Cerity Partners LLC Purchases New Shares in LG Display Co., Ltd. (NYSE:LPL)

Cerity Partners LLC acquired a new stake in LG Display Co., Ltd. (NYSE:LPLGet Rating) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 70,176 shares of the electronics maker’s stock, valued at approximately $392,000.

Several other hedge funds also recently bought and sold shares of LPL. Alera Investment Advisors LLC grew its position in LG Display by 18.7% in the 2nd quarter. Alera Investment Advisors LLC now owns 12,203 shares of the electronics maker’s stock valued at $68,000 after acquiring an additional 1,925 shares during the last quarter. CAPROCK Group Inc. grew its position in LG Display by 19.1% in the 2nd quarter. CAPROCK Group Inc. now owns 17,718 shares of the electronics maker’s stock valued at $99,000 after acquiring an additional 2,838 shares during the last quarter. Bank of Nova Scotia bought a new position in LG Display in the 1st quarter valued at $137,000. Vident Investment Advisory LLC bought a new position in LG Display in the 1st quarter valued at $157,000. Finally, Envestnet Asset Management Inc. grew its position in LG Display by 7.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 29,312 shares of the electronics maker’s stock valued at $164,000 after acquiring an additional 1,905 shares during the last quarter. Institutional investors own 2.39% of the company’s stock.

LG Display Price Performance

LPL opened at $5.56 on Friday. LG Display Co., Ltd. has a 12-month low of $4.08 and a 12-month high of $10.78. The company has a current ratio of 0.79, a quick ratio of 0.49 and a debt-to-equity ratio of 0.71. The business’s fifty day simple moving average is $4.91 and its 200-day simple moving average is $5.72. The company has a market capitalization of $3.98 billion, a price-to-earnings ratio of -5.20 and a beta of 1.39.

Analyst Ratings Changes

LPL has been the topic of several research analyst reports. TheStreet downgraded LG Display from a “c-” rating to a “d+” rating in a research report on Wednesday, September 7th. StockNews.com assumed coverage on LG Display in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Morgan Stanley raised LG Display from an “underweight” rating to an “overweight” rating in a research report on Tuesday, October 4th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, LG Display currently has an average rating of “Hold”.

LG Display Company Profile

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LG Display Co, Ltd. engages in the design, 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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Institutional Ownership by Quarter for LG Display (NYSE:LPL)

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