Eam Investors Trimmed Moelis & Company (MC) Holding; GROW CONDOS (GRWC) Sellers Decreased By 87.49% Their Shorts

February 26, 2018 - By Nellie Frank

Eam Investors Llc decreased Moelis & Company (MC) stake by 23.16% reported in 2017Q3 SEC filing. Eam Investors Llc sold 16,810 shares as Moelis & Company (MC)’s stock declined 4.53%. The Eam Investors Llc holds 55,768 shares with $2.40 million value, down from 72,578 last quarter. Moelis & Company now has $2.88B valuation. The stock increased 0.63% or $0.33 during the last trading session, reaching $51.53. About 101,186 shares traded. Moelis & Company (NYSE:MC) has risen 40.93% since February 26, 2017 and is uptrending. It has outperformed by 24.23% the S&P500.

GROW CONDOS INC (OTCMKTS:GRWC) had a decrease of 87.49% in short interest. GRWC’s SI was 26,400 shares in February as released by FINRA. Its down 87.49% from 211,100 shares previously. The SI to GROW CONDOS INC’s float is 1.59%. The stock increased 13.64% or $0.0105 during the last trading session, reaching $0.0875. About 651,716 shares traded. Grow Condos, Inc. (OTCMKTS:GRWC) has 0.00% since February 26, 2017 and is . It has underperformed by 16.70% the S&P500.

Grow Condos, Inc. operates as a real estate purchaser, developer, and manager of specific use industrial properties in the United States. The company has market cap of $7.61 million. It provides condo style turn-key grow facilities to support cannabis growers. It currently has negative earnings. The firm is also involved in the development, lease, ownership, and provision of investment sales opportunities for commercial industrial properties focused in the cannabis production arena.

Among 13 analysts covering Moelis & Co (NYSE:MC), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Moelis & Co had 32 analyst reports since August 11, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of MC in report on Tuesday, July 25 with “Overweight” rating. Bank of America maintained the shares of MC in report on Tuesday, July 25 with “Buy” rating. Keefe Bruyette & Woods initiated the stock with “Mkt Perform” rating in Friday, May 5 report. The company was maintained on Wednesday, February 7 by Keefe Bruyette & Woods. The stock has “Buy” rating by UBS on Thursday, October 29. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Hold” rating given on Wednesday, January 10 by Keefe Bruyette & Woods. The stock of Moelis & Company (NYSE:MC) has “Neutral” rating given on Tuesday, September 8 by Credit Suisse. Wood upgraded it to “Market Perform” rating and $36 target in Tuesday, August 11 report. The company was initiated on Monday, November 30 by Sandler O’Neill.

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