PDS Planning Inc Buys 3,401 Shares of LG Display Co., Ltd. (NYSE:LPL)

PDS Planning Inc lifted its stake in shares of LG Display Co., Ltd. (NYSE:LPL) by 16.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,782 shares of the electronics maker’s stock after purchasing an additional 3,401 shares during the quarter. PDS Planning Inc’s holdings in LG Display were worth $73,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LPL. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of LG Display by 27.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,301,206 shares of the electronics maker’s stock valued at $5,270,000 after purchasing an additional 283,441 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of LG Display during the 3rd quarter valued at $797,000. Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of LG Display during the 4th quarter valued at $428,000. Blue Trust Inc. raised its stake in shares of LG Display by 61.6% during the 4th quarter. Blue Trust Inc. now owns 296,355 shares of the electronics maker’s stock valued at $910,000 after purchasing an additional 112,964 shares during the period. Finally, Corient Private Wealth LLC raised its stake in shares of LG Display by 42.7% during the 4th quarter. Corient Private Wealth LLC now owns 148,385 shares of the electronics maker’s stock valued at $456,000 after purchasing an additional 44,429 shares during the period.

LG Display Price Performance

LG Display stock opened at $3.25 on Thursday. LG Display Co., Ltd. has a 52 week low of $3.05 and a 52 week high of $4.86. The business has a 50-day simple moving average of $3.26 and a 200 day simple moving average of $3.48. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 1.00. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of -1.35 and a beta of 1.35.

LG Display (NYSE:LPL) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported ($0.60) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.67). LG Display had a negative return on equity of 29.08% and a negative net margin of 9.42%. On average, research analysts forecast that LG Display Co., Ltd. will post 0.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered LG Display from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th.

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.