Mdu Resources Group Inc Sentiment Worsening on Low Stock Potential

May 13, 2018 - By Dolores Ford

MDU Resources Group, Inc. (NYSE:MDU) Logo

Sentiment for Mdu Resources Group Inc (NYSE:MDU)

Mdu Resources Group Inc (NYSE:MDU) institutional sentiment decreased to 1.03 in 2017 Q4. Its down -0.13, from 1.16 in 2017Q3. The ratio fall, as 124 funds increased or started new holdings, while 120 trimmed and sold stakes in Mdu Resources Group Inc. The funds in our partner’s database now own: 120.06 million shares, down from 121.98 million shares in 2017Q3. Also, the number of funds holding Mdu Resources Group Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 28 Reduced: 92 Increased: 87 New Position: 37.

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 $5.54 billion. The firm operates through Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services divisions. It has a 19.81 P/E ratio. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming.

The stock decreased 0.07% or $0.02 during the last trading session, reaching $28.35. About 435,331 shares traded. MDU Resources Group, Inc. (NYSE:MDU) has risen 2.32% since May 13, 2017 and is uptrending. It has underperformed by 9.23% the S&P500.

Montgomery Investment Management Inc holds 2.03% of its portfolio in MDU Resources Group, Inc. for 186,484 shares. Parnassus Investments Ca owns 15.69 million shares or 1.65% of their US portfolio. Moreover, John G Ullman & Associates Inc has 1.49% invested in the company for 277,491 shares. The Illinois-based Old Republic International Corp has invested 1.11% in the stock. Rainier Investment Management Llc, a Washington-based fund reported 95,460 shares.

Since January 1, 0001, it had 1 buying transaction, and 0 selling transactions for $10,205 activity.

More notable recent MDU Resources Group, Inc. (NYSE:MDU) news were published by: Prnewswire.com which released: “MDU Resources Group Acquires Operations of Teevin & Fischer Quarry, LLC” on April 23, 2018, also Prnewswire.com with their article: “MDU Resources Reports First Quarter Earnings Increase, Growth Projects and Acquisition” published on May 02, 2018, Streetinsider.com published: “MDU Resources Group (MDU) Declares $0.1975 Quarterly Dividend; 2.8% Yield” on April 26, 2018. More interesting news about MDU Resources Group, Inc. (NYSE:MDU) were released by: Seekingalpha.com and their article: “MDU Resources Group’s (MDU) CEO Dave Goodin on Q1 2018 Results – Earnings Call Transcript” published on May 06, 2018 as well as Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in Sonic, MDU Resources Group, National Beverage, Spire, EchoStar, and Tabula …” with publication date: April 24, 2018.

MDU Resources Group, Inc. (NYSE:MDU) Institutional Positions Chart

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