Dividend Alert: Dec 13, 2016 is the day that Loews Corporation (NYSE:L) claims $0.06 dividends could be paid.

Dividend Alert: Dec 13, 2016 is the day that Loews Corporation (NYSE:L) claims $0.06 dividends could be paid.

Loews Corporation (NYSE:L) is expected to pay $0.06 on Dec 13, 2016. The indicated annual dividend is $0.25. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Loews Corporation’s current price of $44.47, the dividend is 0.14%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 8, 2016. The stock decreased 0.65% or $0.29 on November 25, hitting $44.47. About 419,408 shares traded hands. Loews Corporation (NYSE:L) has risen 12.07% since April 25, 2016 and is uptrending. It has outperformed by 6.06% the S&P500.

Loews Corporation is a holding company. The company has a market cap of $14.89 billion. The Company, through its subsidiaries, is engaged in commercial property and casualty insurance; operation of offshore gas and oil 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. It has a 89.44 P/E ratio. The Company’s subsidiaries include CNA Financial Corporation ; Diamond Offshore Drilling, Inc. (Diamond Offshore); Boardwalk Pipeline Partners, LP (Boardwalk Pipeline), and Loews Hotels Holding Corporation (Loews Hotels).

Insitutional Activity: The institutional sentiment decreased to 1.05 in 2016 Q2. Its down 0.06, from 1.11 in 2016Q1. The ratio dived, as 30 funds sold all Loews Corporation shares owned while 127 reduced positions. 39 funds bought stakes while 136 increased positions. They now own 187.71 million shares or 0.86% more from 186.12 million shares in 2016Q1.
First Eagle Investment Lc holds 0% of its portfolio in Loews Corporation (NYSE:L) for 14,000 shares. D E Shaw & accumulated 0.02% or 313,661 shares. Victory Capital Mngmt has 3,419 shares for 0% of their US portfolio. Dai Ichi Life Insurance Communication Ltd last reported 5,915 shares in the company. Enterprise Fincl Service Corp owns 7,737 shares or 0.19% of their US portfolio. Waters Parkerson Ltd Liability Company accumulated 0.05% or 12,400 shares. Moreover, Amp Cap Investors has 0.03% invested in Loews Corporation (NYSE:L) for 115,927 shares. Apg Asset Nv accumulated 0.01% or 145,577 shares. Eagle Management reported 10,700 shares or 0% of all its holdings. Apriem last reported 0.01% of its portfolio in the stock. Teacher Retirement System Of Texas holds 20,625 shares or 0.01% of its portfolio. Qs Limited holds 3,025 shares or 0% of its portfolio. Bridgeway Mngmt accumulated 0.04% or 63,900 shares. Gam Ag last reported 0.02% of its portfolio in the stock. Tokio Marine Asset Co Limited, a Japan-based fund reported 10,299 shares.

Insider Transactions: Since June 1, 2016, the stock had 0 insider buys, and 9 insider sales for $383,354 net activity. The insider HARRIS WALTER L sold $5,409. 72 shares with value of $2,876 were sold by BOWER JOSEPH L on Friday, June 10. LASKAWY PHILIP A sold $5,413 worth of stock or 130 shares. Another trade for 126 shares valued at $5,279 was sold by FRIBOURG PAUL J. Another trade for 130 shares valued at $5,412 was sold by BERMAN ANN E. SCOTT RICHARD WALDO also sold $337,178 worth of Loews Corporation (NYSE:L) shares. DIKER CHARLES M sold $5,413 worth of Loews Corporation (NYSE:L) on Thursday, September 1.

More news for Loews Corporation (NYSE:L) were recently published by: Fool.com, which released: “Loews Corporation Profits Rise as Cash Balances Hit $5 Billion” on November 01, 2016. Nasdaq.com‘s article titled: “Loews Corporation (L) Ex-Dividend Date Scheduled for November 28, 2016” and published on November 25, 2016 is yet another important article.

L Company Profile

Loews Corporation, incorporated on November 12, 1969, is a holding company. The Company, through its subsidiaries, is engaged in commercial property and casualty insurance; operation of offshore gas and oil 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 Company’s 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).

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