Sivia Capital Partners LLC Acquires 8,732 Shares of LG Display Co., Ltd. (NYSE:LPL)

Sivia Capital Partners LLC grew its position in shares of LG Display Co., Ltd. (NYSE:LPL) by 33.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,186 shares of the electronics maker’s stock after buying an additional 8,732 shares during the quarter. Sivia Capital Partners LLC’s holdings in LG Display were worth $144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of LPL. CWM LLC increased its stake in LG Display by 66.4% in the 1st quarter. CWM LLC now owns 18,073 shares of the electronics maker’s stock worth $74,000 after buying an additional 7,211 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in LG Display in the first quarter worth about $32,000. Rhumbline Advisers lifted its stake in LG Display by 2.4% in the third quarter. Rhumbline Advisers now owns 462,558 shares of the electronics maker’s stock worth $2,257,000 after purchasing an additional 11,005 shares during the last quarter. Schechter Investment Advisors LLC bought a new stake in LG Display in the fourth quarter worth about $131,000. Finally, Blue Trust Inc. lifted its stake in LG Display by 71.5% in the fourth quarter. Blue Trust Inc. now owns 14,800 shares of the electronics maker’s stock worth $72,000 after purchasing an additional 6,168 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of LG Display from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd.

LG Display Stock Performance

LG Display stock traded up $0.08 during midday trading on Wednesday, hitting $4.41. 87,872 shares of the company’s stock were exchanged, compared to its average volume of 420,920. LG Display Co., Ltd. has a 12-month low of $3.45 and a 12-month high of $6.08. The stock has a market cap of $4.41 billion, a price-to-earnings ratio of -1.78 and a beta of 1.37. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.49 and a current ratio of 0.73. The firm’s 50 day simple moving average is $3.84 and its 200 day simple moving average is $4.21.

LG Display (NYSE:LPL) last released its earnings results on Thursday, May 16th. The electronics maker reported ($0.81) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.24). LG Display had a negative net margin of 10.46% and a negative return on equity of 24.29%. The company had revenue of $4.20 billion during the quarter. Equities research analysts predict that LG Display Co., Ltd. will post -0.99 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.