American Century Companies Inc. Has $5.17 Million Stock Position in LG Display Co., Ltd. $LPL

American Century Companies Inc. boosted its position in LG Display Co., Ltd. (NYSE:LPL) by 12.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,510,470 shares of the electronics maker’s stock after acquiring an additional 161,409 shares during the period. American Century Companies Inc.’s holdings in LG Display were worth $5,166,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of LPL. Vident Advisory LLC raised its position in shares of LG Display by 46.2% during the first quarter. Vident Advisory LLC now owns 392,350 shares of the electronics maker’s stock worth $1,220,000 after purchasing an additional 123,994 shares during the period. Rhumbline Advisers grew its position in LG Display by 3.4% in the 2nd quarter. Rhumbline Advisers now owns 375,539 shares of the electronics maker’s stock valued at $1,284,000 after purchasing an additional 12,198 shares during the period. Ethic Inc. increased its stake in LG Display by 58.3% during the 2nd quarter. Ethic Inc. now owns 259,673 shares of the electronics maker’s stock valued at $904,000 after purchasing an additional 95,675 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in LG Display by 46.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 258,161 shares of the electronics maker’s stock worth $883,000 after buying an additional 82,207 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of LG Display by 33.2% in the second quarter. PNC Financial Services Group Inc. now owns 142,139 shares of the electronics maker’s stock valued at $486,000 after buying an additional 35,444 shares in the last quarter.

LG Display Stock Up 2.4%

Shares of NYSE LPL opened at $4.55 on Monday. The stock has a market capitalization of $4.55 billion, a PE ratio of -10.82, a P/E/G ratio of 0.28 and a beta of 1.54. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.62 and a quick ratio of 0.37. The business’s fifty day moving average price is $4.83 and its 200-day moving average price is $4.21. LG Display Co., Ltd. has a one year low of $2.43 and a one year high of $5.67.

Analysts Set New Price Targets

LPL has been the subject of a number of analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of LG Display in a report on Wednesday, October 8th. UBS Group upgraded LG Display from a “sell” rating to a “neutral” rating in a research note on Tuesday, September 23rd. Finally, Wall Street Zen upgraded LG Display from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

About LG Display

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.