Phillips Edison & Company (PECO)

12 West Station LLC • 51st & Olive Station LLC • 7400 Rivers Avenue LLC • Aegis Waterford, L.L.C. • Alameda Crossing Station II LLC • Alameda Crossing Station III LLC • Alameda Crossing Station LLC • Albertville Station LLC • Alico Station LLC • Amherst Station II LLC ...

IRS number

271106076

PECO stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$39.00

Low target

$37.00

High target

$41.00

Latest filings (excl ownership)

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8-K

Entry into a Material Definitive Agreement

10 Jan 25

8-K

Regulation FD Disclosure

19 Dec 24

8-K

Phillips Edison & Company Declares Monthly Dividend Distribution

25 Oct 24

Phillips Edison & Company Reports Third Quarter 2024 Results and Updates Full Year Earnings Guidance

24 Oct 24

8-K

Entry into a Material Definitive Agreement

12 Sep 24

424B5

Prospectus supplement for primary offering

11 Sep 24

FWP

Free writing prospectus

9 Sep 24

424B5

Prospectus supplement for primary offering

9 Sep 24

8-K

Phillips Edison & Company Increases Monthly Dividend Distribution

3 Sep 24

Transcripts

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PECO

Earnings call transcript

2024 Q3

25 Oct 24

PECO

Earnings call transcript

2024 Q2

26 Jul 24

PECO

Earnings call transcript

2024 Q1

26 Apr 24

PECO

Earnings call transcript

2023 Q4

9 Feb 24

PECO

Earnings call transcript

2023 Q3

1 Nov 23

PECO

Earnings call transcript

2023 Q2

2 Aug 23

PECO

Earnings call transcript

2023 Q2

2 Aug 23

PECO

Earnings call transcript

2023 Q1

3 May 23

PECO

Earnings call transcript

2022 Q4

10 Feb 23

PECO

Earnings call transcript

2022 Q3

4 Nov 22

Latest ownership filings

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Devin Ignatius Murphy

Devin Ignatius Murphy

Financial summary

Financial statements Chart PECO financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	9.33 mm	9.33 mm	9.33 mm	9.33 mm	9.33 mm	9.33 mm
Cash burn (monthly)	538.33 k	(no burn)	9.63 mm	6.98 mm	(no burn)	(no burn)
Cash used (since last report)	2.17 mm	n/a	38.74 mm	28.06 mm	n/a	n/a
Cash remaining	7.17 mm	n/a	-29.41 mm	-18.73 mm	n/a	n/a
Runway (months of cash)	13.3	n/a	-3.1	-2.7	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

PECO institutional ownership history Ownership history

81.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	391	363	+7.7%
Opened positions	62	54	+14.8%
Closed positions	34	44	-22.7%
Increased positions	109	105	+3.8%
Reduced positions	139	134	+3.7%

13F shares	Current	Prev Q	Change
Total value	3.61 tn	3.08 tn	+17.1%
Total shares	99.44 mm	98.15 mm	+1.3%
Total puts	1.10 k	500.00	+120.0%
Total calls	75.90 k	73.60 k	+3.1%
Total put/call ratio	0.0	0.0	+113.3%

Largest owners	Shares	Value	Change
BlackRock	21.51 mm	$811.21 bn	NEW
Vanguard	19.24 mm	$725.52 bn	+0.0%
Wellington Management	7.38 mm	$278.15 bn	-3.9%
STT State Street	7.07 mm	$267.29 bn	+0.3%
Geode Capital Management	3.19 mm	$120.35 bn	+0.6%
FMR	2.64 mm	$99.57 bn	-6.5%
Charles Schwab Investment Management	2.09 mm	$78.98 bn	+5.1%
MQBKY Macquarie Group Limited	1.56 mm	$58.69 bn	-2.3%
Duff & Phelps Investment Management	1.47 mm	$55.59 bn	+50.1%
Alyeska Investment	1.45 mm	$54.67 bn	-7.0%

Largest transactions	Shares	Bought/sold	Change
BlackRock	21.51 mm	+21.51 mm	NEW
BLK BlackRock	0.00	-21.41 mm	EXIT
Norges Bank	0.00	-1.48 mm	EXIT
Centersquare Investment Management	1.14 mm	+1.09 mm	+2328.6%
Ubs Global Asset Management Americas	765.82 k	+615.08 k	+408.0%
Duff & Phelps Investment Management	1.47 mm	+492.16 k	+50.1%
Aew Capital Management L P	427.07 k	+427.07 k	NEW
Thrivent Financial For Lutherans	198.42 k	-411.08 k	-67.4%
Balyasny Asset Management	0.00	-403.63 k	EXIT
American Century Companies	39.78 k	-349.69 k	-89.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PECO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jan 25	Brady Tanya	OP Units Common Stock	Option exercise	Acquire M	No	No	0	686	0.00	43,012.603
1 Jan 25	Brady Tanya	Class B Units Common Stock	Option exercise	Dispose M	No	No	0	686	0.00	0
1 Jan 25	Caulfield John P	OP Units Common Stock	Option exercise	Acquire M	No	No	0	1,258	0.00	50,304.434
1 Jan 25	Caulfield John P	Class B Units Common Stock	Option exercise	Dispose M	No	No	0	1,258	0.00	0
1 Jan 25	Robison Jennifer L	Common Stock	Payment of exercise	Dispose F	No	No	37.46	282	10.56 k	27,430
1 Jan 25	Myers Robert F.	OP Units Common Stock	Option exercise	Acquire M	No	No	0	3,428	0.00	243,338.923
1 Jan 25	Myers Robert F.	Class B Units Common Stock	Option exercise	Dispose M	No	No	0	3,428	0.00	0
31 Dec 24	Brady Tanya	OP Units Common Stock	Option exercise	Acquire M	No	No	0	271.603	0.00	42,326.603
31 Dec 24	Brady Tanya	OP Units Common Stock	Option exercise	Acquire M	No	No	0	1,834	0.00	42,055
31 Dec 24	Brady Tanya	Class C Units Common Stock	Option exercise	Dispose M	No	No	0	271.603	0.00	0