LG Display Co., Ltd. (NYSE:LPL) Short Interest Down 81.8% in April

LG Display Co., Ltd. (NYSE:LPL - Get Free Report) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 134,200 shares, a decrease of 81.8% from the March 31st total of 738,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 235,600 shares, the short-interest ratio is currently 0.6 days.

Wall Street Analysts Forecast Growth

A number of analysts have commented on LPL shares. StockNews.com lowered shares of LG Display from a "buy" rating to a "hold" rating in a research note on Tuesday, January 7th. Bank of America began coverage on shares of LG Display in a report on Thursday. They issued a "neutral" rating on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, LG Display presently has a consensus rating of "Hold".

LG Display Stock Down 0.5 %

Shares of NYSE LPL traded down $0.02 during trading on Friday, hitting $2.91. The stock had a trading volume of 191,684 shares, compared to its average volume of 248,792. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.64 and a quick ratio of 0.43. The firm has a fifty day moving average of $3.07 and a two-hundred day moving average of $3.28. LG Display has a 12 month low of $2.43 and a 12 month high of $4.86. The company has a market capitalization of $2.91 billion, a PE ratio of -1.21 and a beta of 1.28.

LG Display (NYSE:LPL - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported ($0.60) EPS 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, equities research analysts forecast that LG Display will post 0.59 EPS for the current fiscal year.

Institutional Trading of LG Display

Hedge funds have recently bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of LG Display by 5.4% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,371,287 shares of the electronics maker's stock valued at $4,210,000 after purchasing an additional 70,081 shares during the last quarter. American Century Companies Inc. grew its position in shares of LG Display by 3.2% during the 4th quarter. American Century Companies Inc. now owns 1,315,187 shares of the electronics maker's stock valued at $4,038,000 after acquiring an additional 40,375 shares during the period. State Street Corp increased its stake in shares of LG Display by 1.2% during the 3rd quarter. State Street Corp now owns 628,299 shares of the electronics maker's stock worth $2,545,000 after purchasing an additional 7,412 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of LG Display by 2.3% in the 1st quarter. Rhumbline Advisers now owns 363,341 shares of the electronics maker's stock worth $1,130,000 after purchasing an additional 8,144 shares during the period. Finally, Blue Trust Inc. lifted its stake in LG Display by 61.6% in the fourth quarter. Blue Trust Inc. now owns 296,355 shares of the electronics maker's stock valued at $910,000 after purchasing an additional 112,964 shares during the last quarter.

LG Display Company 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.

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