Cerity Partners LLC Sells 27,030 Shares of LG Display Co., Ltd. (NYSE:LPL)

Cerity Partners LLC trimmed its holdings in LG Display Co., Ltd. (NYSE:LPL) by 30.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,676 shares of the electronics maker’s stock after selling 27,030 shares during the period. Cerity Partners LLC’s holdings in LG Display were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in LPL. CWM LLC lifted its position in shares of LG Display by 31.2% during the third quarter. CWM LLC now owns 10,822 shares of the electronics maker’s stock valued at $53,000 after purchasing an additional 2,571 shares in the last quarter. Xponance Inc. bought a new position in shares of LG Display during the third quarter valued at about $50,000. Advisor Partners II LLC lifted its position in shares of LG Display by 27.7% during the third quarter. Advisor Partners II LLC now owns 33,930 shares of the electronics maker’s stock valued at $166,000 after purchasing an additional 7,363 shares in the last quarter. Ieq Capital LLC bought a new position in shares of LG Display during the third quarter valued at about $61,000. Finally, Intelligence Driven Advisers LLC bought a new position in shares of LG Display during the third quarter valued at about $64,000.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of LG Display from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd.

LG Display Price Performance

LPL opened at $3.95 on Friday. The company has a market capitalization of $3.95 billion, a price-to-earnings ratio of -1.34 and a beta of 1.43. The company has a quick ratio of 0.50, a current ratio of 0.68 and a debt-to-equity ratio of 1.30. The firm has a 50-day moving average price of $4.09 and a 200-day moving average price of $4.54. LG Display Co., Ltd. has a twelve month low of $3.67 and a twelve month high of $6.68.

LG Display (NYSE:LPL) last posted its earnings results on Friday, March 8th. The electronics maker reported $0.06 earnings per share for the quarter. The firm had revenue of $5.61 billion during the quarter. LG Display had a negative net margin of 12.93% and a negative return on equity of 27.97%. Equities analysts expect that LG Display Co., Ltd. will post -0.9 EPS for the current year.

About LG Display

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.