Pinnacle Wealth Planning Services Inc. Makes New $56,000 Investment in LG Display Co., Ltd. $LPL

Pinnacle Wealth Planning Services Inc. bought a new position in LG Display Co., Ltd. (NYSE:LPL) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 16,518 shares of the electronics maker’s stock, valued at approximately $56,000.

Several other institutional investors have also made changes to their positions in the company. Vident Advisory LLC lifted its position in shares of LG Display by 46.2% in the 1st quarter. Vident Advisory LLC now owns 392,350 shares of the electronics maker’s stock valued at $1,220,000 after acquiring an additional 123,994 shares in the last quarter. Cerity Partners LLC grew its position in LG Display by 498.6% during the 1st quarter. Cerity Partners LLC now owns 128,662 shares of the electronics maker’s stock worth $400,000 after purchasing an additional 107,167 shares in the last quarter. Ethic Inc. raised its stake in LG Display by 58.3% during the 2nd quarter. Ethic Inc. now owns 259,673 shares of the electronics maker’s stock valued at $904,000 after purchasing an additional 95,675 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of 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 valued at $883,000 after purchasing an additional 82,207 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of LG Display by 198.3% in the second quarter. GAMMA Investing LLC now owns 65,635 shares of the electronics maker’s stock worth $224,000 after buying an additional 43,634 shares during the period.

Analysts Set New Price Targets

Several research analysts recently weighed in on LPL shares. UBS Group raised LG Display from a “sell” rating to a “neutral” rating in a research report on Tuesday, September 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of LG Display in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

LG Display Trading Down 2.2%

NYSE LPL opened at $4.18 on Friday. The company has a market capitalization of $4.18 billion, a PE ratio of -9.94, a price-to-earnings-growth ratio of 0.26 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. The company has a current ratio of 0.62, a quick ratio of 0.37 and a debt-to-equity ratio of 1.06. The firm’s fifty day simple moving average is $4.94 and its 200-day simple moving average is $4.10.

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.