L Loews Corp.
Loews Corp. operates as a holding company, which engages in the oil and gas business. It operates through the following segments: CNA Financial, Diamond Offshore, Boardwalk Pipeline, Loews Hotels and Corporate. The CNA Financial segment offers property, casualty, insurance, and underwriting services. The Diamond Offshore segment manages drilling rigs. The Boardwalk Pipeline segment transports and stores natural gas and natural gas liquids. The Loews Hotels segment operates restaurants and chain of hotels. The Corporate segment includes investment income and interest expenses. The company was founded by Laurence A. Tisch and Preston Robert Tisch in 1954 and is headquartered in New York, NY.
Company profile
Ticker
L
Exchange
Website
CEO
James S. Tisch
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
132646102
Investment data
| Top 50 of 82 long holdings End of quarter 31 Dec 19 |
Value |
#Shares |
Prev Q |
Change %, QoQ |
|---|---|---|---|---|
| $10.87B | 242.65M | 242.65M | 0 | |
| $525.73M | 73.12M | 73.12M | 0 | |
| $33.48M | 3M | 3M | 0 | |
| $21.36M | 475K | 460K | +3.3 | |
| $18.4M | 90K | 126.4K | -28.8 | |
| $17.3M | 287.16K | 395K | -27.3 | |
| $17.14M | 270K | 300K | -10.0 | |
| $16.69M | 260K | 460K | -43.5 | |
| $16.62M | 350K | 305K | +14.8 | |
| $15.83M | 330K | 205K | +61.0 | |
| $15.2M | 96.41K | 103.1K | -6.5 | |
| $13.3M | 140.78K | 216.1K | -34.9 | |
| $12.62M | 9.42K | 10.1K | -6.7 | |
| $12.59M | 90.34K | 118K | -23.4 | |
| $12.5M | 350K | 440K | -20.5 | |
| $11.83M | 80K | 95K | -15.8 | |
| $11.76M | 333.94K | 327.58K | +1.9 | |
| $11.75M | 695K | 725K | -4.1 | |
| $10.89M | 260K | 275K | -5.5 | |
| $10.59M | 500K | 1M | -50.0 | |
| $10.2M | 480K | 250K | +92.0 | |
| $9.58M | 60K | NEW | ||
| $8.13M | 222.18K | 232.06K | -4.3 | |
| $7.64M | 85K | 85K | 0 | |
| $6.85M | 1.14M | 1.14M | 0 | |
| $6.41M | 475K | 700K | -32.1 | |
| $5.79M | 80K | NEW | ||
| $5.05M | 400K | 500K | -20.0 | |
| $4.87M | 52.4K | 52.4K | 0 | |
| $4.49M | 100K | NEW | ||
| $4.25M | 228.35K | 955.85K | -76.1 | |
| $3.85M | 244.47K | 869.47K | -71.9 | |
| $3.72M | 50K | 70K | -28.6 | |
| $3.41M | 430K | 430K | 0 | |
| $3.06M | 3.23M | 3.23M | 0 | |
| $2.95M | 303.78K | NEW | ||
| $2.68M | 33.6K | 38.22K | -12.1 | |
| $2.64M | 150K | 375K | -60.0 | |
| $2.32M | 3.2M | 3.2M | 0 | |
|
SPDR S&P 500 Etf TR
|
$1.93M | 6K | 44K | -86.4 |
| $1.61M | 83.46K | 160.26K | -47.9 | |
| $1.51M | 404.14K | 694.76K | -41.8 | |
| $1.38M | 17.76K | 22.17K | -19.9 | |
| $1.27M | 158.4K | 158.4K | 0 | |
| $782K | 195.03K | NEW | ||
| $623K | 15.13K | 10.16K | +49.0 | |
| $620K | 4.29K | 6.18K | -30.7 | |
| $497K | 33.51K | 45.9K | -27.0 | |
| $494K | 7.4K | 7.4K | 0 | |
| $405K | 10.34K | 14.16K | -27.0 |
Holdings list only includes long positions.
Only includes long positions.
Calendar
12 Feb 20
4 Apr 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | 3.88B | 3.68B | 3.62B | 3.76B | |
| Net income | 217M | 72M | 249M | 394M | |
| Diluted EPS | 0.73 | 0.24 | 0.82 | 1.27 | |
| Net profit margin | 5.60% | 1.96% | 6.87% | 10.49% | |
| Net change in cash | -106M | 2M | 101M | -66M | |
| Cash on hand | 336M | 442M | 440M | 339M | |
| Cost of revenue | 281M | 278M | 263M | 260M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 14.93B | 14.07B | 13.74B | 13.11B | |
| Net income | 932M | 636M | 1.16B | 654M | |
| Diluted EPS | 3.07 | 1.99 | 3.45 | 1.93 | |
| Net profit margin | 6.24% | 4.52% | 8.47% | 4.99% | |
| Operating income* | 1.41B | ||||
| Net change in cash | -69M | -67M | 145M | -113M | |
| Cash on hand | 336M | 405M | 472M | 327M | |
| Cost of revenue | 1.08B | 923M | 299M | 271M |
Financial data from Loews earnings reports. *Asterisk values are approximate.
