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MC $75.36

MC target price
75.36
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0
Moelis & Company
Type
Public
Traded as NYSE: MC
Industry Financial Services
Founded 2007; 10 years ago (2007)
Founder Kenneth D. Moelis
Headquarters 399 Park Avenue
New York, New York, United States
Products Investment banking
Revenue Increase $613.4 million (2016)
Number of employees
650
Website www.moelis.com, www.moelisaustralia.com.au

Moelis & Company is a global independent investment bank that provides financial advisory services to corporations, governments and financial sponsors. The firm advises on strategic decisions such as mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters.

It was founded in 2007 and is headquartered in New York, with 17 offices in North and South America, Europe, the Middle East, Asia and Australia. It has 650 employees including 450 investment bankers. Of the 100 managing directors, averaging more than 20 years of experience each, 66 are former sector and product heads.

Moelis operates from 17 offices globally across North and South America, Europe, the Middle East, Asia and Australia:

China Beijing
United States Boston
United States Chicago
United Arab Emirates Dubai
Germany Frankfurt

Hong Kong Hong Kong
United States Houston
Japan Japan*
United Kingdom London
United States Los Angeles

Australia Melbourne
India Mumbai
United States New York City
United States San Francisco

France Paris
Brazil São Paulo
Australia Sydney
United States Washington D.C.

*Strategic Alliance with SMBC and SMBC Nikko

Moelis was founded in July 2007 by Ken Moelis and partners including Navid Mahmoodzadegan and Jeffrey Raich. The firm opened in New York and Los Angeles, and became a top 10 ranked M&A advisor in the US in its first full year of operations, advising on transactions such as Anheuser-Busch's $61.2 billion sale to InBev, Yahoo's defense from Microsoft's $44.6 billion unsolicited proposal, and Hilton Hotels' $26.5 billion sale to The Blackstone Group.

In July 2008, Moelis opened its restructuring practice by hiring the co-heads of Jefferies' restructuring and advising on the $22.2 billion reorganization of Delphi Automotive, and the $29.6 billion reorganization of AMR Corp and $17.0 billion merger with US Airways Group. Matthew Prest, the restructuring head of European corporate finance firm Close Brothers, soon followed with his team to join Moelis in London. Early European restructuring mandates included the £1.5 billion recapitalization of the Co-operative Bank and the €15.4 billion restructuring of Glitnir.

In June 2009 Mark Aedy joined Moelis as head of EMEA Investment Banking based in the London office. Early mandates in Europe included advising Natixis on the €30.0 billion disposal of most of its complex credit derivative portfolio.

In August 2009 Moelis opened an office in Sydney, Australia, led by a team from JP Morgan. In Australia, Moelis has advised SABMiller on the A$11.7 billion acquisition of Fosters Group, advised a consortium including Deutsche Bank, KKR and Värde Partners on the A$8.2 billion acquisition of GE Capital Australia & New Zealand Consumer Finance, and advised Centro Properties on the A$4.3 billion restructuring and A$5.0 billion merger of Australian interests.

The firm opened a Dubai office in January 2011 while advising the Government of Dubai on the $24.9 billion restructuring of its investment holding company, Dubai World. The firm also expanded into Asia by opening a Hong Kong office.

In January 2012, Moelis announced a strategic alliance agreement with the second largest Japanese bank, SMBC and its subsidiary SMBC Nikko. Together they have advised on significant cross-border M&A, including Osaka Securities Exchange's ¥278.4 billion combination with the Tokyo Stock Exchange.

In March 2014, the firm expanded into South America, opening an office in São Paulo, Brazil.

In April 2014, the firm completed its initial public offering and began trading on the New York Stock Exchange. Moelis had advised on over $1 trillion in transactions by the time of its IPO. Employees maintain ownership of the majority of the company.

In June 2014, Moelis established a private funds advisory business with four hires.

In February 2015, the firm opened its Washington DC office, following the hire of Eric Cantor, former House Majority Leader, in September 2014.

