On December 2, 2024, Charles Diker, a Director at Loews Hotels Holding Corporation, sold 1,146 shares of Loews Corp (L, Financial). Following this transaction, the insider now owns 19,906 shares of the company. The details of this transaction can be found in the SEC Filing.
Loews Corp is a diversified company with operations in insurance, energy, hospitality, and packaging. The company is known for its broad portfolio of businesses, which includes CNA Financial Corporation, Diamond Offshore Drilling, Boardwalk Pipeline Partners, and Loews Hotels.
Over the past year, Charles Diker has sold a total of 4,148 shares and has not made any purchases. The insider transaction history for Loews Corp indicates that there has been 1 insider buy and 38 insider sells over the past year.
On the day of the recent sale, shares of Loews Corp were trading at $86.83, giving the stock a market cap of $18.621 billion. The company's price-earnings ratio is 11.43, which is lower than the industry median of 11.635 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $86.83 and a GF Value of $83.49, Loews Corp has a price-to-GF-Value ratio of 1.04, indicating that the stock is fairly valued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
