Phillips Edison & Company, Inc. (NASDAQ:PECO) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Phillips Edison & Company, Inc. (NASDAQ:PECO) have been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $39.3750.

Several equities research analysts have recently commented on PECO shares. Weiss Ratings restated a “hold (c+)” rating on shares of Phillips Edison & Company, Inc. in a research note on Thursday, January 22nd. Wells Fargo & Company assumed coverage on Phillips Edison & Company, Inc. in a report on Tuesday, October 21st. They set an “equal weight” rating and a $36.00 price target for the company. UBS Group raised their price objective on Phillips Edison & Company, Inc. from $37.00 to $38.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Mizuho set a $39.00 price objective on Phillips Edison & Company, Inc. in a research note on Friday, January 9th. Finally, Morgan Stanley increased their target price on shares of Phillips Edison & Company, Inc. from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Monday, January 5th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Nuveen LLC raised its holdings in Phillips Edison & Company, Inc. by 45.1% during the fourth quarter. Nuveen LLC now owns 1,008,126 shares of the company’s stock valued at $35,859,000 after acquiring an additional 313,327 shares during the period. Inceptionr LLC boosted its stake in shares of Phillips Edison & Company, Inc. by 95.5% in the fourth quarter. Inceptionr LLC now owns 36,441 shares of the company’s stock worth $1,296,000 after acquiring an additional 17,801 shares during the period. M Holdings Securities Inc. grew its position in shares of Phillips Edison & Company, Inc. by 109.7% during the fourth quarter. M Holdings Securities Inc. now owns 23,994 shares of the company’s stock worth $853,000 after purchasing an additional 12,553 shares in the last quarter. Illinois Municipal Retirement Fund raised its stake in Phillips Edison & Company, Inc. by 7.6% during the 4th quarter. Illinois Municipal Retirement Fund now owns 69,425 shares of the company’s stock valued at $2,469,000 after purchasing an additional 4,874 shares during the period. Finally, Metis Global Partners LLC lifted its holdings in Phillips Edison & Company, Inc. by 5.3% in the 4th quarter. Metis Global Partners LLC now owns 29,758 shares of the company’s stock worth $1,058,000 after purchasing an additional 1,485 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Phillips Edison & Company, Inc. Stock Down 0.7%

NASDAQ PECO opened at $37.70 on Thursday. The company has a 50-day moving average price of $35.72 and a 200-day moving average price of $34.94. Phillips Edison & Company, Inc. has a 52 week low of $32.40 and a 52 week high of $38.67. The firm has a market capitalization of $4.74 billion, a P/E ratio of 42.36, a PEG ratio of 0.97 and a beta of 0.53.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last announced its earnings results on Thursday, February 5th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.28). Phillips Edison & Company, Inc. had a net margin of 15.32% and a return on equity of 4.29%. The business had revenue of $187.86 million for the quarter, compared to the consensus estimate of $183.18 million. During the same quarter last year, the firm posted $0.62 earnings per share. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.740-0.770 EPS. As a group, equities research analysts anticipate that Phillips Edison & Company, Inc. will post 2.55 EPS for the current year.

About Phillips Edison & Company, Inc.

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.