LG Display Co., Ltd. $LPL Stock Holdings Lessened by Blue Trust Inc.

Blue Trust Inc. reduced its holdings in LG Display Co., Ltd. (NYSE:LPL) by 16.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 56,577 shares of the electronics maker’s stock after selling 10,897 shares during the quarter. Blue Trust Inc.’s holdings in LG Display were worth $193,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. BSW Wealth Partners bought a new stake in LG Display in the 1st quarter valued at about $42,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in LG Display in the 1st quarter valued at about $44,000. Inspire Investing LLC bought a new stake in LG Display in the 1st quarter valued at about $45,000. Crestwood Advisors Group LLC bought a new stake in LG Display in the 1st quarter valued at about $45,000. Finally, Xponance Inc. bought a new stake in LG Display in the 1st quarter valued at about $51,000.

Analyst Upgrades and Downgrades

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

LG Display Stock Performance

Shares of LPL opened at $5.18 on Thursday. The firm’s 50 day moving average is $4.71 and its 200-day moving average is $3.74. The stock has a market capitalization of $5.18 billion, a P/E ratio of -12.32, a P/E/G ratio of 0.28 and a beta of 1.49. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.62 and a quick ratio of 0.37. LG Display Co., Ltd. has a 12-month low of $2.43 and a 12-month high of $5.67.

LG Display (NYSE:LPL) last announced its quarterly earnings data on Thursday, August 14th. The electronics maker reported $0.62 earnings per share (EPS) 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 analyst estimates of $3.85 billion. LG Display had a negative return on equity of 7.60% and a negative net margin of 2.25%. Equities research analysts anticipate 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.