Mount Yale Investment Advisors LLC Acquires 18,831 Shares of LG Display Co., Ltd. (NYSE:LPL)

Mount Yale Investment Advisors LLC lifted its holdings in shares of LG Display Co., Ltd. (NYSE:LPL) by 76.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 43,354 shares of the electronics maker’s stock after purchasing an additional 18,831 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in LG Display were worth $433,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC grew its holdings in LG Display by 13.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 38,718 shares of the electronics maker’s stock valued at $386,000 after buying an additional 4,589 shares in the last quarter. JustInvest LLC grew its holdings in LG Display by 3.2% in the 1st quarter. JustInvest LLC now owns 99,136 shares of the electronics maker’s stock valued at $990,000 after buying an additional 3,075 shares in the last quarter. US Bancorp DE grew its holdings in LG Display by 10,539.9% in the 1st quarter. US Bancorp DE now owns 55,221 shares of the electronics maker’s stock valued at $552,000 after buying an additional 54,702 shares in the last quarter. Comerica Bank grew its holdings in LG Display by 3.9% in the 1st quarter. Comerica Bank now owns 40,086 shares of the electronics maker’s stock valued at $486,000 after buying an additional 1,505 shares in the last quarter. Finally, Hennessy Advisors Inc. acquired a new position in LG Display in the 1st quarter valued at $122,000. Institutional investors and hedge funds own 2.97% of the company’s stock.

A number of research analysts have commented on LPL shares. TheStreet raised LG Display from a “d” rating to a “c” rating in a report on Monday, April 26th. Nomura lowered LG Display from a “buy” rating to a “neutral” rating in a report on Wednesday, April 28th. Zacks Investment Research raised LG Display from a “hold” rating to a “strong-buy” rating and set a $13.00 target price on the stock in a report on Saturday, April 24th. Finally, JPMorgan Chase & Co. raised LG Display from a “neutral” rating to an “overweight” rating in a report on Thursday, January 28th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. LG Display currently has a consensus rating of “Buy” and an average target price of $13.00.

NYSE LPL opened at $9.84 on Monday. The business has a fifty day moving average price of $10.80 and a two-hundred day moving average price of $9.27. The stock has a market capitalization of $7.04 billion, a PE ratio of -3.38 and a beta of 1.20. LG Display Co., Ltd. has a fifty-two week low of $4.01 and a fifty-two week high of $12.31. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.97 and a quick ratio of 0.76.

LG Display (NYSE:LPL) last issued its earnings results on Thursday, February 25th. The electronics maker reported $0.71 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.42. The firm had revenue of $6.68 billion for the quarter. LG Display had a negative return on equity of 21.09% and a negative net margin of 10.96%. As a group, sell-side analysts expect that LG Display Co., Ltd. will post -0.56 earnings per share for the current year.

LG Display Company Profile

LG Display Co, Ltd. manufactures and sells thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels in South Korea, China, rest of Asia, Poland, other European countries, and the United States. The company's TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, and mobile devices.

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Institutional Ownership by Quarter for LG Display (NYSE:LPL)

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