Connor Clark & Lunn Investment Management Ltd. Acquires 283,441 Shares of LG Display Co., Ltd. (NYSE:LPL)

Connor Clark & Lunn Investment Management Ltd. grew its position in shares of LG Display Co., Ltd. (NYSE:LPL - Free Report) by 27.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,301,206 shares of the electronics maker's stock after purchasing an additional 283,441 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.13% of LG Display worth $5,270,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased its position in shares of LG Display by 45.9% in the second quarter. GAMMA Investing LLC now owns 7,508 shares of the electronics maker's stock worth $31,000 after purchasing an additional 2,363 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in LG Display by 20.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 16,411 shares of the electronics maker's stock worth $67,000 after buying an additional 2,819 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of LG Display by 3.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 86,826 shares of the electronics maker's stock worth $351,000 after buying an additional 3,172 shares during the last quarter. Inspire Advisors LLC raised its position in shares of LG Display by 11.6% during the 2nd quarter. Inspire Advisors LLC now owns 36,903 shares of the electronics maker's stock valued at $152,000 after buying an additional 3,825 shares in the last quarter. Finally, QRG Capital Management Inc. bought a new stake in shares of LG Display during the 3rd quarter worth $42,000.

Analysts Set New Price Targets

A number of research firms recently commented on LPL. StockNews.com cut LG Display from a "buy" rating to a "hold" rating in a research note on Monday, October 21st. JPMorgan Chase & Co. lowered LG Display from an "overweight" rating to a "neutral" rating in a research report on Wednesday, October 23rd. Morgan Stanley raised LG Display from an "equal weight" rating to an "overweight" rating in a report on Monday, September 16th. Finally, Citigroup lowered LG Display from a "buy" rating to a "sell" rating in a research note on Thursday, October 24th.

LG Display Price Performance

Shares of NYSE:LPL opened at $3.45 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.65 and a debt-to-equity ratio of 1.03. The stock has a market cap of $3.45 billion, a PE ratio of -1.97 and a beta of 1.38. The company's fifty day moving average is $3.78 and its 200 day moving average is $3.92. LG Display Co., Ltd. has a 52 week low of $3.33 and a 52 week high of $5.66.

About LG Display

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.