LG Display (NYSE:LPL) Downgraded to “Hold” at StockNews.com

LG Display (NYSE:LPLGet Free Report) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Wednesday.

LG Display Stock Performance

NYSE LPL opened at $4.11 on Wednesday. LG Display has a fifty-two week low of $3.87 and a fifty-two week high of $6.68. The business has a 50 day moving average price of $4.29 and a two-hundred day moving average price of $4.64. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.50 and a current ratio of 0.68.

Hedge Funds Weigh In On LG Display

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its holdings in LG Display by 307.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 6,756 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 5,098 shares during the period. Ronald Blue Trust Inc. boosted its stake in shares of LG Display by 39.6% during the 3rd quarter. Ronald Blue Trust Inc. now owns 8,632 shares of the electronics maker’s stock valued at $42,000 after buying an additional 2,450 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of LG Display during the 4th quarter valued at approximately $43,000. Xponance Inc. purchased a new position in shares of LG Display during the 3rd quarter valued at approximately $50,000. Finally, CWM LLC boosted its stake in shares of LG Display by 31.2% during the 3rd quarter. CWM LLC now owns 10,822 shares of the electronics maker’s stock valued at $53,000 after buying an additional 2,571 shares during the last quarter.

LG Display Company Profile

(Get Free Report)

LG Display Co, Ltd., together with its subsidiaries, 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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