Bank of New York Mellon Buys $9.69M of United Fire Group Shares
Bank of New York Mellon purchased 184,759 shares of United Fire Group, worth about $9,689,000. Other institutional holders also adjusted UFCS positions, including Quantinno Capital and Dimensional Fund Advisors. United Fire Group last reported $1.30 EPS for the quarter, above the $0.69 consensus, and said a buyback authorization permits open-market share repurchases.