Morningstar, Inc. (NASDAQ:MORN) insider Joseph D. Mansueto sold 15,952 shares of Morningstar stock in a transaction on Monday, July 8th. The shares were sold at an average price of $145.97, for a total transaction of $2,328,513.44. Following the completion of the transaction, the insider now directly owns 21,771,072 shares of the company’s stock, valued at approximately $3,177,923,379.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

MORN opened at $151.01 on Friday. Morningstar, Inc. has a fifty-two week low of $99.67 and a fifty-two week high of $151.27. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.03. The firm has a fifty day moving average price of $143.59. The stock has a market capitalization of $6.44 billion, a PE ratio of 37.93 and a beta of 0.83.

Morningstar (NASDAQ:MORN) last released its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.77 earnings per share for the quarter. Morningstar had a net margin of 16.84% and a return on equity of 17.95%. The company had revenue of $258.90 million during the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, July 5th will be issued a $0.28 dividend. The ex-dividend date is Wednesday, July 3rd. This represents a $1.12 dividend on an annualized basis and a yield of 0.74%.

Separately, BidaskClub cut shares of Walgreens Boots Alliance from a “sell” rating to a “strong sell” rating in a report on Monday, June 24th.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC boosted its holdings in Morningstar by 26.5% in the 1st quarter. FMR LLC now owns 1,554,353 shares of the business services provider’s stock valued at $195,833,000 after purchasing an additional 325,848 shares during the last quarter. Advisory Services Network LLC boosted its holdings in Morningstar by 8.2% in the 1st quarter. Advisory Services Network LLC now owns 2,993 shares of the business services provider’s stock valued at $378,000 after purchasing an additional 227 shares during the last quarter. Marshall Wace North America L.P. boosted its holdings in Morningstar by 604.5% in the 1st quarter. Marshall Wace North America L.P. now owns 3,734 shares of the business services provider’s stock valued at $470,000 after purchasing an additional 3,204 shares during the last quarter. Marshall Wace LLP boosted its holdings in Morningstar by 419.5% in the 1st quarter. Marshall Wace LLP now owns 45,544 shares of the business services provider’s stock valued at $5,738,000 after purchasing an additional 36,777 shares during the last quarter. Finally, Champlain Investment Partners LLC boosted its holdings in Morningstar by 3.8% in the 1st quarter. Champlain Investment Partners LLC now owns 289,765 shares of the business services provider’s stock valued at $36,507,000 after purchasing an additional 10,560 shares during the last quarter. 42.72% of the stock is owned by institutional investors.

About Morningstar

Morningstar, Inc provides independent investment research services in North America, Europe, Australia, Canada, Asia, and internationally. It offers a line of data, research, and software tools on a range of investment offerings, including managed investment products, publicly listed companies, fixed income securities, private capital markets, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors.

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Insider Buying and Selling by Quarter for Morningstar (NASDAQ:MORN)

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