Mariner LLC Decreases Stake in LG Display Co., Ltd. (NYSE:LPL)

Mariner LLC cut its holdings in shares of LG Display Co., Ltd. (NYSE:LPL) by 14.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,059 shares of the electronics maker’s stock after selling 13,097 shares during the period. Mariner LLC’s holdings in LG Display were worth $246,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of LPL. Savant Capital LLC purchased a new position in shares of LG Display in the 4th quarter worth $38,000. Caprock Group LLC boosted its position in LG Display by 48.7% in the fourth quarter. Caprock Group LLC now owns 17,144 shares of the electronics maker’s stock worth $53,000 after purchasing an additional 5,618 shares during the last quarter. PDS Planning Inc grew its stake in shares of LG Display by 16.7% during the 4th quarter. PDS Planning Inc now owns 23,782 shares of the electronics maker’s stock valued at $73,000 after purchasing an additional 3,401 shares during the period. Natural Investments LLC bought a new position in shares of LG Display in the 4th quarter worth approximately $94,000. Finally, Schechter Investment Advisors LLC boosted its holdings in shares of LG Display by 82.1% in the fourth quarter. Schechter Investment Advisors LLC now owns 36,062 shares of the electronics maker’s stock worth $111,000 after buying an additional 16,254 shares during the last quarter.

LG Display Stock Up 0.8 %

NYSE LPL opened at $3.05 on Tuesday. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 1.00. LG Display Co., Ltd. has a 52 week low of $2.43 and a 52 week high of $4.86. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of -1.26 and a beta of 1.41. The company has a fifty day moving average of $3.01 and a two-hundred day moving average of $3.23.

Analyst Ratings Changes

Several equities analysts recently weighed in on LPL shares. Bank of America assumed coverage on LG Display in a research report on Thursday, April 24th. They set a “neutral” rating on the stock. StockNews.com downgraded LG Display from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, LG Display presently has a consensus rating of “Hold”.

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.