L Brands, Inc. (NYSE:LB) enjoyed a 14.11% run-up in share price since hitting record low of $21.44. The stock managed -0.49% fall and now stands at $24.47 as of 6/24/2019. At a recent session, the prices were hovering between $24.26 and $24.95. This company shares are 19.86% off its target price of $29.33 and the current market capitalization stands at $6.58B. The recent change has given its price a 2.2% lead over SMA 50 and -35.61% deficit over its 52-week high. The stock witnessed 0.87% gains, -10.6% declines and -4.79% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found LB’s volatility during a week at 3.46% and during a month it has been found around 3.84%.

What Does L Brands, Inc. (LB) Do?

The company describes itself in regulatory filings as, “L Brands, Inc. engages in the retail business. It is focused on women’s intimate and other apparel, personal care and beauty categories. It operates its business through the following segments: Victorias Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its brands include Victorias Secret, Bath and Body Works, Pink, La Senza, and Henri Bendel. The company was founded by Leslie Herbert Wexner in 1963 and is headquartered in Columbus, OH.” [Text can be found here: https://www.marketwatch.com/investing/stock/LB/profile under company description.]

L Brands, Inc. (LB) Top Holders

Institutional investors currently hold around $4.74 billion or 73.8% in LB stock. Look at its top three institutional owners: Vanguard Group Inc owns $625.58 million in L Brands, Inc., which represents roughly 9.51% of the company’s market cap and approximately 13.19% of the institutional ownership. Similar statistics are true for the second largest owner, Primecap Management Co/Ca/, which owns 19,069,880 shares of the stock are valued at $468.93 million. The third largest holder is Blackrock Inc., which currently holds $466.57 million worth of this stock and that ownership represents nearly 7.09% of its market capitalization.

L Brands, Inc. 13F Filings

At the end of March reporting period, 224 institutional holders increased their position in L Brands, Inc. (NYSE:LB) by some 22,897,352 shares, 240 decreased positions by 29,050,908 and 78 held positions by 140,904,571. That puts total institutional holdings at 192,852,831 shares, according to SEC filings. The stock grabbed 70 new institutional investments totaling 9,462,665 shares while 75 institutional investors sold out their entire positions totaling 6,996,759 shares.

L Brands, Inc. (NYSE:LB) Insider Trades

Multiple company employees have indulged in significant insider trading. L Brands, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director ZIMMERMAN RAYMOND has sold 6,385 shares of L Brands, Inc. (LB) in the trading session dated Nov. 21, 2018. These shares are worth $180,887 and were traded at $28.33 each. The SEC filing shows that Bersani James L. performed a purchase of 5,000 shares. The EVP & President – Real Estate added these shares by way of transaction on Jul. 06, 2018. The company’s shares were assimilated at $36.28 per share worth to an investment of some $181,400 to the account of Bersani James L..

Director, JAMES DONNA, purchased 1,000 common shares of L Brands, Inc. (LB) in the open market. In a transaction dated May. 25, 2018, the shares were bought at an average price of $35.29, giving away a sum of $35,290. After this purchase, 21,738 common shares of LB are directly owned by the insider, with total stake valued at $531,929.

In the transaction dated May. 25, 2018, a great number of shares sold came courtesy the Director; JAMES DONNA disposed a total of 1,000 shares at an average price of $35.29, amounting to approximately $35,290. The insider now directly owns 19,738 shares worth $482,989.

L Brands, Inc. (LB) Analyst Guide

Several analysts have released their opinion on L Brands, Inc. (NYSE:LB), with 4 analysts believing it is a strong buy. Whereas 16 of them predict the stock is a hold. Also, there are 4 buy, 1 sell and 2 strong sell ratings, collectively assigning a 2.74 average brokerage recommendation [T1].