Daniel Johnson’s Gillson Capital Portfolio: 5 Best Dividend Stocks

4. Moelis & Company (NYSE:MC)

Number of Hedge Fund Holders: 26
Dividend Yield as of February 17: 4.71%
Gillson Capital’s Stake Value: $14,757,000

Moelis & Company (NYSE:MC) is an American financial services company that provides advisory services to government and financial sponsors. In Q4 2021, Gillson Capital increased its position in the company significantly by 128% to $14.8 million worth of stakes. Moelis & Company (NYSE:MC) accounted for 0.96% of Daniel Johnson’s portfolio.

At the end of Q4 2021, 26 hedge funds tracked by Insider Monkey reported owning stakes in Moelis & Company (NYSE:MC), worth roughly $200 million. In comparison, 25 hedge funds held stakes in the company in the previous quarter, valued at $147.3 million. William Heard’s Heard Capital held a stake worth over $37.4 million in the company, becoming its largest shareholder in Q4.

On October 27, Moelis & Company (NYSE:MC) announced a quarterly dividend of $0.60 per share, with a special dividend of $2.50 per share. The stock’s dividend yield stands at 4.71%. Moelis & Company (NYSE:MC) has been paying dividends to the shareholders for the past six years. In February, Piper Sandler set a $70 price target on the stock, while upgrading the shares to Overweight.