Syverson Strege & Co Purchases Shares of 13,719 LG Display Co., Ltd. $LPL

Syverson Strege & Co acquired a new stake in LG Display Co., Ltd. (NYSE:LPL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 13,719 shares of the electronics maker’s stock, valued at approximately $47,000.

Other large investors also recently modified their holdings of the company. MGO One Seven LLC bought a new stake in shares of LG Display in the 2nd quarter valued at approximately $40,000. Resonant Capital Advisors LLC bought a new stake in shares of LG Display in the 2nd quarter valued at approximately $47,000. Verdence Capital Advisors LLC bought a new stake in shares of LG Display in the 2nd quarter valued at approximately $48,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of LG Display in the 1st quarter valued at approximately $44,000. Finally, Inspire Investing LLC bought a new stake in shares of LG Display in the 1st quarter valued at approximately $45,000.

Wall Street Analyst Weigh In

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

LG Display Stock Up 4.3%

Shares of LPL opened at $5.03 on Friday. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of -11.96, a PEG ratio of 0.26 and a beta of 1.49. 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 business’s fifty day moving average price is $4.89 and its two-hundred day moving average price is $3.94. LG Display Co., Ltd. has a 52 week low of $2.43 and a 52 week high of $5.67.

LG Display (NYSE:LPL) last announced its quarterly earnings data on Thursday, August 14th. The electronics maker reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.07). The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.85 billion. LG Display had a negative net margin of 2.25% and a negative return on equity of 7.60%. On average, 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.