Generali Investments CEE investicni spolecnost a.s. Buys Shares of 139,278 LG Display Co., Ltd. (NYSE:LPL)

Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of LG Display Co., Ltd. (NYSE:LPL) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 139,278 shares of the electronics maker’s stock, valued at approximately $428,000.

Several other large investors also recently added to or reduced their stakes in the company. QRG Capital Management Inc. purchased a new stake in LG Display during the third quarter valued at about $42,000. Wealthstream Advisors Inc. purchased a new stake in shares of LG Display during the 3rd quarter valued at approximately $64,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in LG Display by 27.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,301,206 shares of the electronics maker’s stock worth $5,270,000 after buying an additional 283,441 shares during the period. FMR LLC boosted its holdings in LG Display by 38.9% in the 3rd quarter. FMR LLC now owns 42,861 shares of the electronics maker’s stock worth $174,000 after buying an additional 12,008 shares during the period. Finally, State Street Corp grew its stake in LG Display by 1.2% in the 3rd quarter. State Street Corp now owns 628,299 shares of the electronics maker’s stock valued at $2,545,000 after buying an additional 7,412 shares in the last quarter.

Analysts Set New Price Targets

Separately, StockNews.com downgraded LG Display from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th.

LG Display Stock Performance

Shares of LPL opened at $3.22 on Friday. The business’s 50-day moving average price is $3.25 and its 200-day moving average price is $3.53. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 1.00. LG Display Co., Ltd. has a twelve month low of $3.05 and a twelve month high of $4.86. The stock has a market cap of $3.22 billion, a PE ratio of -1.34 and a beta of 1.35.

LG Display (NYSE:LPL) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.67). LG Display had a negative return on equity of 29.08% and a negative net margin of 9.42%. On average, equities analysts forecast that LG Display Co., Ltd. will post 0.59 EPS for the current fiscal year.

About LG Display

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.