Seaport Res Ptn Has Optimistic Outlook of MC Q4 Earnings

Moelis & Company (NYSE:MC - Free Report) - Seaport Res Ptn increased their Q4 2026 earnings per share estimates for shares of Moelis & Company in a note issued to investors on Wednesday, April 9th. Seaport Res Ptn analyst J. Mitchell now anticipates that the asset manager will earn $1.32 per share for the quarter, up from their prior estimate of $1.22. The consensus estimate for Moelis & Company's current full-year earnings is $2.97 per share.

A number of other research analysts have also issued reports on the company. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and set a $92.00 target price (up from $86.00) on shares of Moelis & Company in a report on Thursday, February 6th. Morgan Stanley lowered their target price on Moelis & Company from $70.00 to $42.00 and set an "underweight" rating on the stock in a research note on Monday, April 7th. JMP Securities reiterated a "market perform" rating on shares of Moelis & Company in a report on Thursday, February 6th. Wells Fargo & Company reduced their price objective on shares of Moelis & Company from $63.00 to $55.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Finally, StockNews.com cut shares of Moelis & Company from a "buy" rating to a "hold" rating in a research note on Thursday, March 13th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $62.50.

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Moelis & Company Stock Performance

Shares of MC traded up $0.21 during midday trading on Thursday, hitting $52.33. 334,682 shares of the stock traded hands, compared to its average volume of 722,703. Moelis & Company has a 1-year low of $46.24 and a 1-year high of $82.89. The business's 50 day moving average price is $63.69 and its two-hundred day moving average price is $70.02. The firm has a market capitalization of $3.92 billion, a PE ratio of 29.73 and a beta of 1.53.

Moelis & Company (NYSE:MC - Get Free Report) last released its earnings results on Wednesday, February 5th. The asset manager reported $1.18 EPS for the quarter, beating the consensus estimate of $0.39 by $0.79. Moelis & Company had a return on equity of 38.49% and a net margin of 11.39%.

Institutional Trading of Moelis & Company

A number of institutional investors and hedge funds have recently modified their holdings of MC. Madison Investment Advisors LLC bought a new stake in Moelis & Company in the fourth quarter valued at approximately $86,062,000. Norges Bank bought a new position in Moelis & Company during the fourth quarter worth about $52,610,000. Balyasny Asset Management L.P. increased its holdings in shares of Moelis & Company by 215.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 723,384 shares of the asset manager's stock worth $53,444,000 after acquiring an additional 494,123 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Moelis & Company during the fourth quarter worth about $27,855,000. Finally, Capital Research Global Investors bought a new position in shares of Moelis & Company during the 4th quarter valued at about $20,720,000. 91.53% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Kenneth Moelis sold 9,712 shares of the firm's stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $74.00, for a total value of $718,688.00. Following the transaction, the chief executive officer now directly owns 209,235 shares in the company, valued at $15,483,390. This trade represents a 4.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Christopher Callesano sold 1,282 shares of the company's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $74.00, for a total value of $94,868.00. Following the completion of the sale, the insider now owns 1,227 shares of the company's stock, valued at $90,798. This represents a 51.10 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,721 shares of company stock valued at $1,677,017. 6.40% of the stock is currently owned by corporate insiders.

Moelis & Company Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.65 per share. This is a boost from Moelis & Company's previous quarterly dividend of $0.60. This represents a $2.60 annualized dividend and a dividend yield of 4.97%. The ex-dividend date was Tuesday, February 18th. Moelis & Company's dividend payout ratio is 147.73%.

Moelis & Company Company Profile

Moelis & Co operates as a holding company. It engages in the provision of financial advisory, capital raising and asset management services to a client base including corporations, governments, sovereign wealth funds and financial sponsors. The firm focuses on clients including large public multinational corporations, middle market private companies, financial sponsors, entrepreneurs and governments.