Is Institutional Ownership in Loews Co. (NYSE:L) on the Rise?

2 min read | February 07, 2025 02:40 AM PST | By Team Kalkine Media

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Is Institutional Ownership in Loews Co. (NYSE:L) on the Rise? — Image source: shutterstock

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Highlights

Mather Group LLC. increased its stake in Loews Co. (NYSE:L) by 7.7% in the fourth quarter.

Other institutional investors, including Brooklyn Investment Group and Eastern Bank, have recently taken positions in the company.

Institutional ownership in Loews stands at approximately 58.33%.

Mather Group LLC. Expands Stake in Loews Co.

Mather Group LLC. increased its holdings in shares of Loews Co. (NYSE:L) during the fourth quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The firm’s stake in the insurance provider grew by 7.7% after acquiring an additional 161 shares, bringing its total ownership to 2,248 shares. By the end of the reporting period, the total value of this position was approximately $190,000.

Institutional Interest Continues to Grow

A number of other institutional investors have also expanded their positions in Loews in recent months. Brooklyn Investment Group entered a new position in the company during the third quarter. Similarly, Eastern Bank and Wilmington Savings Fund Society FSB each acquired new stakes in the company. These investments reflect increased interest in the insurance provider, with Wilmington Savings Fund Society FSB’s stake reaching a valuation of $49,000.

Quest Partners LLC was another firm to take a position in Loews during the third quarter. Blue Trust Inc. also significantly increased its stake in the company, raising its holdings by 240.5%. As a result, Blue Trust Inc. now owns 2,360 shares, valued at approximately $176,000. This increase follows a purchase of 1,667 additional shares.

Institutional Ownership in Loews

Institutional investors and hedge funds currently account for around 58.33% of Loews’ ownership. The growing number of institutional stakeholders indicates continued interest in the company. While some firms are taking new positions, others are expanding their existing holdings.

Institutional activity in the insurance sector has remained steady, and Loews has attracted attention from various firms looking to enhance their presence in the space. With the involvement of multiple institutional investors, Loews maintains a strong position within the insurance sector.

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