Loews Co. (NYSE:L) has seen a lot of action from various institutional investors and advisors. D. E. Shaw & Co. Inc., Ethic Inc., Schonfeld Strategic Advisors LLC, and others have sold their shares in the company. On a positive note, despite the $2.3 billion market value fall, institutional investors are undeterred giving a steady return of 8.7% in a year. Remarkably, institutional owners hold 61% of the company's shares. The company reported its Q1 2025 Financial Results with a net income of $370 million. They also announced a quarterly dividend on common stock that maintained at $0.0625 per share. The company's Q1 earnings show growth in revenue and book value. However, the first quarter profit fell due to higher catastrophe losses. Loews experienced fluctuation in stock holdings across different asset management companies, notably BNP Paribas Financial Markets, Canada Pension Plan Investment Board and Northern Trust Corp among others. Transition in the board of directors was noted with the resignation of a member, and Benjamin Tisch's appointment as CEO. Loews corp director emeritus, Jonathan Tisch made a major stock sale leading to speculation.
Loews Corporation L News Analytics from Fri, 17 Apr 2015 07:00:00 GMT to Sat, 17 May 2025 19:08:31 GMT -
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