MGO One Seven LLC Buys Shares of 11,806 LG Display Co., Ltd. $LPL

MGO One Seven LLC bought a new stake in shares of LG Display Co., Ltd. (NYSE:LPL) in the second quarter, Holdings Channel reports. The fund bought 11,806 shares of the electronics maker’s stock, valued at approximately $40,000.

A number of other hedge funds have also made changes to their positions in the company. Vanguard Personalized Indexing Management LLC raised its holdings in shares of LG Display by 46.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 258,161 shares of the electronics maker’s stock valued at $883,000 after acquiring an additional 82,207 shares during the last quarter. Inspire Investing LLC raised its holdings in shares of LG Display by 29.5% during the second quarter. Inspire Investing LLC now owns 18,690 shares of the electronics maker’s stock valued at $64,000 after acquiring an additional 4,259 shares during the last quarter. PDS Planning Inc grew its position in shares of LG Display by 41.1% in the second quarter. PDS Planning Inc now owns 66,675 shares of the electronics maker’s stock valued at $228,000 after purchasing an additional 19,411 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of LG Display by 113.1% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 30,162 shares of the electronics maker’s stock valued at $103,000 after purchasing an additional 16,009 shares in the last quarter. Finally, BSW Wealth Partners grew its position in shares of LG Display by 32.1% in the second quarter. BSW Wealth Partners now owns 17,697 shares of the electronics maker’s stock valued at $61,000 after purchasing an additional 4,298 shares in the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on LPL shares. Weiss Ratings restated a “sell (d-)” rating on shares of LG Display in a research report on Wednesday, October 8th. UBS Group upgraded LG Display from a “sell” rating to a “neutral” rating in a research report on Tuesday, September 23rd. Four equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

LG Display Trading Up 2.2%

Shares of LG Display stock opened at $5.28 on Tuesday. The firm has a market capitalization of $5.28 billion, a price-to-earnings ratio of -12.56, a PEG ratio of 0.28 and a beta of 1.49. LG Display Co., Ltd. has a fifty-two week low of $2.43 and a fifty-two week high of $5.67. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.37 and a current ratio of 0.62. The stock has a 50 day moving average of $4.77 and a 200 day moving average of $3.80.

LG Display (NYSE:LPL) last issued its quarterly earnings data 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 analysts’ expectations 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 predict that LG Display Co., Ltd. will post 0.59 earnings per share for the current 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.