GHP Investment Advisors Inc. increased its stake in shares of MDU Resources Group, Inc. (NYSE:MDU) by 18.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,647 shares of the utilities provider’s stock after acquiring an additional 4,048 shares during the quarter. GHP Investment Advisors Inc.’s holdings in MDU Resources Group were worth $666,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. AT Bancorp bought a new position in MDU Resources Group during the 2nd quarter worth approximately $131,000. Global X Management Co. LLC grew its position in MDU Resources Group by 220.3% during the 2nd quarter. Global X Management Co. LLC now owns 6,198 shares of the utilities provider’s stock worth $162,000 after acquiring an additional 4,263 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in MDU Resources Group by 8.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,671 shares of the utilities provider’s stock worth $175,000 after acquiring an additional 537 shares during the last quarter. Mosaic Family Wealth LLC grew its position in MDU Resources Group by 5.7% during the 2nd quarter. Mosaic Family Wealth LLC now owns 6,972 shares of the utilities provider’s stock worth $183,000 after acquiring an additional 374 shares during the last quarter. Finally, Ffcm LLC grew its position in MDU Resources Group by 5.7% during the 2nd quarter. Ffcm LLC now owns 7,360 shares of the utilities provider’s stock worth $193,000 after acquiring an additional 396 shares during the last quarter. Institutional investors and hedge funds own 63.32% of the company’s stock.

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Several equities analysts recently issued reports on MDU shares. Zacks Investment Research lowered MDU Resources Group from a “hold” rating to a “strong sell” rating in a research report on Friday, July 28th. BidaskClub upgraded MDU Resources Group from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, KeyCorp restated a “buy” rating and set a $28.00 price target on shares of MDU Resources Group in a research report on Friday, September 1st. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $30.75.

Shares of MDU Resources Group, Inc. (MDU) traded down $0.01 during mid-day trading on Friday, hitting $26.53. The stock had a trading volume of 33,531 shares, compared to its average volume of 851,280. The company has a market cap of $5,234.16, a price-to-earnings ratio of 22.52, a P/E/G ratio of 2.79 and a beta of 0.92. MDU Resources Group, Inc. has a 12-month low of $25.14 and a 12-month high of $29.92. The company has a current ratio of 1.28, a quick ratio of 1.10 and a debt-to-equity ratio of 0.68.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $0.46 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.03). The business had revenue of $1.27 billion during the quarter. MDU Resources Group had a return on equity of 10.20% and a net margin of 5.39%. During the same quarter in the prior year, the company posted $0.45 EPS. research analysts forecast that MDU Resources Group, Inc. will post 1.2 EPS for the current fiscal year.

MDU Resources Group Profile

MDU Resources Group, Inc is engaged in regulated energy delivery and construction materials and services business. The Company’s businesses segments are electric, natural gas distribution, pipeline and midstream, construction materials and contracting, and construction services. The electric segment generates, transmits and distributes electricity.

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Institutional Ownership by Quarter for MDU Resources Group (NYSE:MDU)

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