LG Display Co., Ltd. (NYSE:LPL) Shares Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of LG Display Co., Ltd. (NYSE:LPL) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,371,287 shares of the electronics maker’s stock after acquiring an additional 70,081 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in LG Display were worth $4,210,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Coldstream Capital Management Inc. increased its stake in shares of LG Display by 34.5% during the third quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker’s stock worth $88,000 after acquiring an additional 5,588 shares during the period. Caprock Group LLC grew its position in LG Display by 48.7% during the fourth 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 period. Rhumbline Advisers grew its position in LG Display by 1.9% during the fourth quarter. Rhumbline Advisers now owns 355,197 shares of the electronics maker’s stock worth $1,090,000 after buying an additional 6,484 shares during the period. State Street Corp grew its position in LG Display by 1.2% during the third quarter. State Street Corp now owns 628,299 shares of the electronics maker’s stock worth $2,545,000 after buying an additional 7,412 shares during the period. Finally, Orion Portfolio Solutions LLC grew its position in LG Display by 24.2% during the third quarter. Orion Portfolio Solutions LLC now owns 48,817 shares of the electronics maker’s stock worth $198,000 after buying an additional 9,527 shares during the period.

Wall Street Analyst Weigh In

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

LG Display Trading Up 1.1 %

Shares of LPL opened at $3.20 on Monday. The company has a current ratio of 0.64, a quick ratio of 0.43 and a debt-to-equity ratio of 1.00. The firm’s 50-day moving average is $3.26 and its two-hundred day moving average is $3.49. LG Display Co., Ltd. has a twelve month low of $3.05 and a twelve month high of $4.86. The firm has a market capitalization of $3.20 billion, a P/E ratio of -1.33 and a beta of 1.35.

LG Display (NYSE:LPL) last released its quarterly 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 net margin of 9.42% and a negative return on equity of 29.08%. On average, research analysts predict 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.