Aperio Group LLC Decreases Stake in LG Display Co Ltd. (LPL)

Aperio Group LLC trimmed its stake in shares of LG Display Co Ltd. (NYSE:LPL) by 5.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 839,063 shares of the electronics maker’s stock after selling 47,977 shares during the period. Aperio Group LLC’s holdings in LG Display were worth $11,546,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC purchased a new position in shares of LG Display during the second quarter valued at approximately $168,000. KCS Wealth Advisory purchased a new position in shares of LG Display during the fourth quarter valued at approximately $156,000. Quantitative Systematic Strategies LLC purchased a new position in shares of LG Display during the third quarter valued at approximately $175,000. Citadel Advisors LLC purchased a new position in shares of LG Display during the second quarter valued at approximately $241,000. Finally, Ameriprise Financial Inc. raised its holdings in shares of LG Display by 39.4% during the second quarter. Ameriprise Financial Inc. now owns 15,293 shares of the electronics maker’s stock valued at $246,000 after purchasing an additional 4,325 shares during the last quarter. 4.08% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of LG Display from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Wednesday, December 27th. Morgan Stanley raised shares of LG Display from an “underweight” rating to an “overweight” rating in a report on Tuesday, January 23rd. CLSA raised shares of LG Display from an “underperform” rating to an “outperform” rating in a report on Tuesday, January 23rd. Cowen set a $16.00 price objective on shares of LG Display and gave the company a “buy” rating in a report on Monday, October 23rd. Finally, ValuEngine cut shares of LG Display from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. LG Display has a consensus rating of “Hold” and an average target price of $15.50.

Shares of LG Display Co Ltd. (NYSE LPL) opened at $13.44 on Friday. LG Display Co Ltd. has a twelve month low of $11.91 and a twelve month high of $17.05. The company has a market cap of $9,620.00, a P/E ratio of 4.09, a price-to-earnings-growth ratio of 0.82 and a beta of 0.61. The company has a current ratio of 1.40, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27.

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LG Display 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.

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

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