LG Display Co., Ltd. (NYSE:LPL) Position Trimmed by Jane Street Group LLC

Jane Street Group LLC reduced its stake in shares of LG Display Co., Ltd. (NYSE:LPL - Free Report) by 83.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,363 shares of the electronics maker's stock after selling 193,484 shares during the period. Jane Street Group LLC's holdings in LG Display were worth $118,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. PDS Planning Inc grew its stake in shares of LG Display by 16.7% during the 4th quarter. PDS Planning Inc now owns 23,782 shares of the electronics maker's stock valued at $73,000 after buying an additional 3,401 shares during the period. Caprock Group LLC lifted its holdings in shares of LG Display by 48.7% during the 4th quarter. Caprock Group LLC now owns 17,144 shares of the electronics maker's stock valued at $53,000 after acquiring an additional 5,618 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of LG Display by 1.9% during the 4th quarter. Rhumbline Advisers now owns 355,197 shares of the electronics maker's stock valued at $1,090,000 after acquiring an additional 6,484 shares in the last quarter. Savant Capital LLC acquired a new position in shares of LG Display during the 4th quarter valued at $38,000. Finally, Northern Trust Corp lifted its holdings in shares of LG Display by 28.7% during the 4th quarter. Northern Trust Corp now owns 68,631 shares of the electronics maker's stock valued at $211,000 after acquiring an additional 15,290 shares in the last quarter.

LG Display Stock Performance

Shares of NYSE:LPL traded up $0.03 during trading on Wednesday, reaching $3.41. 282,567 shares of the company's stock traded hands, compared to its average volume of 216,359. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.64 and a quick ratio of 0.43. LG Display Co., Ltd. has a 12 month low of $2.43 and a 12 month high of $4.86. The company has a 50 day moving average of $2.99 and a 200-day moving average of $3.15. The stock has a market capitalization of $3.41 billion, a P/E ratio of -1.41 and a beta of 1.44.

LG Display (NYSE:LPL - Get Free Report) last posted its earnings results on Thursday, May 15th. The electronics maker reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.38). The firm had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.33 billion. LG Display had a negative return on equity of 29.08% and a negative net margin of 9.42%. On average, equities analysts expect that LG Display Co., Ltd. will post 0.59 EPS for the current year.

Analyst Ratings Changes

LPL has been the topic of several recent research reports. Morgan Stanley upgraded shares of LG Display from an "underweight" rating to an "equal weight" rating in a report on Wednesday. Bank of America began coverage on shares of LG Display in a report on Thursday, April 24th. They issued a "neutral" rating on the stock. Finally, Wall Street Zen upgraded shares of LG Display from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold".

LG Display Profile

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.