Wealthstream Advisors Inc. Acquires 10,758 Shares of LG Display Co., Ltd. $LPL

Wealthstream Advisors Inc. raised its holdings in shares of LG Display Co., Ltd. (NYSE:LPL) by 61.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,361 shares of the electronics maker’s stock after acquiring an additional 10,758 shares during the quarter. Wealthstream Advisors Inc.’s holdings in LG Display were worth $97,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. MGO One Seven LLC bought a new stake in LG Display during the second quarter valued at about $40,000. BSW Wealth Partners bought a new position in shares of LG Display during the first quarter worth $42,000. Verdence Capital Advisors LLC bought a new position in shares of LG Display during the second quarter worth $48,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of LG Display during the first quarter worth $44,000. Finally, Inspire Investing LLC bought a new position in shares of LG Display during the first quarter worth $45,000.

Analyst Ratings Changes

Several brokerages have recently issued reports on LPL. UBS Group raised 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 report on Wednesday, October 8th. Four investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

LG Display Trading Up 0.3%

Shares of LPL stock opened at $5.17 on Monday. LG Display Co., Ltd. has a 12-month low of $2.43 and a 12-month 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 stock’s 50-day moving average price is $4.75 and its 200-day moving average price is $3.78. The stock has a market capitalization of $5.17 billion, a price-to-earnings ratio of -12.30, a price-to-earnings-growth ratio of 0.28 and a beta of 1.49.

LG Display (NYSE:LPL) last issued its quarterly earnings data on Thursday, August 14th. The electronics maker reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.07). LG Display had a negative net margin of 2.25% and a negative return on equity of 7.60%. The company had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $3.85 billion. Equities research analysts predict 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.