LG Display Co., Ltd. (NYSE:LPL) Short Interest Update

LG Display Co., Ltd. (NYSE:LPL) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 674,776 shares, an increase of 21.7% from the December 15th total of 554,429 shares. Based on an average trading volume of 315,100 shares, the short-interest ratio is currently 2.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 315,100 shares, the short-interest ratio is currently 2.1 days.

Institutional Trading of LG Display

Several large investors have recently made changes to their positions in LPL. Jane Street Group LLC increased its holdings in shares of LG Display by 52.9% during the 1st quarter. Jane Street Group LLC now owns 58,648 shares of the electronics maker’s stock valued at $182,000 after acquiring an additional 20,285 shares during the last quarter. Rhumbline Advisers grew its holdings in LG Display by 2.3% during the first quarter. Rhumbline Advisers now owns 363,341 shares of the electronics maker’s stock valued at $1,130,000 after purchasing an additional 8,144 shares during the last quarter. Diversified Trust Co acquired a new stake in shares of LG Display in the second quarter worth $56,000. GAMMA Investing LLC boosted its holdings in shares of LG Display by 198.3% during the 2nd quarter. GAMMA Investing LLC now owns 65,635 shares of the electronics maker’s stock worth $224,000 after buying an additional 43,634 shares during the period. Finally, Avior Wealth Management LLC acquired a new position in LG Display in the 2nd quarter valued at $67,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on LPL shares. UBS Group upgraded LG Display from a “sell” rating to a “neutral” rating in a report on Tuesday, September 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of LG Display in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised shares of LG Display from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, LG Display presently has an average rating of “Reduce”.

LG Display Stock Up 1.9%

LPL traded up $0.08 during midday trading on Monday, hitting $4.34. 976,194 shares of the company’s stock traded hands, compared to its average volume of 417,345. 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 company has a market cap of $4.34 billion, a PE ratio of -25.53, a price-to-earnings-growth ratio of 0.59 and a beta of 1.50. The stock’s fifty day simple moving average is $4.29 and its 200-day simple moving average is $4.41. LG Display has a one year low of $2.43 and a one year high of $5.67.

LG Display (NYSE:LPL) last posted its earnings results on Friday, November 14th. The electronics maker reported ($0.01) EPS for the quarter. The business had revenue of $4.95 billion during the quarter. LG Display had a negative return on equity of 3.22% and a negative net margin of 0.94%. As a group, equities analysts anticipate that LG Display will post 0.59 earnings per share for the current fiscal year.

LG Display Company Profile

LG Display Co, Ltd., headquartered in Seoul, South Korea, is a global manufacturer of thin-film transistor liquid crystal display (TFT-LCD) and organic light-emitting diode (OLED) panels. The company designs and produces display solutions for a wide range of applications, including televisions, desktop monitors, notebook computers, tablets, smartphones, signage and automotive screens. Its product offerings span large-screen television modules, ultra-high definition monitors, flexible and transparent OLED displays, and specialized industrial panels.

LG Display operates a network of production facilities and research centers across Asia, including major manufacturing sites in Paju and Gumi, South Korea, as well as Wuhan, China.