|Bid||142.69 x 1000|
|Ask||143.17 x 800|
|Day's Range||143.03 - 144.22|
|52 Week Range||99.67 - 149.70|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||35.42|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.12 (0.78%)|
|1y Target Est||75.00|
CHICAGO, June 18, 2019 /PRNewswire/ -- Morningstar, Inc. (MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) fund flows for May 2019. Overall, passive U.S. equity funds saw $2.7 billion in outflows while active U.S. equity funds lost $12.9 billion to outflows. With additional funds reporting assets after the April fund flows report published, Morningstar data shows about $89.0 billion between active and passive U.S. equity funds reaching parity.
Morningstar Inc NASDAQ/NGS:MORNView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for MORN with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MORN. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding MORN are favorable, with net inflows of $2.45 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Company Talk This column offers something different. I frequently discuss what makes mutual funds tick, but never so about companies. Doing so would be presumptuous. I have never been an equity analyst, nor I have ever run a business.
A properly constructed, long-term investment strategy, by definition, shouldn't require portfolio changes in response to market swings. Investors should remember that timing ups and downs of the bond market is hard, as it is with any investment. Sarah Bush, director of Morningstar Research Services' fixed-income manager research, notes that big bets on changes in the economy, especially significant adjustments to portfolio interest-rate sensitivity, can be difficult for even professional investors to get right consistently.
CHICAGO , June 10, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 161 ...
Artisan Partners Asset Management APAM has long earned Morningstar's admiration. As a result, Artisan has earned a Positive Parent rating, one of the pillars that support Morningstar Medalist designations for a number of Artisan funds. Of the 15 open-end strategies Artisan offers, 12 are on Morningstar's coverage list, and all of those have earned Morningstar Analyst Ratings of Bronze, Silver, or Gold.
In 2018, we introduced a more robust approach to evaluating alternative funds' performance that considers diversification benefits they might confer to a traditional portfolio. In this article, we've updated the results of our previous study as of March 31, 2019, and included more granular results using Morningstar's institutional categories, which include sub-strategies within the multialternative and market neutral Morningstar Categories. Event-driven funds, a sub-strategy within market neutral, have done particularly well over the trailing three years.
Most fixed-income investors can easily rattle off the so-called Big Three — S&P Global Ratings, Moody’s Investors Service and Fitch Ratings, which combined represented 95.8% of all outstanding U.S. ratings at the end of 2017, according to a Securities and Exchange Commission report. Congratulations to those who knew DBRS, formerly known as the Dominion Bond Rating Service.
First corporate AWS DeepRacer competition fuels hands-on learning in machine learning and artificial intelligence across more than 445 employees worldwide CHICAGO , May 30, 2019 /PRNewswire/ -- Morningstar, ...
Morningstar Direct and Office clients can access the full report here. Since Morningstar began covering 529 plans, the industry has consistently improved. Fees have fallen, underlying investment quality has increased, and oversight has strengthened.
CHICAGO, May 29, 2019 /PRNewswire/ -- Morningstar, Inc. (MORN), a leading provider of independent investment research, today announced it has entered into a definitive agreement to acquire DBRS, the world's fourth-largest credit ratings agency, for a purchase price of $669 million. The combination of DBRS with Morningstar Credit Ratings' U.S. business will expand global asset class coverage and provide an enhanced platform for providing investors with leading fixed-income analysis and research. "The chance to empower investors with the independent research and opinions they need across a multitude of securities first drove our decision to enter the credit ratings business," said Morningstar Chief Executive Officer Kunal Kapoor.
A reader asked me how Morningstar determines its fund categories. Armed with funds' portfolio holdings and the computational power to evaluate them, Morningstar jettisoned fund companies' definitions, opting instead to impose its own structure. For example, several investment-grade bond funds were classified as high-yield bond funds.
Not as much as Treasury bonds or the Aggregate Index have, based on a follow-up look at data depicting the correlations between stocks and various other asset classes. Such funds, which land in the intermediate core bond and intermediate core-plus bond Morningstar Categories, often hold substantial corporate-bond exposure. In an article this week, I assembled asset correlation charts with an eye toward depicting which categories had delivered the best diversification benefit for a plain-vanilla U.S. equity portfolio, as represented by the S&P 500.
Comprehensive family of indexes represents all major fixed-income markets and asset classes CHICAGO , May 21, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment ...
Morningstar has downgraded British wealth manager Neil Woodford's £4.3 billion Equity Income Fund to neutral from bronze due to heavy redemptions and risk-taking, the fund rating firm said on Monday. "Persistent redemptions, underperformance, and stock-specific issues, combined with the manager's relentless willingness to push the portfolio to its liquidity limit, have resulted in portfolio positioning that we consider extreme," Morningstar analyst Peter Brunt said in a note. Morningstar awards gold, silver or bronze ratings to funds it considers strongly performing.
CHICAGO, May 17, 2019 /PRNewswire/ -- The board of directors of Morningstar, Inc. (MORN), a leading provider of independent investment research, today declared a quarterly dividend of 28 cents per share. Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the private capital markets.
CHICAGO, May 17, 2019 /PRNewswire/ -- Morningstar, Inc. (MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) fund flows for April 2019. Overall, passive U.S. equity fund assets nearly reached parity with active U.S. equity funds, as passive U.S. equity funds saw total assets of $4.3 trillion by month end, just $6.0 billion shy of active U.S. equity funds' total assets.