OLD Mission Capital LLC Lowers Position in LG Display Co., Ltd. (NYSE:LPL)

OLD Mission Capital LLC decreased its stake in shares of LG Display Co., Ltd. (NYSE:LPL) by 78.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,513 shares of the electronics maker’s stock after selling 98,692 shares during the quarter. OLD Mission Capital LLC’s holdings in LG Display were worth $84,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Public Employees Retirement System of Ohio bought a new position in shares of LG Display during the 3rd quarter valued at about $797,000. Generali Investments CEE investicni spolecnost a.s. bought a new position in LG Display during the fourth quarter valued at approximately $428,000. Blue Trust Inc. grew its holdings in LG Display by 61.6% during the 4th quarter. Blue Trust Inc. now owns 296,355 shares of the electronics maker’s stock valued at $910,000 after buying an additional 112,964 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in LG Display by 5.4% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,371,287 shares of the electronics maker’s stock worth $4,210,000 after acquiring an additional 70,081 shares during the last quarter. Finally, Corient Private Wealth LLC raised its holdings in shares of LG Display by 42.7% during the 4th quarter. Corient Private Wealth LLC now owns 148,385 shares of the electronics maker’s stock worth $456,000 after acquiring an additional 44,429 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of LG Display from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th.

LG Display Trading Down 5.7 %

Shares of NYSE LPL opened at $2.57 on Wednesday. LG Display Co., Ltd. has a 1-year low of $2.53 and a 1-year high of $4.86. 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 business’s 50 day moving average is $3.20 and its two-hundred day moving average is $3.39. The stock has a market capitalization of $2.57 billion, a P/E ratio of -1.06 and a beta of 1.28.

LG Display (NYSE:LPL) 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 expect that LG Display Co., Ltd. will post 0.59 EPS 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.