Shelton Capital Management held its position in LG Display Co., Ltd. (NYSE:LPL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,000 shares of the electronics maker’s stock at the end of the 2nd quarter. Shelton Capital Management’s holdings in LG Display Co. were worth $755,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its stake in shares of LG Display Co. by 1.1% during the 1st quarter. Bank of New York Mellon Corp now owns 13,964 shares of the electronics maker’s stock worth $191,000 after purchasing an additional 147 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of LG Display Co. by 0.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 29,802 shares of the electronics maker’s stock worth $407,000 after purchasing an additional 159 shares during the period. US Bancorp DE raised its stake in shares of LG Display Co. by 6.5% during the 1st quarter. US Bancorp DE now owns 7,794 shares of the electronics maker’s stock worth $106,000 after purchasing an additional 473 shares during the period. Wells Fargo & Company MN raised its stake in shares of LG Display Co. 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 purchasing an additional 476 shares during the period. Finally, Comerica Bank raised its stake in shares of LG Display Co. by 1.6% during the 1st quarter. Comerica Bank now owns 42,310 shares of the electronics maker’s stock worth $544,000 after purchasing an additional 680 shares during the period. Institutional investors own 3.72% of the company’s stock.

LG Display Co., Ltd. (LPL) opened at 13.74 on Friday. The stock has a market cap of $9.83 billion, a price-to-earnings ratio of 4.85 and a beta of 0.32. The firm’s 50-day moving average price is $13.90 and its 200-day moving average price is $14.20. LG Display Co., Ltd. has a 12-month low of $11.26 and a 12-month high of $17.05.

A number of equities research analysts have recently commented on LPL shares. Cowen and Company reiterated a “buy” rating and set a $20.40 target price on shares of LG Display Co. in a research note on Friday, July 28th. Zacks Investment Research raised LG Display Co. from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Tuesday, July 25th. BidaskClub lowered LG Display Co. from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 1st. Finally, UBS AG lowered LG Display Co. from a “buy” rating to a “neutral” rating in a report on Wednesday, July 26th. Five investment analysts have rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $18.70.

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About LG Display Co.

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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