Morningstar, Inc. (NASDAQ:MORN) is expected to pay $0.22 on Oct 28, 2016. The indicated annual dividend is $0.88. Shareholders owning the stock before Oct 6, 2016 will be eligible to receive the payout. Based on Morningstar, Inc.’s current price of $78.02, the dividend is 0.28%. This dividend’s record date is Oct 11, 2016 and the announcement date is Sep 30, 2016. The stock decreased 1.24% or $0.98 during the last trading session, hitting $78.02. Morningstar, Inc. (NASDAQ:MORN) has declined 2.00% since March 2, 2016 and is downtrending. It has underperformed by 10.26% the S&P500.
Morningstar, Inc. is a provider of independent investment research in North America, Europe, Australia and Asia. The company has a market cap of $3.35 billion. The Firm offers a line of data, software, research and investment management offerings for financial advisors, asset managers, retirement plan providers and sponsors, and individual investors. It has a 25.97 P/E ratio. In addition to its United States services and products, the Company offers local versions of its products designed for investors in Asia, Australia, Canada, Europe, Latin America and South Africa.
Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.24, from 1.14 in 2016Q1. The ratio dropped, as 21 funds sold all Morningstar, Inc. shares owned while 57 reduced positions. 15 funds bought stakes while 55 increased positions. They now own 15.94 million shares or 3.26% less from 16.48 million shares in 2016Q1.
The Ohio-based Johnson Invest Counsel Inc has invested 0.02% in Morningstar, Inc. (NASDAQ:MORN). California Employees Retirement System has 68,668 shares for 0.01% of their US portfolio. Benjamin F Edwards last reported 35 shares in the company. State Board Of Administration Of Florida Retirement Sys holds 0.01% or 35,121 shares in its portfolio. Huntington Financial Bank accumulated 5,270 shares or 0.01% of the stock. Fuller And Thaler Asset has 0% invested in the company for 195 shares. Kayne Anderson Rudnick Invest Mngmt Ltd Co has 0.26% invested in the company for 206,785 shares. Alps accumulated 0% or 4,802 shares. Financial Mngmt holds 64 shares or 0% of its portfolio. Numeric Ltd Liability has invested 0% of its portfolio in Morningstar, Inc. (NASDAQ:MORN). Martingale Asset Limited Partnership, a Massachusetts-based fund reported 106,455 shares. Legal General Group Incorporated Pcl owns 1,971 shares or 0% of their US portfolio. Royal Financial Bank Of Canada holds 6,096 shares or 0% of its portfolio. Synovus Corp accumulated 2,098 shares or 0% of the stock. Pnc Financial Group Inc Incorporated accumulated 0% or 1,740 shares.
Insider Transactions: Since April 26, 2016, the stock had 0 buys, and 8 selling transactions for $1.41 million net activity. Desmond Bevin had sold 2,000 shares worth $165,467 on Tuesday, May 3. Shares for $213,512 were sold by Sturm Paul W on Thursday, April 28. Landis Gail S sold $65,594 worth of Morningstar, Inc. (NASDAQ:MORN) on Tuesday, April 26.
More notable recent Morningstar, Inc. (NASDAQ:MORN) news were published by: Prnewswire.com which released: “Equity Funds Remain Positive in September 2016; Post Strong Quarterly Results …” on October 04, 2016, also Prnewswire.com with their article: “Morningstar, Inc. Declares Regular Quarterly Dividend of 22 Cents Per Share” published on September 30, 2016, Prnewswire.com published: “Morningstar, Inc. to Announce Third-Quarter Financial Results on Oct. 20” on September 19, 2016. More interesting news about Morningstar, Inc. (NASDAQ:MORN) were released by: Prnewswire.com and their article: “Morningstar, Inc. Names Kunal Kapoor Chief Executive Officer; Founder Joe …” published on September 06, 2016 as well as Prnewswire.com‘s news article titled: “Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for August 2016” with publication date: September 16, 2016.
MORN Company Profile
Morningstar, Inc., incorporated on May 16, 1984, is a well-known provider of independent investment research in North America, Europe, Australia and Asia. The Firm offers a line of data, software, research and investment management offerings for financial advisors, asset managers, retirement plan providers and sponsors, and individual investors. In addition to its United States services and products, the Company offers local versions of its products designed for investors in Asia, Australia, Canada, Europe, Latin America and South Africa. The Firm serves approximately 250,000 financial advisors, over 1,300 asset management firms, approximately 30 retirement plan providers, over 300,000 retirement plan sponsors and approximately 10.1 million individual investors. The Firm has activities in approximately 30 countries.
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