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Moelis & Company (MC) Prices 6M Class A Share Offering at $42/Sh
July 26, 2017 5:42 AM EDTMoelis & Company (the Company) (NYSE: MC), a leading global independent investment bank, today announced the pricing of the previously announced public offering of 6,000,000 shares of its Class A common stock at a public offering price of $42 per share, which is expected to yield gross proceeds of approximately $252.0 million, before deducting... More
Moelis (MC) PT Raised to $45 at BofA/Merrill Lynch Followng 2Q
July 25, 2017 9:09 AM EDTBofA/Merrill Lynch raised its price target on Moelis (NYSE: MC) to $45.00 (from $43.00) while maintaining a Buy rating following 2Q. Moelis reported EPS of $0.66 compared to consensus estimates of $0.47. Revenue also beat expectations with $172M vs. the Street's $157M.
Over the near term,... More
Moelis (MC) PT Raised to $42 at UBS Following 2Q EPS Beat
July 25, 2017 7:17 AM EDTUBS raised its price target on Moelis (NYSE: MC) to $42.00 (from $40.00) while maintaining a Neutral rating following the company's 2Q earnings report. Moelis reported 2Q adjusted pro forma EPS of $0.66, above the consensus of $0.47 per share.
Analyst Brennan Hawken raised 2017 adjusted... More
Moelis & Company (MC) Declares $0.37 Quarterly Dividend; 3.6% Yield
July 24, 2017 4:20 PM EDTMoelis & Company (NYSE: MC) declared a quarterly dividend of $0.37 per share, or $1.48 annualized.
The dividend will be payable on August 17, 2017, to stockholders of record on August 3, 2017, with an ex-dividend date of August 1, 2017.
The annual yield on the dividend is 3.6 percent.
For a... More
