarter. Balyasny Asset Management L.P. now owns 1,869,618 shares of the company’s stock worth $64,184,000 after purchasing an additional 1,229,186 shares during the period. M&T Bank Corp purchased a new stake in shares of Phillips Edison & Company, Inc. in the 4th quarter worth approximately $27,133,000. Alyeska Investment Group L.P. bought a new position in shares of Phillips Edison & Company, Inc. during the fourth quarter valued at approximately $19,400,000. Finally, Verition Fund Management LLC increased its holdings in Phillips Edison & Company, Inc. by 2,343.2% during the fourth quarter. Verition Fund Management LLC now owns 513,076 shares of the company’s stock valued at $18,250,000 after buying an additional 492,076 shares during the period. 80.70% of the stock is currently owned by institutional investors.
Key Phillips Edison & Company, Inc. News
Here are the key news stories impacting Phillips Edison & Company, Inc. this week:
- Positive Sentiment: Moody’s revised Phillips Edison & Company’s outlook to positive while affirming its Baa2 senior unsecured rating, which can signal improving credit quality and lower financing-risk concerns. Moody’s Updates Phillips Edison & Company Outlook to Positive
- Positive Sentiment: The company reported Q2 FFO of $0.69 per share, slightly ahead of the Zacks consensus estimate of $0.68, suggesting core operating performance was better than expected for a shopping-center REIT. Phillips Edison & Company, Inc. (PECO) Beats Q2 FFO Estimates
- Neutral Sentiment: Second-quarter revenue of $189.6 million was slightly above expectations, but reported EPS of $0.33 missed consensus by a wide margin versus $0.64 a year ago, highlighting pressure on bottom-line earnings. Phillips Edison & Company Reports Second Quarter 2026 Results
- Neutral Sentiment: The company maintained solid revenue growth, with quarterly revenue up 6.7% year over year, which helps offset concerns about the EPS miss but does not fully remove them. Listen to Conference Call
- Negative Sentiment: Phillips Edison & Company also cut its FY 2026 EPS guidance to $0.95-$0.97, well below the market’s prior expectations, which could weigh on sentiment despite the supportive rating action. Phillips Edison & Company Reports Second Quarter 2026 Results
Wall Street Analyst Weigh In
Get Our Latest Analysis on PECO
Phillips Edison & Company, Inc. Price Performance
NASDAQ PECO opened at $43.53 on Monday. The firm has a market cap of $5.48 billion, a PE ratio of 37.85, a price-to-earnings-growth ratio of 2.32 and a beta of 0.52. The company has a 50 day moving average price of $41.46 and a 200 day moving average price of $39.11. Phillips Edison & Company, Inc. has a 52 week low of $32.84 and a 52 week high of $44.38.
Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.35). Phillips Edison & Company, Inc. had a net margin of 19.14% and a return on equity of 5.52%. The firm had revenue of $189.62 million for the quarter, compared to analysts’ expectations of $187.46 million. During the same period in the previous year, the company earned $0.64 EPS. The company’s revenue was up 6.7% on a year-over-year basis. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. On average, equities research analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 earnings per share for the current fiscal year.
Phillips Edison & Company, Inc. Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, August 4th. Stockholders of record on Wednesday, July 15th will be given a $0.1083 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. Phillips Edison & Company, Inc.’s dividend payout ratio (DPR) is presently 113.04%.
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.
Read More
- Five stocks we like better than Phillips Edison & Company, Inc.
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Want to see what other hedge funds are holding PECO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Phillips Edison & Company, Inc. (NASDAQ:PECO – Free Report).
Receive News & Ratings for Phillips Edison & Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phillips Edison & Company Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
