Shares of Moelis & Firm (NYSE:MC – Get Score) have been given a mean suggestion of “Maintain” by the six analysts which are presently overlaying the inventory, Marketbeat.com studies. 5 funding analysts have rated the inventory with a maintain suggestion and one has assigned a purchase suggestion to the corporate. The common 12-month goal value amongst brokerages which have issued a report on the inventory within the final yr is $55.60.
Quite a few equities analysis analysts have not too long ago commented on MC shares. StockNews.com began protection on Moelis & Firm in a analysis report on Thursday, March thirty first. They set a “maintain” score on the inventory. Morgan Stanley dropped their goal value on Moelis & Firm from $65.00 to $53.00 and set an “equal weight” score on the inventory in a analysis report on Tuesday, March eighth. The Goldman Sachs Group dropped their goal value on Moelis & Firm from $50.00 to $45.00 and set a “impartial” score on the inventory in a analysis report on Tuesday, April twelfth. Keefe, Bruyette & Woods lowered Moelis & Firm from an “outperform” score to a “market carry out” score and set a $57.00 goal value on the inventory. in a analysis report on Wednesday, April sixth. Lastly, Piper Sandler lowered Moelis & Firm from an “chubby” score to a “impartial” score and dropped their goal value for the corporate from $52.00 to $50.00 in a analysis report on Thursday, April twenty eighth.
In associated information, COO Elizabeth Crain bought 7,000 shares of the enterprise’s inventory in a transaction on Tuesday, Might thirty first. The inventory was bought at a mean value of $47.08, for a complete worth of $329,560.00. The transaction was disclosed in a submitting with the Securities & Trade Fee, which could be accessed by way of the SEC web site. Insiders personal 17.99% of the corporate’s inventory.
Institutional traders have not too long ago purchased and bought shares of the corporate. Steward Companions Funding Advisory LLC grew its place in shares of Moelis & Firm by 5.3% within the 4th quarter. Steward Companions Funding Advisory LLC now owns 3,563 shares of the asset supervisor’s inventory valued at $223,000 after shopping for an extra 180 shares over the last quarter. MML Traders Companies LLC grew its place in shares of Moelis & Firm by 3.6% within the 4th quarter. MML Traders Companies LLC now owns 5,974 shares of the asset supervisor’s inventory valued at $373,000 after shopping for an extra 210 shares over the last quarter. Liberty Wealth Administration LLC boosted its place in shares of Moelis & Firm by 101.0% throughout the third quarter. Liberty Wealth Administration LLC now owns 422 shares of the asset supervisor’s inventory valued at $28,000 after buying an extra 212 shares within the final quarter. Voya Funding Administration LLC boosted its place in shares of Moelis & Firm by 1.1% throughout the third quarter. Voya Funding Administration LLC now owns 22,864 shares of the asset supervisor’s inventory valued at $1,415,000 after buying an extra 240 shares within the final quarter. Lastly, IndexIQ Advisors LLC boosted its place in shares of Moelis & Firm by 3.0% throughout the 1st quarter. IndexIQ Advisors LLC now owns 8,500 shares of the asset supervisor’s inventory valued at $399,000 after buying an extra 248 shares within the final quarter. 86.17% of the inventory is owned by institutional traders.
Moelis & Firm inventory opened at $38.64 on Friday. The enterprise’s 50-day easy transferring common is $44.23 and its 200 day easy transferring common is $50.73. The inventory has a market cap of $2.69 billion, a price-to-earnings ratio of seven.32 and a beta of 1.20. Moelis & Firm has a 12-month low of $37.16 and a 12-month excessive of $77.49.
Moelis & Firm (NYSE:MC – Get Score) final posted its quarterly earnings outcomes on Wednesday, April twenty seventh. The asset supervisor reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.21. Moelis & Firm had a return on fairness of 89.78% and a internet margin of 23.08%. The enterprise had income of $302.09 million for the quarter, in comparison with analysts’ expectations of $251.42 million. Throughout the identical quarter final yr, the enterprise earned $0.75 earnings per share. Analysis analysts predict that Moelis & Firm will put up 3.73 earnings per share for the present fiscal yr.
The agency additionally not too long ago introduced a quarterly dividend, which was paid on Wednesday, June eighth. Stockholders of file on Monday, Might ninth had been paid a dividend of $0.60 per share. The ex-dividend date was Friday, Might sixth. This represents a $2.40 annualized dividend and a dividend yield of 6.21%. Moelis & Firm’s dividend payout ratio is presently 45.45%.
Moelis & Firm Firm Profile (Get Score)
Moelis & Firm operates as an funding banking advisory agency. It affords advisory companies within the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and different company finance issues. The corporate affords its companies to public multinational firms, center market personal firms, monetary sponsors, entrepreneurs, governments, and sovereign wealth funds.
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