XTX Topco Ltd Purchases 15,968 Shares of LG Display Co., Ltd. (NYSE:LPL)

XTX Topco Ltd raised its position in LG Display Co., Ltd. (NYSE:LPL) by 130.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,199 shares of the electronics maker’s stock after acquiring an additional 15,968 shares during the quarter. XTX Topco Ltd’s holdings in LG Display were worth $116,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sivia Capital Partners LLC bought a new position in shares of LG Display in the 4th quarter worth approximately $128,000. CWM LLC increased its holdings in LG Display by 66.4% during the first quarter. CWM LLC now owns 18,073 shares of the electronics maker’s stock valued at $74,000 after buying an additional 7,211 shares during the last quarter. Sunbelt Securities Inc. bought a new position in LG Display in the first quarter worth approximately $32,000. HB Wealth Management LLC purchased a new position in shares of LG Display during the 1st quarter worth $46,000. Finally, Sequoia Financial Advisors LLC grew its position in shares of LG Display by 69.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 88,760 shares of the electronics maker’s stock valued at $364,000 after acquiring an additional 36,483 shares during the period.

LG Display Stock Down 1.0 %

Shares of LPL stock opened at $4.01 on Wednesday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.68 and a quick ratio of 0.47. LG Display Co., Ltd. has a one year low of $3.45 and a one year high of $5.66. The company’s fifty day moving average price is $4.01 and its 200-day moving average price is $4.01. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of -1.64 and a beta of 1.37.

LG Display (NYSE:LPL) last posted its quarterly earnings results on Wednesday, August 14th. The electronics maker reported ($0.74) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.37). LG Display had a negative net margin of 8.18% and a negative return on equity of 21.29%. The business had revenue of $4.89 billion for the quarter. Sell-side analysts expect that LG Display Co., Ltd. will post -0.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on LPL. Morgan Stanley raised LG Display from an “equal weight” rating to an “overweight” rating in a report on Monday, September 16th. JPMorgan Chase & Co. raised LG Display from a “neutral” rating to an “overweight” rating in a research report on Wednesday, July 10th. Finally, StockNews.com upgraded LG Display from a “hold” rating to a “buy” rating in a research note on Friday, September 27th.

LG Display Company Profile

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.