Shares of L Brands, Inc. (LB) Sees Large Inflow of Net Money Flow

L Brands, Inc. (LB) traded with a cut of -1.4 points or -2.33% at $58.81 per share. As per the last available information, the stock aggregated $36.11 million in upticks and $27.65 million in downticks, keeping the net money flow capped at $8.46 million. The up/down ratio was found to be 1.31. For the week, the shares has seen a change of -0.34% in the share price.A block trade of $7.78 million in upticks and $0.4 million in downticks also took place during the day. The up/down ratio for the block stood at 19.64. The net money flow for this transaction was $7.38 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

L Brands, Inc. has lost 4.93% in the last five trading days and dropped 10.69% in the last 4 weeks. L Brands, Inc. has dropped 17.83% during the last 3-month period . Year-to-Date the stock performance stands at -10.69%. L Brands, Inc. (NYSE:LB) witnessed a decline in the market cap on Wednesday as its shares dropped 2.34% or 1.41 points. After the session commenced at $60.34, the stock reached the higher end at $60.4 while it hit a low of $58.59. With the volume soaring to 3,334,140 shares, the last trade was called at $58.8. The company has a 52-week high of $97.35. The company has a market cap of $16,814 million and there are 285,955,860 shares in outstanding. The 52-week low of the share price is $58.18.

Company has reported several Insider transactions to the SEC, on Sep 1, 2016, Charles Mcguigan (Chief Operating Officer) sold 23,687 shares at 76.37 per share price.On Aug 25, 2016, Martin P Waters (Pres, L Brands International) sold 45,500 shares at 77.49 per share price.On Jul 12, 2016, Nicholas Coe (CEO-Bath and Body Works) sold 4,951 shares at 67.53 per share price.

L Brands Inc Last issued its quarterly earnings results on Nov 16, 2016. The company reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.40. The company had revenue of $2580.98 million for the quarter, compared to analysts expectations of $2563.82 million. The companys revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.L Brands Inc was Reiterated by Wolfe Research on Jan 6, 2017 to Peer Perform, Lowers Price Target to $ 62 from a previous price target of $67 .L Brands Inc was Upgraded by Piper Jaffray to Neutral on Nov 28, 2016. L Brands Inc was Upgraded by Citigroup to Buy on Nov 14, 2016. L Brands Inc was Downgraded by Jefferies to Underperform on Nov 7, 2016.

L Brands, Inc. operates as a retailer of womens intimate and other apparel, beauty and personal care products and accessories primarily in the United States. Its brand includes Victorias Secret, Victorias Secret Pink, Bath & Body Works, La Senza and Henri Bendel. The company sells its product through franchise, license, wholesale partners, websites, catalogue, and other channels. L Brands Inc., formerly known as Limited Brands Inc., is headquartered in Columbus, Ohio.


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