Inceptionr LLC Grows Stock Holdings in Phillips Edison & Company, Inc. $PECO

Inceptionr LLC grew its holdings in shares of Phillips Edison & Company, Inc. (NASDAQ:PECO) by 95.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,441 shares of the company’s stock after buying an additional 17,801 shares during the quarter. Inceptionr LLC’s holdings in Phillips Edison & Company, Inc. were worth $1,296,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of Phillips Edison & Company, Inc. by 12.8% in the first quarter. Royal Bank of Canada now owns 81,726 shares of the company’s stock valued at $2,982,000 after purchasing an additional 9,250 shares during the period. AQR Capital Management LLC boosted its stake in shares of Phillips Edison & Company, Inc. by 8.2% in the first quarter. AQR Capital Management LLC now owns 11,091 shares of the company’s stock valued at $405,000 after purchasing an additional 845 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Phillips Edison & Company, Inc. in the first quarter valued at $333,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Phillips Edison & Company, Inc. by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,111 shares of the company’s stock valued at $2,668,000 after purchasing an additional 3,199 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Phillips Edison & Company, Inc. by 49.7% in the second quarter. EverSource Wealth Advisors LLC now owns 2,604 shares of the company’s stock valued at $91,000 after purchasing an additional 865 shares during the period. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

Phillips Edison & Company, Inc. Price Performance

NASDAQ PECO opened at $41.57 on Thursday. Phillips Edison & Company, Inc. has a 12 month low of $32.84 and a 12 month high of $42.26. The company has a market capitalization of $5.23 billion, a price-to-earnings ratio of 45.18, a price-to-earnings-growth ratio of 2.23 and a beta of 0.53. The company’s fifty day moving average price is $39.42 and its two-hundred day moving average price is $37.58.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.43). Phillips Edison & Company, Inc. had a net margin of 15.61% and a return on equity of 4.46%. The company had revenue of $190.74 million for the quarter, compared to the consensus estimate of $184.91 million. During the same quarter last year, the company earned $0.65 earnings per share. The company’s revenue was up 6.9% compared to the same quarter last year. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.790-0.810 EPS. As a group, analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 EPS for the current year.

Phillips Edison & Company, Inc. Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 4th. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.1083 per share. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Wednesday, July 15th. Phillips Edison & Company, Inc.’s dividend payout ratio is 141.30%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on PECO shares. Morgan Stanley upped their target price on shares of Phillips Edison & Company, Inc. from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 21st. Wells Fargo & Company upped their target price on shares of Phillips Edison & Company, Inc. from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. UBS Group upped their target price on shares of Phillips Edison & Company, Inc. from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. Barclays upped their target price on shares of Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings downgraded shares of Phillips Edison & Company, Inc. from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Phillips Edison & Company, Inc. presently has an average rating of “Hold” and a consensus price target of $41.43.

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.