8,984 Shares in LG Display Co., Ltd. (NYSE:LPL) Purchased by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC bought a new position in LG Display Co., Ltd. (NYSE:LPL) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,984 shares of the electronics maker’s stock, valued at approximately $43,000.

A number of other institutional investors have also added to or reduced their stakes in LPL. EverSource Wealth Advisors LLC increased its stake in LG Display by 307.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 6,756 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 5,098 shares during the last quarter. Xponance Inc. bought a new position in LG Display in the 3rd quarter worth about $50,000. CWM LLC increased its position in shares of LG Display by 31.2% during the 3rd quarter. CWM LLC now owns 10,822 shares of the electronics maker’s stock valued at $53,000 after purchasing an additional 2,571 shares during the last quarter. Ieq Capital LLC bought a new position in shares of LG Display during the 3rd quarter valued at about $61,000. Finally, Intelligence Driven Advisers LLC bought a new position in shares of LG Display during the 3rd quarter valued at about $64,000.

Analyst Upgrades and Downgrades

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

LG Display Stock Up 1.2 %

Shares of LPL traded up $0.05 on Thursday, reaching $4.20. The stock had a trading volume of 111,738 shares, compared to its average volume of 406,861. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of -1.41 and a beta of 1.42. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.50 and a current ratio of 0.68. The company has a 50-day simple moving average of $4.07 and a 200-day simple moving average of $4.53. LG Display Co., Ltd. has a 12-month low of $3.67 and a 12-month high of $6.68.

LG Display (NYSE:LPL) last released its earnings results on Friday, March 8th. The electronics maker reported $0.06 EPS for the quarter. The company had revenue of $5.61 billion during the quarter. LG Display had a negative return on equity of 27.97% and a negative net margin of 12.93%. Sell-side analysts predict that LG Display Co., Ltd. will post -0.98 EPS for the current year.

LG Display Company 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.