Yousif Capital Management LLC Grows Stock Holdings in LG Display Co., Ltd. $LPL

Yousif Capital Management LLC boosted its stake in shares of LG Display Co., Ltd. (NYSE:LPL) by 47.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,340 shares of the electronics maker’s stock after purchasing an additional 5,255 shares during the period. Yousif Capital Management LLC’s holdings in LG Display were worth $56,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LPL. Vident Advisory LLC grew its holdings in shares of LG Display by 46.2% in the first quarter. Vident Advisory LLC now owns 392,350 shares of the electronics maker’s stock worth $1,220,000 after acquiring an additional 123,994 shares during the period. Cerity Partners LLC lifted its holdings in LG Display by 498.6% in the first quarter. Cerity Partners LLC now owns 128,662 shares of the electronics maker’s stock valued at $400,000 after acquiring an additional 107,167 shares during the period. Vanguard Personalized Indexing Management LLC boosted its position in LG Display by 46.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 258,161 shares of the electronics maker’s stock worth $883,000 after purchasing an additional 82,207 shares during the last quarter. Ethic Inc. boosted its position in LG Display by 87.7% in the first quarter. Ethic Inc. now owns 163,998 shares of the electronics maker’s stock worth $505,000 after purchasing an additional 76,633 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of LG Display by 161.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 99,944 shares of the electronics maker’s stock valued at $311,000 after purchasing an additional 61,679 shares during the period.

LG Display Price Performance

NYSE LPL opened at $4.96 on Friday. LG Display Co., Ltd. has a 12 month low of $2.43 and a 12 month high of $5.67. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of -11.80, a PEG ratio of 0.28 and a beta of 1.49. The company’s 50 day moving average is $4.82 and its two-hundred day moving average is $3.84. The company has a current ratio of 0.62, a quick ratio of 0.37 and a debt-to-equity ratio of 1.06.

LG Display (NYSE:LPL) last posted its quarterly earnings results on Thursday, August 14th. The electronics maker reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.07). The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.85 billion. LG Display had a negative return on equity of 7.60% and a negative net margin of 2.25%. As a group, research analysts anticipate that LG Display Co., Ltd. will post 0.59 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LPL. Weiss Ratings reiterated a “sell (d-)” rating on shares of LG Display in a research note on Wednesday, October 8th. UBS Group raised shares of LG Display from a “sell” rating to a “neutral” rating in a report on Tuesday, September 23rd. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

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.