Leucadia National fka LUK

[Investorman]

The trailing P/E of 99.3 is correct. The price rise and activity is being caused by all the acquisitions which will affect the projected P/E for this year.

Institutional ownership has increased 3% in the last month to 64%. I can't find any analysts following this stock so I don't have any future projections to work with.

The probable reasons for the lack of analysts is that LUK was just added to the S&P 500 a couple of months ago.