Blue Trust Inc. Increases Stake in LG Display Co., Ltd. (NYSE:LPL)

Blue Trust Inc. boosted its stake in LG Display Co., Ltd. (NYSE:LPL) by 61.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 296,355 shares of the electronics maker’s stock after acquiring an additional 112,964 shares during the quarter. Blue Trust Inc.’s holdings in LG Display were worth $910,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. QRG Capital Management Inc. bought a new position in LG Display during the 3rd quarter worth approximately $42,000. Wealthstream Advisors Inc. bought a new stake in shares of LG Display in the 3rd quarter worth approximately $64,000. Coldstream Capital Management Inc. boosted its holdings in shares of LG Display by 34.5% during the third quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker’s stock valued at $88,000 after acquiring an additional 5,588 shares during the period. XTX Topco Ltd increased its stake in shares of LG Display by 130.6% in the second quarter. XTX Topco Ltd now owns 28,199 shares of the electronics maker’s stock valued at $116,000 after purchasing an additional 15,968 shares during the period. Finally, Cubist Systematic Strategies LLC raised its stake in shares of LG Display by 341.1% during the second 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.

Wall Street Analyst Weigh In

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

LG Display Stock Down 0.2 %

Shares of NYSE:LPL opened at $3.23 on Thursday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.43 and a current ratio of 0.65. LG Display Co., Ltd. has a 52 week low of $3.05 and a 52 week high of $4.86. The company has a 50 day moving average price of $3.25 and a two-hundred day moving average price of $3.69. The company has a market capitalization of $3.23 billion, a PE ratio of -1.34 and a beta of 1.33.

LG Display (NYSE:LPL) last released its earnings results on Wednesday, January 22nd. The electronics maker reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.67). LG Display had a negative return on equity of 28.01% and a negative net margin of 9.42%. Analysts forecast that LG Display Co., Ltd. will post 0.59 earnings per share for the current year.

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.