November 30, 2016 - By whatsonthorold
The director of Mdu Resources Group Inc, Patricia Moss in the last few days cashed-in precisely $114,615 U.S Dollars for 4,050 shares in the Mdu Resources Group Inc firm at an approx. $28.3 for share. Dated 30/11/2016, this unexpected sale by Patricia Moss was disclosed inside a legal document filed together with the (SEC). It is on hand here. She owns 0.04% of the -company’s market cap or 75,418 shares.
Out of 3 analysts covering MDU Resources (NYSE:MDU), 1 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 33% are positive. $26 is the highest target while $15 is the lowest. The $20.33 average target is -27.81% below today’s ($28.16) stock price. MDU Resources has been the topic of 5 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Argus Research upgraded MDU Resources Group Inc (NYSE:MDU) rating on Tuesday, May 31. Argus Research has “Buy” rating and $26 price target.
Insitutional Activity: The institutional sentiment decreased to 1.05 in Q2 2016. Its down 0.55, from 1.6 in 2016Q1. The ratio worsened, as 24 funds sold all MDU Resources Group Inc shares owned while 70 reduced positions. 46 funds bought stakes while 104 increased positions. They now own 121.51 million shares or 1.38% more from 119.86 million shares in 2016Q1.
Rhumbline Advisers last reported 0.02% of its portfolio in the stock. Ubs Asset Management Americas Inc has invested 0.01% of its portfolio in MDU Resources Group Inc (NYSE:MDU). Capstone Asset holds 22,079 shares or 0.02% of its portfolio. Cipher Cap Ltd Partnership owns 150,882 shares or 0.25% of their US portfolio. Smith Salley & Associates last reported 0.56% of its portfolio in the stock. State Street reported 14.89 million shares or 0.04% of all its holdings. Fairfield Bush has 9,764 shares for 0.08% of their US portfolio. Moreover, Gemmer Asset Mgmt Ltd has 0% invested in MDU Resources Group Inc (NYSE:MDU) for 124 shares. Cetera Advsr Limited Liability Com holds 0.02% or 8,757 shares in its portfolio. Moors Cabot Incorporated accumulated 27,721 shares or 0.12% of the stock. Hermes Inv Mngmt Ltd holds 1.36M shares or 0.65% of its portfolio. Shelton Mgmt reported 18,596 shares or 0.04% of all its holdings. Commonwealth Savings Bank Of Aus has invested 0% of its portfolio in MDU Resources Group Inc (NYSE:MDU). Cornerstone Capital Management Ltd has 0.17% invested in the company for 862,247 shares. Dorsey Whitney Tru Com Lc holds 0.27% or 49,930 shares in its portfolio.
Insider Transactions: Since August 11, 2016, the stock had 0 buys, and 10 selling transactions for $7.03 million net activity. EVERIST THOMAS S sold $710,493 worth of stock or 30,000 shares.
About 394,241 shares traded hands. MDU Resources Group Inc (NYSE:MDU) has risen 43.40% since April 27, 2016 and is uptrending. It has outperformed by 38.17% the S&P500.
MDU Resources Group, Inc. is a diversified natural resource company. The company has a market cap of $5.52 billion. The Company’s divisions include Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, Construction Services and Refining. It has a 27.82 P/E ratio. Montana-Dakota Utilities Co. is a public utility division of the Company.
According to Zacks Investment Research, “MDU Resources Group, Inc. provides value-added natural resource products and related services that are essential to energy and transportation infrastructure, including regulated businesses, an exploration and production company and construction companies. MDU Resources includes regulated electric and natural gas utilities and regulated natural gas pipelines and energy services, natural gas and oil production, construction materials and contracting, and construction services.”
Analysts await MDU Resources Group Inc (NYSE:MDU) to report earnings on February, 1. They expect $0.28 EPS, up 12.00% or $0.03 from last year’s $0.25 per share. MDU’s profit will be $54.89M for 25.14 P/E if the $0.28 EPS becomes a reality. After $0.45 actual EPS reported by MDU Resources Group Inc for the previous quarter, Wall Street now forecasts -37.78% negative EPS growth.
More news for MDU Resources Group Inc (NYSE:MDU) were recently published by: Prnewswire.com, which released: “MDU Resources Subsidiary Signs Sale Agreement for its Share of N.D. Natural ..” on November 21, 2016. Prnewswire.com‘s article titled: “MDU Resources Provides Five-Year Capital Plan Forecast” and published on November 22, 2016 is yet another important article.
MDU Resources Group, Inc., incorporated on March 14, 1924, is a diversified natural resource company. The Companyâ€™s divisions include Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, Construction Services and Refining. Montana-Dakota Utilities Co. (Montana-Dakota) is a public utility division of the Company. Montana-Dakota, through the electric and natural gas distribution divisions, generates, transmits and distributes electricity and distributes natural gas in Montana, North Dakota, South Dakota and Wyoming. The Company, through Cascade Natural Gas Corporation (Cascade) distributes natural gas in Oregon and Washington. The Company, through Intermountain Gas Company (Intermountain) distributes natural gas in Idaho. Great Plains Natural Gas Co. (Great Plains) is a public utility division of the Company. Great Plains distributes natural gas in western Minnesota and southeastern North Dakota.
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