MorningstarMORN
Market Cap: $13.1B
About: Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, currency exchanges, and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's largest share of revenue is generated in the United States of America.
Employees: 11,334
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
26% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 35
2% more funds holding
Funds holding: 381 [Q1] → 390 (+9) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 145
3.54% less ownership
Funds ownership: 63.95% [Q1] → 60.41% (-3.54%) [Q2]
9% less capital invested
Capital invested by funds: $8.42B [Q1] → $7.64B (-$781M) [Q2]
28% less call options, than puts
Call options by funds: $2.6M | Put options by funds: $3.64M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
BMO Capital Jeff Silber 100% 1-year accuracy 2 / 2 met price target | 16%upside $352 | Outperform Maintained | 28 Aug 2024 |
BMO Capital Jeff Silber 100% 1-year accuracy 2 / 2 met price target | 16%upside $352 | Outperform Initiated | 12 Aug 2024 |