12,255 Shares in LG Display Co., Ltd. (NYSE:LPL) Purchased by Caprock Group LLC

Caprock Group LLC acquired a new position in shares of LG Display Co., Ltd. (NYSE:LPL) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 12,255 shares of the electronics maker’s stock, valued at approximately $50,000.

Other large investors have also added to or reduced their stakes in the company. Natixis Advisors LLC bought a new position in LG Display during the second quarter worth about $224,000. BNP Paribas Financial Markets boosted its position in LG Display by 101.2% during the first quarter. BNP Paribas Financial Markets now owns 79,582 shares of the electronics maker’s stock worth $326,000 after purchasing an additional 40,035 shares during the period. Sequoia Financial Advisors LLC boosted its position in LG Display by 69.8% during the first quarter. Sequoia Financial Advisors LLC now owns 88,760 shares of the electronics maker’s stock worth $364,000 after purchasing an additional 36,483 shares during the period. Sivia Capital Partners LLC bought a new position in LG Display during the fourth quarter worth about $128,000. Finally, Blue Trust Inc. boosted its position in LG Display by 268.3% during the second quarter. Blue Trust Inc. now owns 28,361 shares of the electronics maker’s stock worth $116,000 after purchasing an additional 20,660 shares during the period.

Analyst Ratings Changes

A number of brokerages have weighed in on LPL. StockNews.com lowered shares of LG Display from a “buy” rating to a “hold” rating in a research report on Friday, August 23rd. JPMorgan Chase & Co. upgraded shares of LG Display from a “neutral” rating to an “overweight” rating in a research report on Wednesday, July 10th.

LG Display Price Performance

LPL stock opened at $3.88 on Friday. The firm has a 50 day moving average of $4.14 and a 200-day moving average of $4.02. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12. LG Display Co., Ltd. has a 12 month low of $3.45 and a 12 month high of $5.66. The firm has a market capitalization of $3.88 billion, a P/E ratio of -1.60 and a beta of 1.37.

LG Display (NYSE:LPL) last released its quarterly earnings data on Wednesday, August 14th. The electronics maker reported ($0.74) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.37). LG Display had a negative net margin of 8.18% and a negative return on equity of 21.29%. The firm had revenue of $4.89 billion during the quarter. As a group, sell-side analysts predict that LG Display Co., Ltd. will post -0.74 earnings per share for the current fiscal year.

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.