PDS Planning Inc Sells 13,458 Shares of LG Display Co., Ltd. (NYSE:LPL)

PDS Planning Inc lessened its holdings in LG Display Co., Ltd. (NYSE:LPL) by 34.1% during the 4th quarter, HoldingsChannel reports. The firm owned 26,043 shares of the electronics maker’s stock after selling 13,458 shares during the period. PDS Planning Inc’s holdings in LG Display were worth $126,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ronald Blue Trust Inc. increased its position in LG Display by 39.6% during the third quarter. Ronald Blue Trust Inc. now owns 8,632 shares of the electronics maker’s stock valued at $42,000 after acquiring an additional 2,450 shares during the last quarter. Xponance Inc. bought a new position in LG Display during the third quarter valued at $50,000. CWM LLC increased its position in LG Display by 31.2% during the third quarter. CWM LLC now owns 10,822 shares of the electronics maker’s stock valued at $53,000 after acquiring an additional 2,571 shares during the last quarter. Ieq Capital LLC bought a new position in LG Display during the third quarter valued at $61,000. Finally, Intelligence Driven Advisers LLC bought a new position in LG Display during the third quarter valued at $64,000.

LG Display Trading Up 2.0 %

LPL stock opened at $4.02 on Wednesday. The company has a quick ratio of 0.50, a current ratio of 0.68 and a debt-to-equity ratio of 1.30. LG Display Co., Ltd. has a twelve month low of $3.67 and a twelve month high of $6.68. The stock has a market capitalization of $4.02 billion, a price-to-earnings ratio of -1.36 and a beta of 1.43. The firm’s fifty day simple moving average is $4.12 and its two-hundred day simple moving average is $4.55.

LG Display (NYSE:LPL) last posted its quarterly earnings results on Friday, March 8th. The electronics maker reported $0.06 EPS for the quarter. The firm had revenue of $5.61 billion for the quarter. LG Display had a negative net margin of 12.93% and a negative return on equity of 27.97%. As a group, analysts anticipate that LG Display Co., Ltd. will post -0.9 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of LG Display from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd.

LG Display Profile

LG Display Co, Ltd., together with its subsidiaries, engages in the design, 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.