Shares of L Brands (NYSE:LB) Sees Large Inflow of Net Money Flow

L Brands (NYSE:LB) dropped -1.38% or -0.95 points to trade at $67.46 per share. As per the latest trading data available, the net money flow stood at $1.98 million as the shares received $17.45 million in upticks and gave away $15.47 million in downticks. The final up/down ratio was at 1.13. On a weekly basis, the stock has seen a change of -5.02%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 2.07. $5.62 million was the inflow in upticks and $2.72 million was the outflow in downticks. For the block trade, the net money flow was $2.9 million.


Currently the company Insiders own 16.45% of L Brands shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -37.09% . Institutional Investors own 77.46% of L Brands shares. During last six month period, the net percent change held by insiders has seen a change of -13.05%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Coe Nicholas, officer (CEO-Bath and Body Works) of L Brands, Inc., had unloaded 28,444 shares at an average price of $64.59 in a transaction dated on May 25, 2016. The total value of the transaction was worth $1,837,198.

L Brands (NYSE:LB) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.13 points or 1.65% at $67.27 with 2,389,280 shares getting traded. Post opening the session at $68.07, the shares hit an intraday low of $67.27 and an intraday high of $68.71 and the price was in this range throughout the day. The company has a market cap of $19,340 million and the number of outstanding shares have been calculated to be 287,502,400 shares. The 52-week high of L Brands (NYSE:LB) is $101.11 and the 52-week low is $60.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Goldman Sachs maintains its rating on L Brands (NYSE:LB). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Goldman Sachs lowers the price target from $75 per share to $64 per share. The rating by the firm was issued on May 20, 2016.

L Brands, Inc. operates specialty retail business. The Company is a specialty retailer of womens intimate and other apparel, beauty and personal care products and accessories. It operates in three segments: Victorias Secret, which includes Victorias Secret PINK, which is the specialty retailer of womens intimate and other apparel with fashion-inspired collections, prestige fragrances, celebrated supermodels and world-famous runway shows; Bath & Body Works, which is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers, and Victorias Secret and Bath & Body Works International, which includes the Victorias Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. It sells its merchandise through company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through its Websites and other channels.

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