News headlines about Morningstar (NASDAQ:MORN) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Morningstar earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 43.992365526627 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s rankings:
A number of equities analysts have weighed in on MORN shares. BidaskClub upgraded shares of Morningstar from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 22nd. ValuEngine upgraded shares of Morningstar from a “hold” rating to a “buy” rating in a research report on Saturday, June 2nd.
Morningstar opened at $131.86 on Tuesday, MarketBeat Ratings reports. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.68 and a quick ratio of 1.68. Morningstar has a 12 month low of $76.25 and a 12 month high of $134.95. The company has a market capitalization of $5.62 billion, a PE ratio of 43.06 and a beta of 0.68.
Morningstar (NASDAQ:MORN) last released its quarterly earnings data on Wednesday, April 25th. The business services provider reported $0.72 EPS for the quarter. Morningstar had a net margin of 17.00% and a return on equity of 16.54%. The company had revenue of $243.50 million during the quarter.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 27th. Stockholders of record on Friday, July 6th will be given a $0.25 dividend. The ex-dividend date is Thursday, July 5th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.76%.
In other news, insider Joseph D. Mansueto sold 20,909 shares of the firm’s stock in a transaction that occurred on Friday, May 4th. The shares were sold at an average price of $107.48, for a total value of $2,247,299.32. Following the completion of the transaction, the insider now directly owns 23,771,512 shares in the company, valued at $2,554,962,109.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Joseph D. Mansueto sold 22,354 shares of the firm’s stock in a transaction that occurred on Monday, June 18th. The shares were sold at an average price of $130.75, for a total transaction of $2,922,785.50. Following the completion of the transaction, the insider now owns 23,421,210 shares of the company’s stock, valued at $3,062,323,207.50. The disclosure for this sale can be found here. Insiders sold 346,740 shares of company stock valued at $41,571,357 over the last 90 days. 57.50% of the stock is owned by company insiders.
Morningstar, Inc provides independent investment research services in North America, Europe, Australia, and Asia. It offers a line of data, research, and software tools on a range of investment offerings, including managed investment products, publicly listed companies, fixed income securities, private capital markets, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors.
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