Cetera Investment Advisers Decreases Stake in Phillips Edison & Company, Inc. $PECO

Cetera Investment Advisers lessened its stake in shares of Phillips Edison & Company, Inc. (NASDAQ:PECO) by 12.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 657,017 shares of the company’s stock after selling 95,513 shares during the period. Cetera Investment Advisers’ holdings in Phillips Edison & Company, Inc. were worth $24,586,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blair William & Co. IL lifted its stake in shares of Phillips Edison & Company, Inc. by 2.6% during the fourth quarter. Blair William & Co. IL now owns 11,011 shares of the company’s stock worth $392,000 after buying an additional 276 shares during the period. Allworth Financial LP raised its stake in Phillips Edison & Company, Inc. by 4.1% in the 4th quarter. Allworth Financial LP now owns 7,846 shares of the company’s stock worth $279,000 after acquiring an additional 306 shares during the last quarter. Lazard Asset Management LLC lifted its position in Phillips Edison & Company, Inc. by 1.0% during the 2nd 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 during the period. Kovack Advisors Inc. grew its stake in Phillips Edison & Company, Inc. by 2.9% during the 4th quarter. Kovack Advisors Inc. now owns 11,474 shares of the company’s stock valued at $408,000 after purchasing an additional 327 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd increased its holdings in shares of Phillips Edison & Company, Inc. by 55.5% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,053 shares of the company’s stock valued at $37,000 after purchasing an additional 376 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Phillips Edison & Company, Inc. Price Performance

Shares of PECO stock opened at $43.53 on Monday. Phillips Edison & Company, Inc. has a 52-week low of $32.84 and a 52-week high of $44.38. The stock 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 business has a 50-day simple moving average of $41.46 and a 200-day simple moving average of $39.11.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last posted its earnings results on Thursday, July 23rd. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.35). The company had revenue of $189.62 million for the quarter, compared to analyst estimates of $187.46 million. Phillips Edison & Company, Inc. had a return on equity of 5.52% and a net margin of 19.14%.The firm’s revenue was up 6.7% on a year-over-year basis. During the same period last year, the business earned $0.64 earnings per share. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. Sell-side analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 earnings per share for the current fiscal year.

Phillips Edison & Company, Inc. Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 4th. Stockholders of record on Wednesday, July 15th will be paid 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%.

Trending Headlines about 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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on PECO shares. Weiss Ratings raised Phillips Edison & Company, Inc. from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. Barclays increased their price target on shares of Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 12th. Morgan Stanley raised their price target on shares of Phillips Edison & Company, Inc. from $38.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. LADENBURG THALM/SH SH upped their price objective on shares of Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Finally, UBS Group increased their price objective on shares of Phillips Edison & Company, Inc. from $43.00 to $46.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $44.14.

Phillips Edison & Company, Inc. 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.