Institutional investors boosted Moelis & Company's stock, but analysts still give it a "Hold" rating.

Moelis & Company's stock saw significant interest from institutional investors in Q4, with EFG Asset Management North America Corp. increasing its holdings by 172.4%, now owning 72,599 shares worth $5.36 million. The company beat earnings expectations, reporting $1.18 per share compared to forecasts of $0.39. Despite the strong performance, analysts have given Moelis & Company a "Hold" consensus rating with a target price of $71.83.