United Fire Group, Inc. (NASDAQ:UFCS) Director James Noyce sold 1,727 shares of United Fire Group stock in a transaction on Monday, November 5th. The stock was sold at an average price of $55.00, for a total value of $94,985.00. Following the transaction, the director now directly owns 12,382 shares of the company’s stock, valued at approximately $681,010. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
United Fire Group stock opened at $50.00 on Thursday. The stock has a market cap of $1.39 billion, a P/E ratio of 49.03 and a beta of 0.35. United Fire Group, Inc. has a 52 week low of $38.95 and a 52 week high of $61.56.
United Fire Group (NASDAQ:UFCS) last posted its quarterly earnings data on Wednesday, August 8th. The insurance provider reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.24). The company had revenue of $274.10 million for the quarter. United Fire Group had a return on equity of 3.04% and a net margin of 6.93%.
Institutional investors have recently bought and sold shares of the stock. First Republic Investment Management Inc. purchased a new stake in United Fire Group during the 2nd quarter worth about $221,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in United Fire Group during the 2nd quarter worth about $244,000. WINTON GROUP Ltd purchased a new stake in United Fire Group during the 3rd quarter worth about $236,000. SG Americas Securities LLC increased its position in United Fire Group by 140.0% during the 2nd quarter. SG Americas Securities LLC now owns 8,819 shares of the insurance provider’s stock worth $481,000 after purchasing an additional 5,145 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its position in United Fire Group by 2,831.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 9,235 shares of the insurance provider’s stock worth $469,000 after purchasing an additional 8,920 shares in the last quarter. Hedge funds and other institutional investors own 60.35% of the company’s stock.
About United Fire Group
United Fire Group, Inc, together with its subsidiaries, provides insurance protection for individuals and businesses in the United States. The company operates through two segments, Property and Casualty Insurance, and Life Insurance. The Property and Casualty Insurance segment offers commercial and personal lines of property and casualty insurance, as well as assumed reinsurance products.
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