Schwab Charles Investment Management Inc. boosted its holdings in LG Display Co Ltd. (NYSE:LPL) by 10.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 361,200 shares of the electronics maker’s stock after purchasing an additional 33,400 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in LG Display were worth $4,848,000 as of its most recent SEC filing.

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

Several equities analysts have issued reports on LPL shares. Cowen set a $16.00 price objective on LG Display and gave the stock a “buy” rating in a report on Monday, October 23rd. Zacks Investment Research raised LG Display from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Wednesday, December 27th. Finally, Nomura reaffirmed a “neutral” rating on shares of LG Display in a report on Thursday, October 19th. Three research 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. The company currently has a consensus rating of “Hold” and a consensus target price of $15.50.

LG Display Co Ltd. (NYSE:LPL) opened at $14.12 on Wednesday. LG Display Co Ltd. has a twelve month low of $11.91 and a twelve month high of $17.05. The stock has a market capitalization of $10,060.00, a PE ratio of 4.21, a price-to-earnings-growth ratio of 0.66 and a beta of 0.47. 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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About LG Display

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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