LG Display (NYSE:LPL) Upgraded at StockNews.com

StockNews.com upgraded shares of LG Display (NYSE:LPL) from a hold rating to a buy rating in a report issued on Thursday.

LPL has been the topic of several other research reports. JPMorgan Chase & Co. lowered shares of LG Display from an “overweight” rating to a “neutral” rating in a report on Wednesday, October 23rd. Morgan Stanley raised LG Display from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 16th. Finally, Citigroup downgraded LG Display from a “buy” rating to a “sell” rating in a report on Thursday, October 24th.

LG Display Stock Up 0.9 %

LPL opened at $3.21 on Thursday. LG Display has a 1 year low of $3.10 and a 1 year high of $5.66. The firm has a 50 day moving average price of $3.50 and a 200 day moving average price of $3.85. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.43 and a current ratio of 0.65. The company has a market cap of $3.21 billion, a PE ratio of -1.83 and a beta of 1.33.

Hedge Funds Weigh In On LG Display

A number of institutional investors have recently added to or reduced their stakes in LPL. Drive Wealth Management LLC acquired a new stake in shares of LG Display during the second quarter valued at about $50,000. Natixis Advisors LLC bought a new stake in LG Display in the second quarter valued at about $224,000. Caprock Group LLC acquired a new stake in LG Display during the second quarter valued at approximately $50,000. American Century Companies Inc. lifted its holdings in LG Display by 5.7% during the 2nd quarter. American Century Companies Inc. now owns 1,170,801 shares of the electronics maker’s stock worth $4,824,000 after buying an additional 63,080 shares during the last quarter. Finally, Inspire Advisors LLC increased its holdings in shares of LG Display by 11.6% in the 2nd quarter. Inspire Advisors LLC now owns 36,903 shares of the electronics maker’s stock valued at $152,000 after acquiring an additional 3,825 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.