Morningstar, Inc. (MORN) Stake Held by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can held its position in shares of Morningstar, Inc. (NASDAQ:MORN) during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,554 shares of the business services provider’s stock at the end of the 2nd quarter. Great West Life Assurance Co. Can’s holdings in Morningstar were worth $121,000 as of its most recent SEC filing.

Separately, Public Employees Retirement Association of Colorado grew its holdings in Morningstar by 0.9% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 3,383 shares of the business services provider’s stock valued at $265,000 after buying an additional 29 shares during the period. 38.31% of the stock is owned by hedge funds and other institutional investors.

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Separately, BidaskClub upgraded Morningstar from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th.

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

Shares of Morningstar, Inc. (NASDAQ MORN) opened at 82.76 on Tuesday. The stock has a market cap of $3.52 billion, a PE ratio of 21.72 and a beta of 0.75. The firm has a 50-day moving average price of $81.96 and a 200 day moving average price of $78.25. Morningstar, Inc. has a 12-month low of $67.74 and a 12-month high of $84.67.

Morningstar Company Profile

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.

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Institutional Ownership by Quarter for Morningstar (NASDAQ:MORN)

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