Hudson Value Partners LLC Boosts Holdings in MDU Resources Group, Inc. (NYSE:MDU)

Hudson Value Partners LLC increased its stake in shares of MDU Resources Group, Inc. (NYSE:MDU - Free Report) by 61.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 343,429 shares of the utilities provider's stock after buying an additional 130,479 shares during the period. MDU Resources Group comprises about 2.2% of Hudson Value Partners LLC's holdings, making the stock its 12th biggest position. Hudson Value Partners LLC owned about 0.17% of MDU Resources Group worth $5,807,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Principal Securities Inc. increased its stake in shares of MDU Resources Group by 164.4% in the fourth quarter. Principal Securities Inc. now owns 1,470 shares of the utilities provider's stock worth $26,000 after purchasing an additional 914 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of MDU Resources Group by 241.9% in the first quarter. GAMMA Investing LLC now owns 1,843 shares of the utilities provider's stock worth $31,000 after purchasing an additional 1,304 shares in the last quarter. Atlas Capital Advisors Inc. increased its stake in shares of MDU Resources Group by 84.4% in the fourth quarter. Atlas Capital Advisors Inc. now owns 2,487 shares of the utilities provider's stock worth $45,000 after purchasing an additional 1,138 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in shares of MDU Resources Group in the fourth quarter worth about $54,000. Finally, Blue Trust Inc. increased its stake in shares of MDU Resources Group by 27.7% in the fourth quarter. Blue Trust Inc. now owns 3,747 shares of the utilities provider's stock worth $68,000 after purchasing an additional 812 shares in the last quarter. Hedge funds and other institutional investors own 71.44% of the company's stock.

MDU Resources Group Price Performance

NYSE MDU traded up $0.26 on Thursday, hitting $16.39. The stock had a trading volume of 2,374,795 shares, compared to its average volume of 2,371,245. The firm has a 50-day moving average of $16.91 and a 200-day moving average of $17.19. The company has a market capitalization of $3.35 billion, a price-to-earnings ratio of 12.71, a price-to-earnings-growth ratio of 2.64 and a beta of 0.72. MDU Resources Group, Inc. has a 52-week low of $13.23 and a 52-week high of $20.39. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.82 and a current ratio of 0.85.

MDU Resources Group (NYSE:MDU - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.04. The firm had revenue of $674.80 million for the quarter, compared to analyst estimates of $653.13 million. MDU Resources Group had a net margin of 7.93% and a return on equity of 9.86%. The business's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.52 EPS. Equities analysts expect that MDU Resources Group, Inc. will post 0.94 EPS for the current year.

MDU Resources Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Thursday, June 12th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.17%. MDU Resources Group's dividend payout ratio is currently 40.31%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of MDU Resources Group from a "sell" rating to a "hold" rating in a research note on Monday, May 12th.

MDU Resources Group Company Profile

MDU Resources Group, Inc engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through four segments: Electric, Natural Gas Distribution, Pipeline, and Construction Services. The Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming; and operates 3,400 miles of transmission lines, 4,800 miles of distribution lines, and 82 transmission and 298 distribution substations.