Generali Investments CEE investicni spolecnost a.s. Takes Position in LG Display Co., Ltd. (NYSE:LPL)

Generali Investments CEE investicni spolecnost a.s. bought a new position in LG Display Co., Ltd. (NYSE:LPL) in the 4th quarter, Holdings Channel.com reports. The firm bought 139,278 shares of the electronics maker’s stock, valued at approximately $428,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Savant Capital LLC bought a new stake in LG Display during the fourth quarter worth about $38,000. QRG Capital Management Inc. purchased a new position in shares of LG Display during the 3rd quarter valued at about $42,000. Caprock Group LLC lifted its position in LG Display by 48.7% in the 4th quarter. Caprock Group LLC now owns 17,144 shares of the electronics maker’s stock worth $53,000 after buying an additional 5,618 shares during the last quarter. Wealthstream Advisors Inc. purchased a new stake in LG Display in the third quarter worth approximately $64,000. Finally, Coldstream Capital Management Inc. grew its position in LG Display by 34.5% during the third quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker’s stock valued at $88,000 after acquiring an additional 5,588 shares during the last quarter.

LG Display Price Performance

Shares of NYSE:LPL opened at $3.22 on Friday. The stock has a market capitalization of $3.22 billion, a P/E ratio of -1.34 and a beta of 1.35. The stock’s 50-day moving average price is $3.25 and its 200-day moving average price is $3.53. The company has a current ratio of 0.64, a quick ratio of 0.43 and a debt-to-equity ratio of 1.00. LG Display Co., Ltd. has a 12-month low of $3.05 and a 12-month high of $4.86.

LG Display (NYSE:LPL) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported ($0.60) earnings per share (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, equities analysts anticipate that LG Display Co., Ltd. will post 0.59 earnings per share for the current year.

Analysts Set New Price Targets

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