Morningstar (MORN) Given Daily Coverage Optimism Score of 0.15
Media headlines about Morningstar (NASDAQ:MORN) have trended somewhat positive on Friday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Morningstar earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 44.2773625014205 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- CollegeAdvantage Receives a “Silver” Rating From Morningstar (businesswire.com)
- ETFs with exposure to Morningstar, Inc. : November 1, 2017 (finance.yahoo.com)
- Voting Opens for 2018 Benzinga Global Fintech Awards – Hundreds Of Startups To Compete In 28 Categories In Online Fintech Competition (feeds.benzinga.com)
- Statistical Illusions (finance.yahoo.com)
- Morningstar, Inc. :MORN-US: Earnings Analysis: Q3, 2017 By the Numbers : October 31, 2017 (finance.yahoo.com)
Separately, BidaskClub raised Morningstar from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th.
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Wednesday, October 18th were issued a $0.23 dividend. The ex-dividend date was Tuesday, October 17th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.07%. Morningstar’s dividend payout ratio (DPR) is 23.53%.
In other news, Director Gail S. Landis sold 500 shares of the business’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $87.00, for a total value of $43,500.00. Following the completion of the sale, the director now directly owns 47,921 shares in the company, valued at approximately $4,169,127. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jack Noonan sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $85.46, for a total value of $1,709,200.00. Following the completion of the sale, the director now owns 3,344 shares of the company’s stock, valued at $285,778.24. The disclosure for this sale can be found here. Insiders sold a total of 21,000 shares of company stock valued at $1,795,200 over the last quarter. Company insiders own 57.40% of the company’s stock.
Morningstar, Inc is a provider of independent investment research in North America, Europe, Australia, and Asia. The Company focuses to create products that help investors reach their financial goals. It offers a range of data, software, research, and investment management offerings for financial advisors, asset managers, sponsors, and individual investors.
Receive News & Ratings for Morningstar Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morningstar Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.