Kestrel Investment Management Corp Invests $5.84 Million in MDU Resources Group, Inc. (NYSE:MDU)

Market Beat
2025.04.01 10:00
portai
I'm PortAI, I can summarize articles.

Kestrel Investment Management Corp has invested $5.84 million in MDU Resources Group, acquiring 324,300 shares, which constitutes 3.2% of its portfolio. The investment follows a trend of increased institutional interest in MDU, with several hedge funds also boosting their stakes. MDU Resources Group recently reported earnings of $0.34 per share, exceeding estimates, and announced a quarterly dividend of $0.13. Analysts have mixed ratings on the stock, with an average target price of $21.00.