In April 2017, the firm held an initial public offering (IPO) for its Australian business, Moelis Australia.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-25 Future report Set alerts
Q2 2022 2022-07-27 0.57 0.57
Q1 2022 2022-04-27 0.95 0.95
Q4 2021 2022-02-09 1.42 1.42
Q3 2021 2021-10-27 1.77 1.77
Q2 2021 2021-07-21 1.19 1.19
Q1 2021 2021-04-28 1.02 1.02
Q4 2020 2021-02-10 1.99 1.99
Q3 2020 2020-10-26 0.54 0.54
Q2 2020 2020-07-29 -0.11 -0.10

Ratings

2016-06-28 Reiterated Rating Credit Suisse Hold
2016-06-28 Reiterated Rating Credit Suisse Group AG Hold
2016-06-07 Reiterated Rating Morgan Stanley Buy
2016-02-16 Reiterated Rating Morgan Stanley Overweight $34.00
2016-02-11 Reiterated Rating Moelis & Company Neutral $29.00 to $26.00
2016-02-11 Reiterated Rating Credit Suisse Hold $30.00 to $29.00
2016-02-10 Lower Price Target Goldman Sachs Neutral $30.00 to $29.00
2016-02-10 Lower Price Target Goldman Sachs Group Inc. Neutral $30.00 to $29.00
2016-01-13 Upgrade Buckingham Research Neutral to Buy
2015-12-21 Initiated Coverage Buckingham Research Neutral $32.00
2015-12-11 Boost Price Target Keefe, Bruyette & Woods $34.00 to $35.00
2015-11-30 Initiated Coverage Sandler O'Neill Buy $34.00
2015-10-29 Reiterated Rating Susquehanna Hold $29.00 to $31.00
2015-10-29 Boost Price Target Credit Suisse Neutral $28.00 to $30.00
2015-10-08 Reiterated Rating JMP Securities Buy
2015-10-07 Reiterated Rating Keefe, Bruyette & Woods Buy $36.00 to $34.00
2015-09-08 Upgrade Credit Suisse Underperform to Neutral $29.00 to $28.00
2015-08-11 Upgrade Keefe, Bruyette & Woods Market Perform to Outperform $34.00 to $36.00
2015-06-25 Initiated Coverage Goldman Sachs Neutral $33.00
2015-04-30 Downgrade Susquehanna Positive to Neutral $35.00 to $27.00
2015-04-13 Lower Price Target Susquehanna Positive $37.00 to $35.00
2015-02-02 Initiated Coverage Credit Suisse Underperform $32.00
2015-01-13 Downgrade Goldman Sachs Buy to Neutral $36.00
2015-01-12 Boost Price Target JMP Securities Market Outperform $37.00 to $38.00
2014-10-30 Upgrade Susquehanna Neutral to Positive $36.00 to $39.00
2014-07-11 Reiterated Rating JMP Securities Market Outperform $33.00 to $35.00
2014-06-05 Initiated Coverage Susquehanna Neutral $31.00
2014-05-21 Initiated Coverage Rafferty Capital Markets Hold $32.00
2014-05-12 Initiated Coverage Morgan Stanley Overweight $34.00
2014-05-12 Initiated Coverage Goldman Sachs Buy
2014-05-12 Initiated Coverage Keefe, Bruyette & Woods Market Perform
2014-05-12 Initiated Coverage JPMorgan Chase & Co. Overweight $31.00
2014-05-12 Initiated Coverage JMP Securities Outperform $33.00
2016-06-28 Reiterated Rating Credit Suisse Hold
2016-06-28 Reiterated Rating Credit Suisse Group AG Hold
2016-06-07 Reiterated Rating Morgan Stanley Buy
2016-02-16 Reiterated Rating Morgan Stanley Overweight $34.00
2016-02-11 Reiterated Rating Moelis & Company Neutral $29.00 to $26.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
MOELIS KENNETH Chairman and CEO 0.31%  (47479) MC /
Cantor Eric 0.14%  (20924) MC /
WATANABE OSAMU R. General Counsel and Secretary 0.04%  (5313) MC /
CRAIN ELIZABETH Chief Operating Officer 0.03%  (4535) MC /
BOLLENBACH STEPHEN F 0.02%  (2484) KBH / M / MC / MDLZ / TWX /