United Fire Group, Inc. (UFCS) Hit 52-Week High

May 21, 2018 - By Louis Casey

United Fire Group, Inc. (NASDAQ:UFCS) Logo

Investors sentiment increased to 1.09 in 2017 Q4. Its up 0.22, from 0.87 in 2017Q3. It increased, as 9 investors sold United Fire Group, Inc. shares while 44 reduced holdings. 24 funds opened positions while 34 raised stakes. 14.55 million shares or 1.05% more from 14.40 million shares in 2017Q3 were reported.
Commercial Bank Of Montreal Can owns 0% invested in United Fire Group, Inc. (NASDAQ:UFCS) for 622 shares. Arizona State Retirement System has invested 0.02% in United Fire Group, Inc. (NASDAQ:UFCS). State Of Alaska Department Of Revenue reported 0% of its portfolio in United Fire Group, Inc. (NASDAQ:UFCS). Prudential Fin invested in 0% or 38,467 shares. Panagora Asset Mgmt Incorporated invested in 2,365 shares. Qs Lc stated it has 49,030 shares. Captrust Financial stated it has 247 shares. Hotchkis And Wiley Capital Limited Liability Company invested in 33,874 shares or 0.01% of the stock. Menta Cap Limited Com holds 9,238 shares or 0.08% of its portfolio. Royal Bancorporation Of Canada has invested 0% in United Fire Group, Inc. (NASDAQ:UFCS). Stifel Financial reported 0% stake. Parametric Portfolio Assocs Limited Liability Com has 0% invested in United Fire Group, Inc. (NASDAQ:UFCS). Credit Suisse Ag holds 0% in United Fire Group, Inc. (NASDAQ:UFCS) or 18,868 shares. Citadel Advisors Ltd Liability Corporation invested in 0% or 19,026 shares. Parkside Bank & Trust And Tru has 0% invested in United Fire Group, Inc. (NASDAQ:UFCS) for 118 shares.

Since February 21, 2018, it had 0 insider purchases, and 3 insider sales for $692,566 activity. Quass Mary K. sold $152,843 worth of United Fire Group, Inc. (NASDAQ:UFCS) on Tuesday, May 15. $337,417 worth of stock was sold by ERNST BARRIE W on Friday, March 9.

The stock of United Fire Group, Inc. (NASDAQ:UFCS) hit a new 52-week high and has $58.10 target or 9.00 % above today’s $53.30 share price. The 9 months bullish chart indicates low risk for the $1.33B company. The 1-year high was reported on May, 21 by Barchart.com. If the $58.10 price target is reached, the company will be worth $119.61M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.41% or $0.22 during the last trading session, reaching $53.3. About 9,563 shares traded. United Fire Group, Inc. (NASDAQ:UFCS) has risen 10.76% since May 21, 2017 and is uptrending. It has underperformed by 0.79% the S&P500.

More recent United Fire Group, Inc. (NASDAQ:UFCS) news were published by: Benzinga.com which released: “UFG Insurance introduces ArtisanPro® for artisan contractors” on May 17, 2018. Also Seekingalpha.com published the news titled: “United Fire Group’s (UFCS) CEO Randy Ramlo on Q1 2018 Results – Earnings Call Transcript” on May 09, 2018. Globenewswire.com‘s news article titled: “United Fire Group, Inc. Reports First Quarter 2018 Results” with publication date: May 09, 2018 was also an interesting one.

United Fire Group, Inc., through with its subsidiaries, provides insurance protection for individuals and businesses in the United States. The company has market cap of $1.33 billion. The firm operates through two divisions, Property and Casualty Insurance, and Life Insurance. It has a 26.78 P/E ratio. The Property and Casualty Insurance segment offers commercial and personal lines of property and casualty insurance, as well as assumed reinsurance products.

United Fire Group, Inc. (NASDAQ:UFCS) Institutional Positions Chart

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