Cubist Systematic Strategies LLC bought a new position in LG Display Co., Ltd. (NYSE:LPL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,443 shares of the electronics maker’s stock, valued at approximately $168,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nationwide Fund Advisors boosted its position in shares of LG Display Co. by 1.7% in the second quarter. Nationwide Fund Advisors now owns 52,400 shares of the electronics maker’s stock worth $842,000 after acquiring an additional 900 shares during the last quarter. Diversified Trust Co acquired a new position in LG Display Co. during the second quarter valued at approximately $1,201,000. Morgan Stanley lifted its position in LG Display Co. by 18.1% during the first quarter. Morgan Stanley now owns 1,439,421 shares of the electronics maker’s stock valued at $19,604,000 after buying an additional 220,866 shares in the last quarter. Airain ltd acquired a new position in LG Display Co. during the second quarter valued at approximately $1,085,000. Finally, Aperio Group LLC lifted its position in LG Display Co. by 33.8% during the second quarter. Aperio Group LLC now owns 739,439 shares of the electronics maker’s stock valued at $11,883,000 after buying an additional 186,817 shares in the last quarter. 3.72% of the stock is currently owned by institutional investors and hedge funds.

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Shares of LG Display Co., Ltd. (NYSE LPL) opened at $13.18 on Monday. The company has a market cap of $9,432.00, a PE ratio of 4.03, a P/E/G ratio of 0.35 and a beta of 0.44.

A number of research analysts have weighed in on LPL shares. Zacks Investment Research raised shares of LG Display Co. from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Tuesday, July 25th. BidaskClub cut shares of LG Display Co. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. UBS AG cut shares of LG Display Co. from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 26th. Cowen and Company reaffirmed a “buy” rating and set a $20.40 price target on shares of LG Display Co. in a research report on Friday, July 28th. Finally, Nomura reaffirmed a “neutral” rating on shares of LG Display Co. in a research report on Thursday, October 19th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $16.50.

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.

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

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