Schwab Charles Investment Management Inc. Grows Holdings in LG Display Co Ltd. (LPL)

Schwab Charles Investment Management Inc. boosted its holdings in shares of LG Display Co Ltd. (NYSE:LPL) by 10.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 361,200 shares of the electronics maker’s stock after acquiring an additional 33,400 shares during the quarter. Schwab Charles Investment Management Inc. owned 0.05% of LG Display worth $4,848,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Wells Fargo & Company MN grew its holdings in LG Display by 0.7% during the 2nd quarter. Wells Fargo & Company MN now owns 71,816 shares of the electronics maker’s stock worth $1,154,000 after acquiring an additional 476 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in LG Display by 13.0% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,444 shares of the electronics maker’s stock worth $120,000 after acquiring an additional 857 shares during the last quarter. Nationwide Fund Advisors grew its holdings in LG Display by 1.7% during the 2nd quarter. Nationwide Fund Advisors now owns 52,400 shares of the electronics maker’s stock worth $842,000 after acquiring an additional 900 shares during the last quarter. Stifel Financial Corp grew its holdings in LG Display by 1.7% during the 2nd quarter. Stifel Financial Corp now owns 52,400 shares of the electronics maker’s stock worth $842,000 after acquiring an additional 900 shares during the last quarter. Finally, AXA grew its holdings in LG Display by 13.5% during the 2nd quarter. AXA now owns 20,845 shares of the electronics maker’s stock worth $335,000 after acquiring an additional 2,474 shares during the last quarter. 4.04% of the stock is currently owned by hedge funds and other institutional investors.

LG Display Co Ltd. (LPL) opened at $14.40 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.07 and a current ratio of 1.40. LG Display Co Ltd. has a 1 year low of $11.91 and a 1 year high of $17.05. The stock has a market cap of $9,861.44, a price-to-earnings ratio of 4.40, a P/E/G ratio of 0.64 and a beta of 0.47.

LG Display (NYSE:LPL) last released its earnings results on Wednesday, October 25th. The electronics maker reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.06. LG Display had a net margin of 10.02% and a return on equity of 18.21%. research analysts expect that LG Display Co Ltd. will post 2.57 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on LPL shares. Nomura restated a “neutral” rating on shares of LG Display in a research report on Thursday, October 19th. Zacks Investment Research downgraded shares of LG Display from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Finally, Cowen set a $16.00 price target on shares of LG Display and gave the stock a “buy” rating in a research report on Monday, October 23rd. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. LG Display presently has an average rating of “Hold” and a consensus price target of $15.50.

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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.

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

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