Company Phillips Edison & Company, Inc.

Equities

PECO

US71844V2016

Commercial REITs

Market Closed - Nasdaq 04:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
33.23 USD -0.78% Intraday chart for Phillips Edison & Company, Inc. +3.78% -8.91%

Business Summary

Phillips Edison & Company, Inc. is a real estate investment trust (REIT). The Company's business is conducted through Phillips Edison Grocery Center Operating Partnership I, L.P. (the Operating Partnership). The Company owns and operates omni-channel grocery-anchored shopping centers. Additionally, it operates a third-party investment management business providing property management and advisory services to two unconsolidated institutional joint ventures and one private fund. Its portfolio primarily consists of neighborhood centers anchored by the #1 or #2 grocer tenants by sales within their respective formats by trade area. Its centers feature a mix of national and regional retailers providing goods and services throughout the United States. The Company manages approximately 301 shopping centers, including 281 wholly owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture.

Number of employees: 290

Sales per Business

USD in Million2022Weight2023Weight Delta
Rental
97.9 %
561 97.4 % 598 97.9 % +6.59%
Fees and Management
1.6 %
12 2.0 % 10 1.6 % -16.42%
Other Property
0.5 %
3 0.6 % 3 0.5 % -9.60%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
575 100.0 % 610 100.0 % +6.04%

Managers

Managers TitleAgeSince
Chief Executive Officer 63 90-12-31
Director of Finance/CFO 43 14-02-28
President 51 02-12-31
Chief Tech/Sci/R&D Officer - 19-12-31
Chief Operating Officer - 03-12-31
Compliance Officer 56 12-12-31
Comptroller/Controller/Auditor - 18-07-31
Human Resources Officer - 11-12-31
Sales & Marketing - 12-12-31
Corporate Officer/Principal 64 13-05-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 -
Director/Board Member 65 -
Director/Board Member 67 -
Chief Executive Officer 63 90-12-31
Director/Board Member 63 18-11-15
Director/Board Member 64 18-12-31
Director/Board Member 38 19-10-31
Director/Board Member 56 23-10-29
Director/Board Member 37 23-06-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 122,253,008 121,607,586 ( 99.47 %) 0 99.47 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
16.18 %
19,784,912 16.18 % 710 M $
Vanguard Fiduciary Trust Co.
15.34 %
18,759,585 15.34 % 673 M $
Wellington Management Co. LLP
6.612 %
8,083,622 6.612 % 290 M $
6,663,043 5.450 % 239 M $
Fidelity Management & Research Co. LLC
3.487 %
4,262,540 3.487 % 153 M $
Massachusetts Financial Services Co.
2.525 %
3,087,214 2.525 % 111 M $
Geode Capital Management LLC
2.350 %
2,872,881 2.350 % 103 M $
Charles Schwab Investment Management, Inc.
1.532 %
1,872,476 1.532 % 67 M $
Macquarie Investment Management Business Trust
1.325 %
1,619,659 1.325 % 58 M $
Norges Bank (13F)
1.089 %
1,331,202 1.089 % 48 M $

Company contact information

Phillips Edison & Co., Inc.

11501 Northlake Drive

45249, Cincinnati

+513 554 1110

http://www.phillipsedison.com
address Phillips Edison & Company, Inc.(PECO)

Group companies

NameCategory and Sector
Real Estate Development
  1. Stock Market
  2. Equities
  3. PECO Stock
  4. Company Phillips Edison & Company, Inc.