Wasatch Advisors Adds $20M in Moelis & Company ($MC)
Key Points
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Wasatch Advisors increased its position in Moelis & Company ($MC) by 9.03% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,742,624 shares of Moelis & Company after buying 310,001 shares during the quarter. Wasatch Advisors's holdings in Moelis & Company were worth $244.84 million as of its most recent filing.
Moelis & Company Stock Down 4.4%
Shares of Moelis & Company ($MC) traded around $65.42 on Sunday, down 4.4% for the day.
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About Moelis & Company
Moelis & Company operates as an investment banking advisory company in North and South America, Europe, the Middle East, Asia, and Australia. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters, as well as strategic advisory, capital markets, capital structure advisory, and private capital advisory. The company serves public multinational corporations, middle market private companies, financial sponsors, entrepreneurs, governments, and sovereign wealth funds clients. Moelis & Company was founded in 2007 and is headquartered in New York, New York.
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