Mdu Resources Group Incorporated (NYSE:MDU)’s Stock Is Buy After Less Market Selling

February 15, 2018 - By Ellis Scott

 Mdu Resources Group Incorporated (NYSE:MDU)'s Stock Is Buy After Less Market Selling

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.12, from 1.04 in 2017Q2. It is positive, as 25 investors sold MDU Resources Group, Inc. shares while 84 reduced holdings. 37 funds opened positions while 89 raised stakes. 121.98 million shares or 0.14% less from 122.15 million shares in 2017Q2 were reported.
Citigroup Incorporated holds 0% or 100,129 shares in its portfolio. Moreover, Schwab Charles Mngmt has 0.02% invested in MDU Resources Group, Inc. (NYSE:MDU) for 964,253 shares. Oregon-based Oregon Employees Retirement Fund has invested 0.03% in MDU Resources Group, Inc. (NYSE:MDU). Systematic Fincl L P accumulated 55,851 shares or 0.03% of the stock. Asset Management stated it has 13,782 shares. Aperio Group Inc Ltd Liability Co stated it has 49,238 shares. Vanguard holds 0.03% or 22.79M shares in its portfolio. Bessemer has invested 0% in MDU Resources Group, Inc. (NYSE:MDU). 14,957 were reported by Shelton. Hsbc Public Limited Com accumulated 204,149 shares or 0.01% of the stock. Fny Managed Accounts Limited Company owns 136 shares or 0% of their US portfolio. Credit Agricole S A has invested 0% in MDU Resources Group, Inc. (NYSE:MDU). 22,996 are owned by Profund Limited. Fuller Thaler Asset owns 3,300 shares for 0% of their portfolio. Vantage Investment Advsrs Ltd Co reported 0% in MDU Resources Group, Inc. (NYSE:MDU).

The stock of Mdu Resources Group Incorporated (NYSE:MDU) registered a decrease of 1.53% in short interest. MDU’s total short interest was 1.75M shares in February as published by FINRA. Its down 1.53% from 1.78M shares, reported previously. With 755,000 shares average volume, it will take short sellers 2 days to cover their MDU’s short positions. The short interest to Mdu Resources Group Incorporated’s float is 0.91%.

The stock increased 0.61% or $0.165 during the last trading session, reaching $27.385. About 401,987 shares traded. MDU Resources Group, Inc. (NYSE:MDU) has risen 22.88% since February 15, 2017 and is uptrending. It has outperformed by 6.18% the S&P500.

MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. The company has market cap of $5.35 billion. The firm operates through Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services divisions. It has a 23.27 P/E ratio. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming.

MDU Resources Group, Inc. (NYSE:MDU) Ratings Coverage

Among 5 analysts covering MDU Resources (NYSE:MDU), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. MDU Resources had 8 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, February 13 by Argus Research. The rating was upgraded by Argus Research to “Buy” on Tuesday, May 31. KeyBanc Capital Markets maintained it with “Buy” rating and $28.0 target in Wednesday, October 18 report.

More news for MDU Resources Group, Inc. (NYSE:MDU) were recently published by: Prnewswire.com, which released: “Quotidian Technical Highlights on Selected General Building Materials Stocks …” on February 14, 2018. Nasdaq.com‘s article titled: “MDU Resources (MDU) Beats on Q4 Earnings, Issues ’18 View” and published on February 08, 2018 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.