News headlines about Moelis & Co (NYSE:MC) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Moelis & Co earned a news impact score of 0.19 on Accern’s scale. Accern also gave news headlines about the asset manager an impact score of 46.028238874286 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news headlines that may have effected Accern’s rankings:

Shares of Moelis & Co (NYSE MC) opened at $53.70 on Thursday. The stock has a market cap of $2,781.84, a P/E ratio of 67.98, a PEG ratio of 1.31 and a beta of 1.85. Moelis & Co has a 1 year low of $34.60 and a 1 year high of $54.15.

Moelis & Co (NYSE:MC) last released its quarterly earnings data on Wednesday, February 7th. The asset manager reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.10. The firm had revenue of $169.17 million for the quarter, compared to analysts’ expectations of $160.22 million. Moelis & Co had a net margin of 4.29% and a return on equity of 48.98%. The company’s revenue for the quarter was down 17.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.66 earnings per share. equities analysts expect that Moelis & Co will post 2.73 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.88 annualized dividend and a dividend yield of 3.50%. This is a boost from Moelis & Co’s previous quarterly dividend of $0.37. Moelis & Co’s dividend payout ratio (DPR) is presently 187.34%.

A number of research firms have commented on MC. Zacks Investment Research upgraded shares of Moelis & Co from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research note on Tuesday. Bank of America lifted their price objective on shares of Moelis & Co from $53.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. ValuEngine upgraded shares of Moelis & Co from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Morgan Stanley lifted their price objective on shares of Moelis & Co from $49.00 to $60.00 and gave the company an “overweight” rating in a research report on Friday, February 9th. Finally, UBS Group lifted their price objective on shares of Moelis & Co from $42.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, October 26th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Moelis & Co has a consensus rating of “Buy” and an average target price of $50.67.

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Moelis & Co Company Profile

Moelis & Company is an investment banking advisory company. The Company provides strategic and financial advice to a client base, including corporations, governments and financial sponsors. The Company offers financial advisory services across various industry sectors. It advices its clients on decisions, including mergers and acquisitions (M&A), recapitalizations and restructurings, and other corporate finance matters.

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