LG Display Co., Ltd. (NYSE:LPL) Shares Purchased by Caprock Group LLC

Caprock Group LLC raised its stake in LG Display Co., Ltd. (NYSE:LPL) by 48.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,144 shares of the electronics maker’s stock after purchasing an additional 5,618 shares during the quarter. Caprock Group LLC’s holdings in LG Display were worth $53,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. QRG Capital Management Inc. purchased a new stake in LG Display during the third quarter worth approximately $42,000. Wealthstream Advisors Inc. acquired a new position in shares of LG Display during the 3rd quarter valued at $64,000. Coldstream Capital Management Inc. boosted its position in LG Display by 34.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker’s stock worth $88,000 after purchasing an additional 5,588 shares during the period. Cubist Systematic Strategies LLC increased its holdings in LG Display by 341.1% in the 2nd 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. Finally, FMR LLC lifted its position in LG Display by 38.9% during the 3rd quarter. FMR LLC now owns 42,861 shares of the electronics maker’s stock worth $174,000 after acquiring an additional 12,008 shares in the last quarter.

Wall Street Analyst Weigh In

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

LG Display Price Performance

Shares of NYSE LPL opened at $3.23 on Friday. LG Display Co., Ltd. has a 1-year low of $3.05 and a 1-year high of $4.86. The firm has a market capitalization of $3.23 billion, a PE ratio of -1.34 and a beta of 1.33. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.65 and a quick ratio of 0.43. The business’s fifty day moving average price is $3.22 and its two-hundred day moving average price is $3.64.

LG Display (NYSE:LPL) last announced 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 28.01%. On average, research analysts expect that LG Display Co., Ltd. will post 0.59 EPS for the current year.

LG Display 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.