Morningstar (MORN) Receives Daily Media Sentiment Score of 0.19

Press coverage about Morningstar (NASDAQ:MORN) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. 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 news sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 45.7076912628638 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

• Housing Fundamentals Support Sales at Home Depot (finance.yahoo.com)
• Morningstar Conference to Explore Where ETFs Are Heading (nasdaq.com)
• Investing in Technology to Reach Audiences (blogs.adobe.com)
• Morningstar Assigns New Analyst Rating to 25 U.S. Funds; Upgrades Six Funds; Downgrades Four Funds and One Target-Date Series… (ih.advfn.com)
• Sysco’s Sales and Profits Keep Trucking (finance.yahoo.com)

Shares of Morningstar (NASDAQ:MORN) traded up 0.90% during mid-day trading on Wednesday, reaching $83.11. The company had a trading volume of 17,639 shares. Morningstar has a one year low of $67.74 and a one year high of $84.68. The firm has a 50 day moving average of $80.40 and a 200-day moving average of $77.72. The stock has a market capitalization of $3.53 billion, a P/E ratio of 21.81 and a beta of 0.75.

Separately, BidaskClub raised Morningstar from a “buy” rating to a “strong-buy” rating in a report on Monday.

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In other Morningstar news, insider Tricia Rothschild sold 500 shares of the business’s stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $82.21, for a total transaction of $41,105.00. Following the completion of the sale, the insider now owns 7,652 shares of the company’s stock, valued at $629,070.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bevin Desmond sold 3,002 shares of the business’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $83.21, for a total value of $249,796.42. Following the sale, the insider now directly owns 34,040 shares of the company’s stock, valued at approximately $2,832,468.40. The disclosure for this sale can be found here. Insiders have sold 4,002 shares of company stock valued at $332,401 in the last three months. 57.40% of the stock is currently owned by corporate insiders.

About Morningstar

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.