Morningstar, Inc. (NASDAQ:MORN):
Morningstar for Advisors App Simplifies Client Engagement for Advisors Anywhere.
The company is up from yesterday’s close of $78.69.
Morningstar, Inc. also recently declared a dividend to be paid on Friday the 28th of October 2016. The dividend will be $0.220 per share for the quarter or $0.88 annualized. This dividend represents a yeild of $1.10 which is the dividend as a percentage of the current share price. The ex-dividend date will be on Wednesday July 6th, 2016.
Company chares are trading at $78.99 which is marginally under $81.75, the stock’s 50 day moving average and just a bit lower than the 200 day moving average of $83.19. The 50 day moving average was down by -3.17% and the 200 day average moved down $-4.03.
The P/E ratio is 26.27 and the market value is 3.41B.
Short traders are feeling a little more bearish on Morningstar, Inc. of late looking at the change in short interest. The firm recorded a rise in short interest between August 31, 2016 and September 15, 2016 of 0.08%. Short interest grew from 74,747 to 80,995 over that period. The days to cover increased to 1.1 and the short interest percentage is 0.00% as of September 15.
A few brokerage analysts have released ratings on the stock of late. On April 23 Keefe Bruyette & Woods held the company rating at “Market Perform” but raised the price expectation from $73.00 to $75.00. February 12 investment analysts at Keefe Bruyette & Woods kept the company rating at “Market Perform” but raised the price target to $73.00 from $66.00.