A number of firms have modified their ratings and price targets on shares of Moelis & Company (NYSE: MC) recently:
- 2/6/2025 – Moelis & Company had its price target raised by analysts at Morgan Stanley from $95.00 to $100.00. They now have an “overweight” rating on the stock.
- 2/6/2025 – Moelis & Company had its “outperform” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $92.00 price target on the stock, up previously from $86.00.
- 2/6/2025 – Moelis & Company had its price target raised by analysts at The Goldman Sachs Group, Inc. from $79.00 to $87.00. They now have a “neutral” rating on the stock.
- 2/6/2025 – Moelis & Company had its “market perform” rating reaffirmed by analysts at JMP Securities.
- 2/6/2025 – Moelis & Company had its price target raised by analysts at Wells Fargo & Company from $77.00 to $83.00. They now have an “equal weight” rating on the stock.
- 1/14/2025 – Moelis & Company had its price target lowered by analysts at Wells Fargo & Company from $78.00 to $77.00. They now have an “equal weight” rating on the stock.
- 12/20/2024 – Moelis & Company was upgraded by analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating. They now have a $86.00 price target on the stock, up previously from $71.00.
Moelis & Company Stock Down 3.1 %
MC traded down $2.40 during trading on Wednesday, reaching $75.18. The stock had a trading volume of 64,445 shares, compared to its average volume of 762,913. The firm has a market capitalization of $5.63 billion, a price-to-earnings ratio of 42.71 and a beta of 1.40. Moelis & Company has a 1-year low of $46.24 and a 1-year high of $82.89. The stock has a 50 day moving average of $75.60 and a two-hundred day moving average of $71.02.
Moelis & Company (NYSE:MC – Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The asset manager reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.79. Moelis & Company had a return on equity of 38.49% and a net margin of 11.39%. On average, research analysts forecast that Moelis & Company will post 2.57 EPS for the current fiscal year.
Moelis & Company Increases Dividend
Institutional Trading of Moelis & Company
Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Moelis & Company by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 8,147,315 shares of the asset manager’s stock valued at $601,924,000 after purchasing an additional 99,766 shares during the period. Geode Capital Management LLC increased its position in Moelis & Company by 0.7% during the third quarter. Geode Capital Management LLC now owns 1,590,316 shares of the asset manager’s stock worth $108,973,000 after buying an additional 10,698 shares during the last quarter. Madison Investment Advisors LLC bought a new position in shares of Moelis & Company in the fourth quarter worth about $86,062,000. Charles Schwab Investment Management Inc. grew its position in Moelis & Company by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 935,552 shares of the asset manager’s stock worth $69,119,000 after buying an additional 12,632 shares in the last quarter. Finally, Natixis Advisors LLC grew its position in Moelis & Company by 13.7% during the third quarter. Natixis Advisors LLC now owns 804,860 shares of the asset manager’s stock worth $55,141,000 after buying an additional 96,720 shares in the last quarter. 91.53% of the stock is owned by institutional investors and hedge funds.
Moelis & Company operates as an investment banking advisory firm. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters, as well as strategic, capital structure, and private funds advisory.
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