Vanguard Personalized Indexing Management LLC Increases Stake in LG Display Co., Ltd. $LPL

Vanguard Personalized Indexing Management LLC grew its holdings in LG Display Co., Ltd. (NYSE:LPL) by 55.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 400,255 shares of the electronics maker’s stock after acquiring an additional 142,094 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in LG Display were worth $2,089,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Creative Planning purchased a new stake in shares of LG Display in the 2nd quarter worth $39,000. MGO One Seven LLC bought a new stake in LG Display during the second quarter valued at about $40,000. XTX Topco Ltd purchased a new stake in LG Display in the second quarter worth about $46,000. Syverson Strege & Co purchased a new stake in LG Display in the second quarter worth about $47,000. Finally, Resonant Capital Advisors LLC bought a new position in shares of LG Display in the second quarter worth about $47,000.

Analyst Ratings Changes

LPL has been the subject of a number of recent research reports. Wall Street Zen upgraded LG Display from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LG Display in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, LG Display currently has a consensus rating of “Reduce”.

LG Display Trading Down 1.1%

LPL stock opened at $3.99 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.62 and a quick ratio of 0.37. LG Display Co., Ltd. has a 1-year low of $2.43 and a 1-year high of $5.67. The business has a 50 day simple moving average of $4.27 and a two-hundred day simple moving average of $4.45. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 0.56 and a beta of 1.50.

LG Display (NYSE:LPL) last released its earnings results on Wednesday, January 28th. The electronics maker reported ($0.24) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.41). The company had revenue of $5.06 billion during the quarter, compared to analysts’ expectations of $5 billion. LG Display had a return on equity of 3.29% and a net margin of 0.98%. Research analysts anticipate that LG Display Co., Ltd. will post 0.59 EPS for the current fiscal year.

About LG Display

LG Display Co, Ltd., headquartered in Seoul, South Korea, is a global manufacturer of thin-film transistor liquid crystal display (TFT-LCD) and organic light-emitting diode (OLED) panels. The company designs and produces display solutions for a wide range of applications, including televisions, desktop monitors, notebook computers, tablets, smartphones, signage and automotive screens. Its product offerings span large-screen television modules, ultra-high definition monitors, flexible and transparent OLED displays, and specialized industrial panels.

LG Display operates a network of production facilities and research centers across Asia, including major manufacturing sites in Paju and Gumi, South Korea, as well as Wuhan, China.