Centiva Capital LP purchased a new position in shares of MDU Resources Group Inc (NYSE:MDU) in the fourth quarter, Holdings Channel reports. The fund purchased 19,443 shares of the utilities provider’s stock, valued at approximately $523,000. MDU Resources Group makes up approximately 0.0% of Centiva Capital LP’s portfolio, making the stock its 13th largest position.

Several other institutional investors have also bought and sold shares of MDU. Robeco Institutional Asset Management B.V. acquired a new position in shares of MDU Resources Group during the 4th quarter worth $118,000. Sei Investments Co. raised its holdings in shares of MDU Resources Group by 47.4% during the 3rd quarter. Sei Investments Co. now owns 7,509 shares of the utilities provider’s stock worth $195,000 after buying an additional 2,414 shares in the last quarter. Gs Investments Inc. acquired a new position in shares of MDU Resources Group during the 2nd quarter worth $200,000. Eqis Capital Management Inc. acquired a new position in shares of MDU Resources Group during the 3rd quarter worth $203,000. Finally, Griffin Asset Management Inc. acquired a new position in shares of MDU Resources Group during the 2nd quarter worth $215,000. 62.75% of the stock is owned by institutional investors.

MDU Resources Group Inc (NYSE MDU) opened at $25.55 on Friday. MDU Resources Group Inc has a fifty-two week low of $24.29 and a fifty-two week high of $28.22. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 1.01. The stock has a market capitalization of $5,030.00, a PE ratio of 17.62, a price-to-earnings-growth ratio of 2.40 and a beta of 0.81.

MDU Resources Group (NYSE:MDU) last issued its earnings results on Wednesday, February 7th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. MDU Resources Group had a return on equity of 10.59% and a net margin of 6.33%. The business had revenue of $1.17 billion during the quarter. During the same period in the previous year, the company earned $0.33 EPS. MDU Resources Group’s revenue for the quarter was up 14.7% on a year-over-year basis. equities analysts forecast that MDU Resources Group Inc will post 1.31 earnings per share for the current year.

MDU has been the subject of a number of research analyst reports. Zacks Investment Research cut MDU Resources Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. KeyCorp reaffirmed a “buy” rating and issued a $29.50 target price on shares of MDU Resources Group in a report on Friday, December 15th. Finally, Williams Capital reaffirmed a “buy” rating and issued a $28.00 target price (down previously from $30.00) on shares of MDU Resources Group in a report on Thursday. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. MDU Resources Group has an average rating of “Hold” and a consensus price target of $29.17.

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MDU Resources Group Company 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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