CI Investments Inc. purchased a new position in shares of LG Display Co., Ltd. (NYSE:LPL) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 67,000 shares of the electronics maker’s stock, valued at approximately $899,000.

Several other institutional investors and hedge funds have also made changes to their positions in LPL. Bank of New York Mellon Corp increased its stake in shares of LG Display Co. by 1.1% during the 1st quarter. Bank of New York Mellon Corp now owns 13,964 shares of the electronics maker’s stock worth $191,000 after purchasing an additional 147 shares during the last quarter. Ameriprise Financial Inc. acquired a new position in shares of LG Display Co. during the 1st quarter worth $149,000. Alliancebernstein L.P. acquired a new position in shares of LG Display Co. during the 1st quarter worth $628,000. Schwab Charles Investment Management Inc. increased its stake in shares of LG Display Co. by 11.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 276,400 shares of the electronics maker’s stock worth $3,765,000 after purchasing an additional 28,700 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of LG Display Co. by 428.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 76,363 shares of the electronics maker’s stock worth $1,040,000 after purchasing an additional 61,917 shares during the last quarter. Institutional investors own 3.70% of the company’s stock.

Several research analysts have recently commented on LPL shares. Cowen and Company restated a “buy” rating and set a $20.40 price target on shares of LG Display Co. in a research note on Friday, July 28th. Zacks Investment Research upgraded shares of LG Display Co. from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Tuesday, July 25th. BidaskClub upgraded shares of LG Display Co. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. UBS AG lowered shares of LG Display Co. from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 26th. Finally, Nomura reiterated a “neutral” rating on shares of LG Display Co. in a research note on Thursday, October 19th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. LG Display Co. presently has an average rating of “Hold” and an average price target of $16.50.

LG Display Co., Ltd. (NYSE:LPL) traded down $0.22 during trading hours on Wednesday, reaching $13.10. 547,700 shares of the company were exchanged, compared to its average volume of 641,499. LG Display Co., Ltd. has a 1-year low of $11.29 and a 1-year high of $17.05. The company has a quick ratio of 1.13, a current ratio of 1.47 and a debt-to-equity ratio of 0.29. The firm has a market cap of $9,532.19, a price-to-earnings ratio of 4.07, a PEG ratio of 0.36 and a beta of 0.44.

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LG Display Co. Company Profile

LG Display Co, Ltd. manufactures thin-film transistor liquid crystal display, organic light emitting diode and other display panel technologies. The Company manufactures display panels in a range of sizes and specifications primarily for use in televisions, notebook computers, desktop monitors, tablet computers and various other applications, including mobile devices.

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

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