The
Loews Corporation has been in news due to the showcasing of a strong performance and positive growth. The company has witnessed significant transitions in its holdings by various institutional shareholders. For instance,
State Street Corp and
Invesco Ltd sold a large number of shares, while
Natixis,
SG Americas Securities and
Norges Bank increased their stake in the company. The stock hit its all-time high over the past financial period at $108.41. Financial analysts like
Jim Cramer view this as a good opportunity. However, certain insider trading moves are present, with directors and high-ranked employees such as
Andrew Tisch,
Paul Fribourg and
Walter Harris selling their shares. Despite noted changes in the board with the retirement of Senior Vice President and Chief Investment Officer and elected of
Dino Robusto to the Director's board, the firm has shown strong resilience, reflected in a splendid 166% investor return in the last five years. The company’s contribution from
CNA Financial and
Boardwalk Pipelines returned a significant Q3 net income. Yet,
Loews Corporation's future is speculated to be limited by CNA's challenges.
Loews Corporation L News Analytics from Tue, 21 Mar 2023 07:00:00 GMT to Sat, 13 Dec 2025 15:54:27 GMT -
Rating 6
- Innovation 3
- Information 5
- Rumor -5