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 2 Mar 20 | Paul J Fribourg | Common Stock | Option exercise | Aquire M | 37.26 | 1,500 | 55.89K | 1,500 |
| 2 Mar 20 | Philip A Laskawy | Common Stock | Sell | Dispose S | 47.45 | 322 | 15.28K | 1,277 |
| 2 Mar 20 | Philip A Laskawy | Common Stock | Option exercise | Aquire M | 37.26 | 1,500 | 55.89K | 2,777 |
| 2 Mar 20 | Philip A Laskawy | Stock Appreciation Right Common Stock | Option exercise | Dispose M | 37.26 | 1,500 | 55.89K | 0 |
| 2 Mar 20 | Walter L Harris | Common Stock | Sell | Dispose S | 47.46 | 322 | 15.28K | 12,637 |
| 2 Mar 20 | Walter L Harris | Common Stock | Sale back to company | Dispose D | 47.44 | 1,178 | 55.88K | 12,959 |
| 2 Mar 20 | Walter L Harris | Common Stock | Option exercise | Aquire M | 37.26 | 1,500 | 55.89K | 14,137 |
| 2 Mar 20 | Walter L Harris | Stock Appreciation Right Common Stock | Option exercise | Dispose M | 37.26 | 1,500 | 55.89K | 0 |
| 2 Mar 20 | Paul J Fribourg | Common Stock | Sell | Dispose S | 47.47 | 322 | 15.29K | 0 |
| 2 Mar 20 | Paul J Fribourg | Common Stock | Sale back to company | Dispose D | 47.44 | 1,178 | 55.88K | 322 |
Institutional ownership Q4 2019
13F holders |
Current |
|---|---|
| Total holders | 469 |
| Opened positions | 56 |
| Closed positions | 64 |
| Increased positions | 121 |
| Reduced positions | 187 |
13F shares |
Current |
|---|---|
| Total value | 94.06B |
| Total shares | 190.17M |
| Total puts | 126.9K |
| Total calls | 45.1K |
| Total put/call ratio | 2.8 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 28.34M | $1.49B |
| JPM JPMorgan Chase & Co. | 18.22M | $956.5M |
| BLK BlackRock | 17.87M | $937.91M |
| Norges Bank | 13.57M | $712.54M |
| STT State Street | 12.71M | $667.2M |
| N Price T Rowe Associates | 12.16M | $638.21M |
| WFC Wells Fargo & Co. | 5.16M | $270.81M |
| Boston Partners | 4.72M | $247.82M |
| Geode Capital Management | 4.22M | $221.03M |
| IVZ Invesco | 3.83M | $201.01M |
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Bad
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New words:
AAA, abuse, accommodation, acquiredAltium, aforementioned, Altium, appraisal, Asian, automation, aux, banning, BlackRhino, bodily, bring, byAltium, CAA, citizenry, CN, Commissariat, concept, Coral, corrosion, costly, customizedmid, dairy, decade, decided, defrauded, Democratic, demographic, departure, derecognition, discountedat, drawn, drinking, dueAugust, dueMay, ecological, effort, erosion, excludefinance, faster, fossil, Francisco, glyphosate, Grossinvestment, groundwater, heard, hybrid, illion, innovation, Interestexpense, leakage, left, lessee, lessor, lobbying, LTC, macroeconomic, MAOP, Mega, mid, migration, mileage, Netinvestment, normative, Occidental, ofestimated, official, officially, offsetby, ofthe, onJune, paint, persuasive, pharmaceutical, predominant, predominantly, presentedo, presidential, pretaxcharge, protracted, rebranded, reconfirmation, refurbishment, repeal, reportedly, revenuefor, reviver, river, roadway, roll, safer, sample, San, seismicity, shelf, Source, subsidence, sue, suit, Supreme, Switzerland, theCompany, thefourth, thePalo, thepolicy, TheSeptember, toA, tolimited, topaid, Treasuryand, trial, twoof, unamortized, uture, Verde, wereinsignificant, withsome, worker
Removed:
