News headlines about Morningstar (NASDAQ:MORN) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Morningstar earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 46.0782107876828 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s analysis:
- MARKET SNAPSHOT: Stock Market Closes Lower As Tech, Financials Weigh (morningstar.com)
- MARKET SNAPSHOT: Stocks Climb After Inflation Report, Shake Off News Of Tillerson Departure (morningstar.com)
- BRIEF-Dalian Morningstar Network’s Share Trade To Halt Pending Announcement – Shenzhen Exchange (finance.yahoo.com)
- BRIEF-Dalian Morningstar Network Technology’s Owner, Former Chairman And Executive Arrested By Police (finance.yahoo.com)
- Morningstar Assigns New Analyst Ratings to Eight U.S. Funds; Upgrades Four Funds and One Target-Date Series; Downgrades Seven Funds in February 2018 (finance.yahoo.com)
Morningstar (MORN) opened at $98.22 on Wednesday. Morningstar has a fifty-two week low of $68.43 and a fifty-two week high of $103.46. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.64 and a quick ratio of 1.64. The firm has a market cap of $4,133.79, a price-to-earnings ratio of 30.79 and a beta of 0.69.
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 27th. Investors of record on Friday, April 6th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, April 5th. Morningstar’s dividend payout ratio (DPR) is presently 31.35%.
Morningstar declared that its board has authorized a share repurchase plan on Friday, December 8th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.
Separately, BidaskClub raised shares of Morningstar from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th.
In related news, Director Gail S. Landis sold 1,531 shares of the firm’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $95.46, for a total value of $146,149.26. Following the completion of the transaction, the director now directly owns 5,350 shares of the company’s stock, valued at $510,711. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Steven N. Kaplan sold 2,500 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $96.91, for a total transaction of $242,275.00. Following the completion of the transaction, the director now directly owns 42,021 shares of the company’s stock, valued at $4,072,255.11. The disclosure for this sale can be found here. Company insiders own 57.40% of the company’s stock.
TRADEMARK VIOLATION WARNING: This story was posted by BBNS and is the sole property of of BBNS. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://baseballnewssource.com/2018/03/14/morningstar-morn-earning-somewhat-favorable-media-coverage-study-finds/2027322.html.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morningstar and related companies with MarketBeat.com's FREE daily email newsletter.