Inspire Investing LLC Has $64,000 Holdings in LG Display Co., Ltd. $LPL

Inspire Investing LLC raised its position in LG Display Co., Ltd. (NYSE:LPL) by 29.5% during the second quarter, Holdings Channel reports. The firm owned 18,690 shares of the electronics maker’s stock after purchasing an additional 4,259 shares during the period. Inspire Investing LLC’s holdings in LG Display were worth $64,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of LPL. PDS Planning Inc increased its position in shares of LG Display by 41.1% during the second quarter. PDS Planning Inc now owns 66,675 shares of the electronics maker’s stock worth $228,000 after buying an additional 19,411 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in LG Display by 113.1% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 30,162 shares of the electronics maker’s stock worth $103,000 after acquiring an additional 16,009 shares during the period. BSW Wealth Partners raised its position in shares of LG Display by 32.1% in the 2nd quarter. BSW Wealth Partners now owns 17,697 shares of the electronics maker’s stock worth $61,000 after acquiring an additional 4,298 shares in the last quarter. Avior Wealth Management LLC acquired a new position in shares of LG Display in the 2nd quarter valued at about $67,000. Finally, GAMMA Investing LLC boosted its position in shares of LG Display by 198.3% during the 2nd quarter. GAMMA Investing LLC now owns 65,635 shares of the electronics maker’s stock valued at $224,000 after purchasing an additional 43,634 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on LPL shares. UBS Group upgraded LG Display from a “sell” rating to a “neutral” rating in a report on Tuesday, September 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LG Display in a research report on Wednesday, October 8th. Four analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

LG Display Stock Up 0.3%

Shares of NYSE LPL opened at $5.17 on Friday. 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 company has a 50-day moving average price of $4.75 and a 200-day moving average price of $3.77. The stock has a market capitalization of $5.17 billion, a P/E ratio of -12.30, a P/E/G ratio of 0.28 and a beta of 1.49. LG Display Co., Ltd. has a 1 year low of $2.43 and a 1 year high of $5.67.

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

LG Display 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.