LMR Partners LLP raised its position in LG Display Co., Ltd. (NYSE:LPL) by 16.4% during the second quarter, Holdings Channel reports. The fund owned 204,272 shares of the electronics maker’s stock after buying an additional 28,835 shares during the period. LMR Partners LLP’s holdings in LG Display Co. were worth $3,312,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp raised its stake in shares of LG Display Co. by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 13,964 shares of the electronics maker’s stock worth $191,000 after buying an additional 147 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of LG Display Co. by 0.5% in the first quarter. Envestnet Asset Management Inc. now owns 29,802 shares of the electronics maker’s stock worth $407,000 after buying an additional 159 shares during the last quarter. US Bancorp DE raised its stake in shares of LG Display Co. by 6.5% in the first quarter. US Bancorp DE now owns 7,794 shares of the electronics maker’s stock worth $106,000 after buying an additional 473 shares during the last quarter. World Asset Management Inc raised its stake in shares of LG Display Co. by 1.4% in the first quarter. World Asset Management Inc now owns 44,580 shares of the electronics maker’s stock worth $607,000 after buying an additional 636 shares during the last quarter. Finally, Comerica Bank raised its stake in shares of LG Display Co. by 1.6% in the first quarter. Comerica Bank now owns 42,310 shares of the electronics maker’s stock worth $544,000 after buying an additional 680 shares during the last quarter. 3.88% of the stock is owned by institutional investors.

LG Display Co., Ltd. (NYSE:LPL) opened at 13.16 on Tuesday. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 4.50 and a beta of 0.36. The firm’s 50-day moving average price is $15.09 and its 200 day moving average price is $13.87. LG Display Co., Ltd. has a 12 month low of $11.26 and a 12 month high of $17.05.

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A number of brokerages recently commented on LPL. CLSA lowered LG Display Co. from an “outperform” rating to an “underperform” rating in a research note on Thursday, April 27th. BidaskClub lowered LG Display Co. from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research lowered LG Display Co. from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. ValuEngine raised LG Display Co. from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 9th. Finally, UBS AG lowered LG Display Co. from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 26th. Five analysts have rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $16.86.

LG Display Co. 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.

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

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