BSW Wealth Partners Has $61,000 Holdings in LG Display Co., Ltd. $LPL

BSW Wealth Partners boosted its stake in LG Display Co., Ltd. (NYSE:LPL) by 32.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 17,697 shares of the electronics maker’s stock after buying an additional 4,298 shares during the period. BSW Wealth Partners’ holdings in LG Display were worth $61,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of LPL. Millennium Management LLC lifted its holdings in shares of LG Display by 21.2% during the fourth quarter. Millennium Management LLC now owns 20,900 shares of the electronics maker’s stock valued at $64,000 after acquiring an additional 3,661 shares during the period. Rhumbline Advisers increased its position in shares of LG Display by 2.3% during the 1st quarter. Rhumbline Advisers now owns 363,341 shares of the electronics maker’s stock worth $1,130,000 after purchasing an additional 8,144 shares in the last quarter. Two Sigma Advisers LP bought a new position in LG Display during the 4th quarter valued at about $32,000. Blue Trust Inc. lifted its holdings in LG Display by 22.9% during the 1st quarter. Blue Trust Inc. now owns 67,474 shares of the electronics maker’s stock valued at $210,000 after purchasing an additional 12,573 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in LG Display in the first quarter valued at about $44,000.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Morgan Stanley raised shares of LG Display from an “underweight” rating to an “equal weight” rating in a report on Wednesday, June 11th. UBS Group raised LG Display from a “sell” rating to a “neutral” rating in a report on Tuesday, September 23rd. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

LG Display Stock Performance

LPL stock opened at $5.37 on Friday. The company has a 50 day moving average price of $4.44 and a 200 day moving average price of $3.61. LG Display Co., Ltd. has a fifty-two week low of $2.43 and a fifty-two week high of $5.39. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.62 and a quick ratio of 0.37. The stock has a market capitalization of $5.37 billion, a PE ratio of -12.79, a price-to-earnings-growth ratio of 0.31 and a beta of 1.49.

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

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.