Public Employees Retirement System of Ohio Acquires Shares of 196,859 LG Display Co., Ltd. (NYSE:LPL)

Public Employees Retirement System of Ohio bought a new stake in shares of LG Display Co., Ltd. (NYSE:LPL - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 196,859 shares of the electronics maker's stock, valued at approximately $797,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of LG Display by 27.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,301,206 shares of the electronics maker's stock valued at $5,270,000 after buying an additional 283,441 shares during the period. Blue Trust Inc. lifted its holdings in shares of LG Display by 546.6% in the 3rd quarter. Blue Trust Inc. now owns 183,391 shares of the electronics maker's stock worth $756,000 after purchasing an additional 155,030 shares in the last quarter. Cubist Systematic Strategies LLC increased its stake in LG Display by 341.1% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 31,668 shares of the electronics maker's stock valued at $130,000 after purchasing an additional 24,488 shares in the last quarter. Caprock Group LLC acquired a new position in LG Display during the second quarter worth $50,000. Finally, Drive Wealth Management LLC bought a new position in shares of LG Display in the second quarter valued at $50,000.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on LPL. Morgan Stanley upgraded shares of LG Display from an "equal weight" rating to an "overweight" rating in a report on Monday, September 16th. Citigroup cut LG Display from a "buy" rating to a "sell" rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. lowered LG Display from an "overweight" rating to a "neutral" rating in a research report on Wednesday, October 23rd. Finally, StockNews.com raised shares of LG Display from a "hold" rating to a "buy" rating in a report on Thursday.

LG Display Stock Performance

Shares of LG Display stock traded up $0.03 during trading hours on Friday, hitting $3.21. 316,095 shares of the company's stock traded hands, compared to its average volume of 308,567. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of -1.83 and a beta of 1.33. LG Display Co., Ltd. has a 12-month low of $3.10 and a 12-month high of $5.66. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.65 and a quick ratio of 0.43. The company has a fifty day simple moving average of $3.51 and a 200-day simple moving average of $3.85.

LG Display Profile

LG Display Co, Ltd., together with its subsidiaries, engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels. Its TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, mobile devices, and automotive displays.