LG Display Co., Ltd. (NYSE:LPL) Shares Purchased by Blue Trust Inc.

Blue Trust Inc. boosted its stake in LG Display Co., Ltd. (NYSE:LPL - Free Report) by 61.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 296,355 shares of the electronics maker's stock after purchasing an additional 112,964 shares during the quarter. Blue Trust Inc.'s holdings in LG Display were worth $910,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in LPL. Coldstream Capital Management Inc. raised its stake in shares of LG Display by 34.5% in the third quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker's stock worth $88,000 after purchasing an additional 5,588 shares during the last quarter. State Street Corp raised its position in LG Display by 1.2% in the 3rd quarter. State Street Corp now owns 628,299 shares of the electronics maker's stock valued at $2,545,000 after buying an additional 7,412 shares during the last quarter. Orion Portfolio Solutions LLC lifted its stake in LG Display by 24.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 48,817 shares of the electronics maker's stock valued at $198,000 after acquiring an additional 9,527 shares in the last quarter. QRG Capital Management Inc. purchased a new position in LG Display during the 3rd quarter worth $42,000. Finally, FMR LLC grew its stake in shares of LG Display by 38.9% in the 3rd quarter. FMR LLC now owns 42,861 shares of the electronics maker's stock worth $174,000 after acquiring an additional 12,008 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered LG Display from an "overweight" rating to a "neutral" rating in a research report on Wednesday, October 23rd. Citigroup lowered shares of LG Display from a "buy" rating to a "sell" rating in a report on Thursday, October 24th. Finally, StockNews.com cut LG Display from a "buy" rating to a "hold" rating in a report on Tuesday, January 7th.

LG Display Price Performance

Shares of LPL stock traded up $0.01 on Thursday, hitting $3.24. 68,120 shares of the stock traded hands, compared to its average volume of 204,313. 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 firm has a 50 day simple moving average of $3.25 and a two-hundred day simple moving average of $3.69. The firm has a market cap of $3.24 billion, a price-to-earnings ratio of -1.34 and a beta of 1.33. LG Display Co., Ltd. has a 52 week low of $3.05 and a 52 week high of $4.86.

LG Display (NYSE:LPL - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The electronics maker reported ($0.60) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.67). LG Display had a negative net margin of 9.42% and a negative return on equity of 28.01%. As a group, equities research analysts predict that LG Display Co., Ltd. will post 0.59 earnings per share for the current fiscal year.

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.