accountant, addressing, Appointment, April, Aventura, Beach, began, begun, beneficial, beneficially, boosting, certification, CeSar, Child, commencing, complementary, composition, compression, concurrently, consecutive, consisted, cooperatively, correlated, David, define, delinquent, depth, devaluation, Don, Edelson, efficient, Egyptian, emanating, emitting, EPA, existed, fewer, Finalization, Fort, Gateway, gathering, Globally, GOM, GreatWhite, hazard, hot, Indonesia, inquiry, Insider, investee, Kinder, leak, leveraged, master, McMurray, Miami, Minnesota, Morgan, nominated, Norway, obsolescence, overhead, owner, petroleum, platform, pose, pound, Ratification, recommend, remained, remeasured, scenario, scrap, securing, shipper, stressed, survive, swingline, title, undisclosed, unsafe, Vice, voluntarily, window, workforce
Financial reports
10-K
2019 FY
Annual report
12 Feb 20
10-Q
2019 Q3
Quarterly report
28 Oct 19
10-Q
2019 Q2
Quarterly report
5 Aug 19
10-Q
2019 Q1
Quarterly report
29 Apr 19
10-K
2018 FY
Annual report
13 Feb 19
10-Q
2018 Q3
Quarterly report
5 Nov 18
10-Q
2018 Q2
Quarterly report
30 Jul 18
10-Q
2018 Q1
Quarterly report
30 Apr 18
10-K
2017 FY
Annual report
15 Feb 18
10-Q
2017 Q3
Quarterly report
30 Oct 17
Current reports
8-K
Results of Operations and Financial Condition
10 Feb 20
8-K
Results of Operations and Financial Condition
28 Oct 19
8-K
Results of Operations and Financial Condition
5 Aug 19
8-K
Submission of Matters to a Vote of Security Holders
15 May 19
8-K
Results of Operations and Financial Condition
29 Apr 19
8-K
Results of Operations and Financial Condition
11 Feb 19
8-K
Departure of Directors or Certain Officers
29 Jan 19
8-K
Results of Operations and Financial Condition
5 Nov 18
8-K
Results of Operations and Financial Condition
30 Jul 18
8-K
LOEWS Reports Exercise of Right to Purchase Common Units OF BOARDWALK PIPELINE PARTNERS
29 Jun 18
Registration and prospectus
S-3ASR
Automatic shelf registration
23 Feb 18
S-8
Registration of securities for employees
11 May 16
424B5
Prospectus supplement for primary offering
21 Mar 16
424B3
Prospectus supplement
17 Mar 16
FWP
Free writing prospectus
17 Mar 16
S-3ASR
Automatic shelf registration
24 Feb 15
424B5
Prospectus supplement for primary offering
3 May 13
424B5
Prospectus supplement for primary offering
2 May 13
FWP
Free writing prospectus
2 May 13
S-8
Registration of securities for employees
1 Aug 12
Proxies
DEFA14A
Additional proxy soliciting materials
1 Apr 20
DEF 14A
Definitive proxy
1 Apr 20
DEFA14A
Additional proxy soliciting materials
3 Apr 19
DEF 14A
Definitive proxy
3 Apr 19
DEF 14A
Definitive proxy
28 Mar 18
DEFA14A
Additional proxy soliciting materials
28 Mar 18
DEF 14A
Definitive proxy
29 Mar 17
DEFA14A
Additional proxy soliciting materials
29 Mar 17
DEF 14A
Definitive proxy
30 Mar 16
DEFA14A
Additional proxy soliciting materials
30 Mar 16
Other
UPLOAD
Letter from SEC
21 Aug 13
CORRESP
Correspondence with SEC
14 Aug 13
UPLOAD
Letter from SEC
1 Aug 13
CORRESP
Correspondence with SEC
24 Jul 13
UPLOAD
Letter from SEC
12 Jul 13
CORRESP
Correspondence with SEC
26 Jun 13
UPLOAD
Letter from SEC
12 Jun 13
UPLOAD
Letter from SEC
20 Jun 12
CORRESP
Correspondence with SEC
18 Jun 12
UPLOAD
Letter from SEC
7 Jun 12
Ownership
SC 13D/A
DIAMOND OFFSHORE DRILLING / LOEWS ownership change
23 Mar 20
4
LOEWS / PHILIP A LASKAWY ownership change
5 Mar 20
4
LOEWS / WALTER L HARRIS ownership change
5 Mar 20
4
LOEWS / PAUL J FRIBOURG ownership change
5 Mar 20
4
LOEWS / CHARLES M DIKER ownership change
5 Mar 20
4
LOEWS / JOSEPH L BOWER ownership change
5 Mar 20
SC 13G/A
Beneficial ownership report (amended)
14 Feb 20
4
LOEWS / KENNETH I SIEGEL ownership change
14 Feb 20
4
LOEWS / JONATHAN M TISCH ownership change
14 Feb 20
4
LOEWS / JAMES S TISCH ownership change
14 Feb 20