Morningstar (MORN) : Royce Associates Lp reduced its stake in Morningstar by 5.41% during the most recent quarter end. The investment management company now holds a total of 988,696 shares of Morningstar which is valued at $81,953,011 after selling 56,600 shares in Morningstar , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Morningstar makes up approximately 0.51% of Royce Associates Lp’s portfolio.
Other Hedge Funds, Including , Blair William Coil reduced its stake in MORN by selling 13,906 shares or 5.19% in the most recent quarter. The Hedge Fund company now holds 254,134 shares of MORN which is valued at $21,065,167. Morningstar makes up approx 0.19% of Blair William Coil’s portfolio.Quantbot Technologies Lp boosted its stake in MORN in the latest quarter, The investment management firm added 134 additional shares and now holds a total of 523 shares of Morningstar which is valued at $43,310. Montag A Associates Inc sold out all of its stake in MORN during the most recent quarter. The investment firm sold 3,110 shares of MORN which is valued $257,539. Rockefeller Financial Services Inc sold out all of its stake in MORN during the most recent quarter. The investment firm sold 170 shares of MORN which is valued $14,430.Denali Advisors reduced its stake in MORN by selling 35,000 shares or 58.82% in the most recent quarter. The Hedge Fund company now holds 24,500 shares of MORN which is valued at $2,043,055. Morningstar makes up approx 0.34% of Denali Advisors’s portfolio.
Morningstar opened for trading at $81.88 and hit $82.36 on the upside on Monday, eventually ending the session at $82.14, with a gain of 0.16% or 0.13 points. The heightened volatility saw the trading volume jump to 65,657 shares. Company has a market cap of $3,537 M.
Morningstar Inc. is a provider of independent investment research in North America Europe Australia and Asia. The Company offers a line of products and services for financial advisors asset managers retirement plan providers and sponsors and individual investors. In addition to its United States-based products and services it offers local versions of its products designed for investors in Asia Australia Canada Europe Latin America and South Africa. Morningstar serves approximately 250000 financial advisors 1700 asset management firms 24 retirement plan providers 290000 retirement plan sponsors and 9.9 million individual investors. The Company has operations in 27 countries. As of December 31 2014 the Company provided data on approximately 500000 investments including mutual funds stocks exchange-traded funds (ETFs) closed-end funds separate accounts and variable annuities.