Corient Private Wealth LLC Cuts Stock Holdings in LG Display Co., Ltd. (NYSE:LPL)

Corient Private Wealth LLC cut its holdings in shares of LG Display Co., Ltd. (NYSE:LPLFree Report) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 147,238 shares of the electronics maker’s stock after selling 7,448 shares during the period. Corient Private Wealth LLC’s holdings in LG Display were worth $710,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Drive Wealth Management LLC purchased a new stake in LG Display during the fourth quarter worth $65,000. Blue Trust Inc. boosted its position in LG Display by 71.5% during the fourth quarter. Blue Trust Inc. now owns 14,800 shares of the electronics maker’s stock valued at $72,000 after purchasing an additional 6,168 shares in the last quarter. Intelligence Driven Advisers LLC grew its stake in LG Display by 43.4% in the fourth quarter. Intelligence Driven Advisers LLC now owns 19,608 shares of the electronics maker’s stock valued at $95,000 after purchasing an additional 5,935 shares during the last quarter. Schechter Investment Advisors LLC bought a new position in LG Display in the fourth quarter worth about $131,000. Finally, QRG Capital Management Inc. purchased a new stake in shares of LG Display during the third quarter valued at about $140,000.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Report on LPL

LG Display Stock Down 4.6 %

LG Display stock opened at $3.52 on Wednesday. LG Display Co., Ltd. has a 1-year low of $3.45 and a 1-year high of $6.68. The business has a fifty day moving average price of $3.92 and a 200-day moving average price of $4.37. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.73 and a quick ratio of 0.49. The stock has a market capitalization of $3.52 billion, a price-to-earnings ratio of -1.45 and a beta of 1.36.

LG Display (NYSE:LPLGet Free Report) last issued its quarterly earnings results on Friday, March 8th. The electronics maker reported $0.06 earnings per share for the quarter. LG Display had a negative return on equity of 24.29% and a negative net margin of 10.46%. The business had revenue of $5.61 billion during the quarter. Equities research analysts forecast that LG Display Co., Ltd. will post -0.99 EPS for the current fiscal year.

LG Display Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for LG Display (NYSE:LPL)

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