American Century Companies Inc. Purchases 40,375 Shares of LG Display Co., Ltd. (NYSE:LPL)

American Century Companies Inc. increased its position in LG Display Co., Ltd. (NYSE:LPL) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,315,187 shares of the electronics maker’s stock after acquiring an additional 40,375 shares during the quarter. American Century Companies Inc.’s holdings in LG Display were worth $4,038,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LPL. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of LG Display by 5.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,371,287 shares of the electronics maker’s stock worth $4,210,000 after buying an additional 70,081 shares during the last quarter. State Street Corp increased its position in LG Display by 1.2% during the third quarter. State Street Corp now owns 628,299 shares of the electronics maker’s stock worth $2,545,000 after acquiring an additional 7,412 shares during the period. Rhumbline Advisers raised its stake in 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 purchasing an additional 6,484 shares during the last quarter. Blue Trust Inc. boosted its holdings in LG Display by 61.6% in the 4th quarter. Blue Trust Inc. now owns 296,355 shares of the electronics maker’s stock valued at $910,000 after purchasing an additional 112,964 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in LG Display in the 3rd quarter worth $797,000.

LG Display Stock Down 3.7 %

Shares of LPL stock opened at $2.75 on Friday. LG Display Co., Ltd. has a one year low of $2.72 and a one year high of $4.86. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.64 and a quick ratio of 0.43. The stock has a fifty day moving average price of $3.23 and a 200 day moving average price of $3.42. The stock has a market cap of $2.75 billion, a P/E ratio of -1.14 and a beta of 1.28.

LG Display (NYSE:LPL) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported ($0.60) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.67). LG Display had a negative net margin of 9.42% and a negative return on equity of 29.08%. Analysts predict that LG Display Co., Ltd. will post 0.59 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of LG Display from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th.

LG Display Company 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.