Natural Investments LLC bought a new position in shares of LG Display Co., Ltd. (NYSE:LPL – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 30,870 shares of the electronics maker’s stock, valued at approximately $94,000.
Other institutional investors also recently modified their holdings of the company. QRG Capital Management Inc. bought a new position in LG Display during the 3rd quarter worth approximately $42,000. Savant Capital LLC acquired a new stake in LG Display in the fourth quarter worth $38,000. Wealthstream Advisors Inc. bought a new position in shares of LG Display during the third quarter worth $64,000. Caprock Group LLC grew its holdings in shares of LG Display by 48.7% in the 4th quarter. Caprock Group LLC now owns 17,144 shares of the electronics maker’s stock valued at $53,000 after buying an additional 5,618 shares during the period. Finally, Coldstream Capital Management Inc. increased its position in shares of LG Display by 34.5% in the 3rd quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker’s stock valued at $88,000 after buying an additional 5,588 shares in the last quarter.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered LG Display from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th.
LG Display Price Performance
NYSE LPL opened at $3.26 on Thursday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.43 and a current ratio of 0.64. 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 $3.51. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of -1.35 and a beta of 1.35.
LG Display (NYSE:LPL – Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates 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%. Analysts anticipate that LG Display Co., Ltd. will post 0.59 earnings per share for the current fiscal 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.
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