In a series of crucial updates from
Loews Corporation,
director Andrew Tisch sold a total of $27.06 million in stocks. Despite underperforming on certain days, the corporation's stock outperformed competitors on numerous occasions, lending strength to its market position. The company also disclosed its
Q4 2024 dividend, set at $0.0625 per share. Loews Corporation is overwhelmingly dominated by
institutional owners, who own 60% of the shares, which continues to rise surpassing 3.1%. The corporation reported a significant surge in its Q3 net income by 58%, backed by
CNA Financial and Boardwalk Pipelines. The company also saw a leadership change with
CEO James Tisch stepping down after a 25-year stint. Notably, Loews Corporation's
stock hit an all-time high at $83.88. Further, insiders sold their shares in the corporation, and several institutional entities, including Principal Financial Group Inc. and Summit Global Investments, increased or decreased their holdings.
Loews Corporation L News Analytics from Mon, 30 Jul 2018 07:00:00 GMT to Sat, 16 Nov 2024 23:57:50 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
