Phillips Edison & CoPECO
PECO
About: Phillips Edison & Co Inc is a real estate investment trust. The company also operates a third-party investment management business providing property management and advisory services to four unconsolidated institutional joint ventures, in which it has a partial ownership interests, and one private fund. It invests in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market of expertise designed to optimize property value and consistently deliver a great shopping experience.
Employees: 300
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
565% more call options, than puts
Call options by funds: $1.84M | Put options by funds: $277K
62% more capital invested
Capital invested by funds: $3.74B [Q3] → $6.07B (+$2.32B) [Q4]
13% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 124
2.39% more ownership
Funds ownership: 81.13% [Q3] → 83.52% (+2.39%) [Q4]
10% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 42
2% less funds holding
Funds holding: 397 [Q3] → 391 (-6) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$37
7%
upside
Avg. target
$38
11%
upside
High target
$40
16%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Mizuho Haendel St. Juste 69% 1-year accuracy 11 / 16 met price target | 10%upside $38 | Outperform Maintained | 25 Feb 2025 |
Wells Fargo | 7%upside $37 | Equal-Weight Maintained | 29 Jan 2025 |
JP Morgan Michael Mueller 80% 1-year accuracy 12 / 15 met price target | 16%upside $40 | Neutral Maintained | 7 Jan 2025 |
Financial journalist opinion
Based on 4 articles about PECO published over the past 30 days
Positive
24/7 Wall Street
2 days ago
Passive Income Seekers Should Look at These Monthly Dividend Paying Stocks
Dividend stocks are gaining popularity again due to the recent wave of bearishness in the stock market.
Neutral
GlobeNewsWire
2 weeks ago
Phillips Edison & Company to Present at Citi's 2025 Global Property CEO Conference
CINCINNATI, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that the Company will participate in a roundtable presentation at Citi's 2025 Global Property CEO Conference on Tuesday, March 4, 2025 at 4:20 p.m. Eastern Time.
Neutral
GlobeNewsWire
4 weeks ago
Phillips Edison & Company to Host PECO GROW Update for Financial Advisors and Retail Investors on February 25
CINCINNATI, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will host a PECO GROW Update for financial advisors and retail investors on Tuesday, February 25, 2025, at 12:00 p.m. ET. During the webcast, PECO will discuss the business and answer questions from financial advisors and retail investors.
Neutral
GlobeNewsWire
4 weeks ago
Phillips Edison & Company Declares Monthly Dividend Distributions
CINCINNATI, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared monthly dividend distributions of $0.1025 per share of the Company's common stock payable on April 1, 2025 and May 1, 2025 to stockholders of record as of March 17, 2025 and April 15, 2025, respectively.
Positive
Seeking Alpha
1 month ago
Phillips Edison: Prime Grocery-Anchored Real Estate At A Great Price
Phillips Edison offers high exposure to grocery-anchored shopping centers, providing a resilient business model with high occupancy and robust lease spreads. PECO's disciplined acquisition strategy and ground-up development opportunities are expected to deliver attractive returns, supported by a strong investment-grade balance sheet. With a well-covered 3.3% dividend yield and attractive valuation below its historical P/FFO average, PECO is positioned for potentially strong total returns.
Positive
Seeking Alpha
1 month ago
REITs Lead On Earnings Uplift
US equity markets posted a mixed performance this week, while benchmark interest rates rebounded from two-month lows, as investors saw grounds for Fed hawkishness across a critical slate of employment data. The U.S. economy added 143k jobs in January. Upward revisions to prior months and strong wage growth metrics indicated that labor markets remain "healthy" at minimum, and perhaps even "tight." Following a decline of 1% last week sparked by "DeepSeek" concerns, the S&P 500 retreated by 0.2%, relinquishing an early week rally. The Small-Cap and Mid-Cap indexes dipped 1%.
Neutral
Seeking Alpha
1 month ago
Phillips Edison & Company, Inc. (PECO) Q4 2024 Earnings Conference Call Transcript
Phillips Edison & Company, Inc. (NASDAQ:PECO ) Q4 2024 Earnings Conference Call February 7, 2025 12:00 PM ET Company Participants Kimberly Green - Head of IR Jeff Edison - CEO Bob Myers - President John Caulfield - CFO Conference Call Participants Jeffrey Spector - Bank of America Merrill Lynch Haendel St. Juste - Mizuho Caitlin Burrows - Goldman Sachs Dori Kesten - Wells Fargo Ronald Kamdem - Morgan Stanley Omotayo Okusanya - Deutsche Bank Todd Thomas - KeyBanc Capital Markets Floris Van Dijkum - Compass Point Michael Mueller - JP Morgan Juan Sanabria - BMO Capital Markets Paulina Rojas - Green Street Operator Good day, and welcome to Phillips Edison & Company's Fourth Quarter and Full Year 2024 Earnings Call. Please note that this call is being recorded.
Neutral
Zacks Investment Research
1 month ago
Phillips Edison & Company (PECO) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Phillips Edison & Company (PECO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Phillips Edison & Company, Inc. (PECO) Meets Q4 FFO Estimates
Phillips Edison & Company, Inc. (PECO) came out with quarterly funds from operations (FFO) of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.58 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Phillips Edison & Company Reports Fourth Quarter and Full Year 2024 Results
CINCINNATI, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today reported financial and operating results for the fourth quarter and full year ended December 31, 2024 and provided guidance for 2025. For the fourth quarter and full year ended December 31, 2024, net income attributable to stockholders was $18.1 million, or $0.15 per diluted share, and $62.7 million, or $0.51 per diluted share, respectively.
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