Moelis & Company (MC) Tops Q1 EPS by 14c

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Moelis (MC) PT Raised to $59 at BofA/Merrill Lynch, Says Growth Thesis Continues to Play Out

April 24, 2018 9:15 AM EDT

BofA/Merrill Lynch raised its price target on Moelis (NYSE: MC) to $59.00 (from $57.00) while maintaining a Buy rating.

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April 23, 2018 4:21 PM EDT

Moelis & Company (NYSE: MC) declared a quarterly dividend of $0.47 per share, or $1.88 annualized.

The dividend will be payable on May 17, 2018, to stockholders of record on May 3, 2018, with an ex-dividend date of May 2, 2018.

The annual yield on the dividend is 3.5 percent.

For a... More