Jane Street Group LLC Has $939,000 Stake in LG Display Co., Ltd. (NYSE:LPL)

Jane Street Group LLC trimmed its position in LG Display Co., Ltd. (NYSE:LPL) by 41.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 231,847 shares of the electronics maker’s stock after selling 166,420 shares during the period. Jane Street Group LLC’s holdings in LG Display were worth $939,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of LPL. QRG Capital Management Inc. acquired a new position in LG Display during the third quarter worth $42,000. Caprock Group LLC bought a new stake in LG Display in the 2nd quarter valued at $50,000. MQS Management LLC acquired a new position in LG Display in the 2nd quarter valued at about $61,000. Wealthstream Advisors Inc. bought a new position in shares of LG Display during the third quarter worth approximately $64,000. Finally, EverSource Wealth Advisors LLC boosted its stake in LG Display by 20.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 16,411 shares of the electronics maker’s stock valued at $67,000 after purchasing an additional 2,819 shares during the period.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on LPL shares. Morgan Stanley raised LG Display from an “equal weight” rating to an “overweight” rating in a report on Monday, September 16th. StockNews.com upgraded LG Display from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th. JPMorgan Chase & Co. downgraded LG Display from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 23rd. Finally, Citigroup downgraded shares of LG Display from a “buy” rating to a “sell” rating in a research note on Thursday, October 24th.

LG Display Trading Down 1.3 %

Shares of LPL stock opened at $3.07 on Wednesday. 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 fifty-two week low of $3.06 and a fifty-two week high of $5.66. The company has a market cap of $3.07 billion, a PE ratio of -1.75 and a beta of 1.33. The stock’s fifty day moving average price is $3.42 and its two-hundred day moving average price is $3.84.

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.