Generali Investments CEE investicni spolecnost a.s. purchased a new stake in LG Display Co., Ltd. (NYSE:LPL - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 139,278 shares of the electronics maker's stock, valued at approximately $428,000.
A number of other large investors have also modified their holdings of LPL. Connor Clark & Lunn Investment Management Ltd. boosted its position in LG Display by 27.8% in the third 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 in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of LG Display in the 3rd quarter valued at $797,000. Blue Trust Inc. boosted its holdings in LG Display by 61.6% during the fourth quarter. Blue Trust Inc. now owns 296,355 shares of the electronics maker's stock worth $910,000 after buying an additional 112,964 shares during the last quarter. Schechter Investment Advisors LLC boosted its stake in LG Display by 82.1% during the 4th quarter. Schechter Investment Advisors LLC now owns 36,062 shares of the electronics maker's stock worth $111,000 after acquiring an additional 16,254 shares during the last quarter. Finally, Wealthstream Advisors Inc. bought a new position in shares of LG Display during the third quarter worth $64,000.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of LG Display from a "buy" rating to a "hold" rating in a report on Tuesday, January 7th.
Get Our Latest Stock Analysis on LG Display
LG Display Stock Up 1.4 %
LG Display stock traded up $0.05 during mid-day trading on Wednesday, reaching $3.26. The company's stock had a trading volume of 214,599 shares, compared to its average volume of 190,581. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of -1.35 and a beta of 1.35. The business's 50 day simple moving average is $3.25 and its 200 day simple moving average is $3.51. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.43 and a current ratio of 0.64. LG Display Co., Ltd. has a 12 month low of $3.05 and a 12 month high of $4.86.
LG Display (NYSE:LPL - Get Free Report) last released 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 29.08%. As a group, research analysts anticipate that LG Display Co., Ltd. will post 0.59 earnings per share for the current year.
About LG Display
(
Free Report)
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.
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