LG Display Co., Ltd. (NYSE:LPL) Shares Sold by Sivia Capital Partners LLC

Sivia Capital Partners LLC lessened its stake in shares of LG Display Co., Ltd. (NYSE:LPL) by 28.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,281 shares of the electronics maker’s stock after selling 8,101 shares during the period. Sivia Capital Partners LLC’s holdings in LG Display were worth $82,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC grew its stake in LG Display by 45.9% during the 2nd quarter. GAMMA Investing LLC now owns 7,508 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 2,363 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in LG Display during the 1st quarter valued at about $32,000. HB Wealth Management LLC purchased a new stake in LG Display during the 1st quarter valued at about $46,000. Drive Wealth Management LLC purchased a new stake in LG Display during the 2nd quarter valued at about $50,000. Finally, Caprock Group LLC purchased a new stake in LG Display during the 2nd quarter valued at about $50,000.

LG Display Stock Performance

LG Display stock opened at $3.90 on Tuesday. The firm has a 50 day simple moving average of $3.96 and a 200-day simple moving average of $4.00. LG Display Co., Ltd. has a 1-year low of $3.45 and a 1-year high of $5.66. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.68 and a quick ratio of 0.47. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of -1.60 and a beta of 1.37.

LG Display (NYSE:LPL) last issued its quarterly earnings data on Wednesday, August 14th. The electronics maker reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.37). LG Display had a negative return on equity of 21.29% and a negative net margin of 8.18%. The company had revenue of $4.89 billion during the quarter. On average, analysts expect that LG Display Co., Ltd. will post -0.5 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on LPL shares. JPMorgan Chase & Co. raised shares of LG Display from a “neutral” rating to an “overweight” rating in a research note on Wednesday, July 10th. Morgan Stanley raised shares of LG Display from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 16th. Finally, StockNews.com raised shares of LG Display from a “hold” rating to a “buy” rating in a research note on Sunday.

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.