Shares of Loews Corporation (NYSE:L) Sees Large Inflow of Net Money Flow

Loews Corporation (NYSE:L) traded with a cut of -0.08 points or -0.2% at $39.71 per share. As per the last available information, the stock aggregated $13.45 million in upticks and $4.7 million in downticks, keeping the net money flow capped at $8.75 million. The up/down ratio was found to be 2.86. For the week, the shares have seen a change of -1.37% in the share price.A block trade of $8.68 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $8.68 million.


Currently the company Insiders own 11.7% of Loews Corporation shares according to the proxy statements. Institutional Investors own 57.11% of Loews Corporation shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Loews Corp, Berman Ann E had sold 203 shares worth of $8,187 in a transaction dated June 1, 2016. In this transaction, 203 shares were sold at $40.33 per share.

Loews Corporation (NYSE:L) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.2% at $39.71 with 1,072,146 shares getting traded. Post opening the session at $39.68, the shares hit an intraday low of $39.65 and an intraday high of $39.98 and the price was in this range throughout the day. The company has a market cap of $13,462 million and the number of outstanding shares have been calculated to be 339,016,270 shares. The 52-week high of Loews Corporation (NYSE:L) is $40.87 and the 52-week low is $33.84.

Loews Corporation is a holding company. The Company, through its subsidiaries, is engaged in commercial property and casualty insurance; operation of offshore oil and gas drilling rigs; transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas, and operation of a chain of hotels. The Companys subsidiaries include CNA Financial Corporation (CNA); Diamond Offshore Drilling, Inc. (Diamond Offshore); Boardwalk Pipeline Partners, LP (Boardwalk Pipeline), and Loews Hotels Holding Corporation (Loews Hotels). CNAs insurance products primarily include commercial property and casualty coverages, including surety. Diamond Offshore is engaged in the business of operating drilling rigs. Boardwalk Pipeline is engaged in natural gas and natural gas liquids transportation and storage and natural gas gathering and processing. The subsidiaries of Loews Hotels Holding Corporation operate a chain of 21 hotels.

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