Phillips Edison & Company, Inc. $PECO Shares Sold by Caxton Associates LLP

Caxton Associates LLP reduced its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO) by 26.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,812 shares of the company’s stock after selling 16,007 shares during the quarter. Caxton Associates LLP’s holdings in Phillips Edison & Company, Inc. were worth $1,639,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new position in shares of Phillips Edison & Company, Inc. during the 4th quarter valued at about $70,850,000. Balyasny Asset Management L.P. increased its position in Phillips Edison & Company, Inc. by 191.9% during the third 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 last quarter. M&T Bank Corp acquired a new stake in Phillips Edison & Company, Inc. during the fourth quarter worth about $27,133,000. Alyeska Investment Group L.P. acquired a new stake in Phillips Edison & Company, Inc. during the fourth quarter worth about $19,400,000. Finally, Verition Fund Management LLC raised its stake 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 worth $18,250,000 after purchasing an additional 492,076 shares during the period. 80.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PECO. Morgan Stanley increased their price target on shares of Phillips Edison & Company, Inc. from $38.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. Evercore reaffirmed an “outperform” rating and set a $44.00 price target on shares of Phillips Edison & Company, Inc. in a research report on Tuesday, July 7th. Barclays upped their price objective on Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the company an “equal weight” rating in a report on Tuesday, May 12th. Weiss Ratings upgraded Phillips Edison & Company, Inc. from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. Finally, LADENBURG THALM/SH SH raised their target price on Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $44.14.

Phillips Edison & Company, Inc. Price Performance

NASDAQ PECO opened at $43.53 on Friday. The firm’s 50-day moving average is $41.46 and its two-hundred day moving average is $39.08. Phillips Edison & Company, Inc. has a 12 month low of $32.84 and a 12 month high of $44.38. The stock has a market capitalization of $5.48 billion, a P/E ratio of 37.85, a PEG ratio of 2.32 and a beta of 0.52.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.33 earnings per share 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 5.56%. The company had revenue of $189.62 million for the quarter, compared to analyst estimates of $187.46 million. During the same quarter in the prior year, the business earned $0.64 earnings per share. Phillips Edison & Company, Inc.’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. As a group, analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 EPS for the current year.

Phillips Edison & Company, Inc. Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 4th. Investors of record on Wednesday, July 15th will be given a dividend of $0.1083 per share. 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%.

Key Stories Impacting Phillips Edison & Company, Inc.

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

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.