Published on 9 Jul 2023 on Simply Wall St. via Yahoo Finance
With 59% institutional ownership, Loews Corporation (NYSE:L) is a favorite amongst the big guns
Key Insights
Given the large stake in the stock by institutions, Loews' stock price might be vulnerable to their trading decisionsA total of 10 investors have a majority stake in the company with 51% ownership Insiders have bought recently
If you want to know who really controls Loews Corporation (NYSE:L), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 59% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).