Moelis Receives a Hold from KBW

By Carrie Williams

KBW analyst Ann Dai reiterated a Hold rating on Moelis (NYSE: MC) on December 21 and set a price target of $49. The company’s shares closed yesterday at $49.50, close to its 52-week high of $49.53.

According to, Dai is a 4-star analyst with an average return of 26.5% and a 95.8% success rate. Dai covers the Financial sector, focusing on stocks such as Piper Jaffray Companies, Raymond James Financial, and Evercore Partners Inc.

Moelis has an analyst consensus of Hold, with a price target consensus of $49.

Based on Moelis’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $185 million and quarterly net profit of $19.21 million. In comparison, last year the company earned revenue of $151 million and had a net profit of $9.49 million.

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock.

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Moelis & Co. operates a global investment bank that provides financial advisory, capital raising, and asset management services to a client base including corporations, governments, and financial sponsors. It focuses on clients from large public multinational corporations to middle market private companies to individual entrepreneurs.