Fulton Bank N.A. purchased a new position in LG Display Co., Ltd. (NYSE:LPL – Get Rating) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 30,222 shares of the electronics maker’s stock, valued at approximately $169,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Glassman Wealth Services increased its stake in shares of LG Display by 111.1% in the fourth quarter. Glassman Wealth Services now owns 3,291 shares of the electronics maker’s stock worth $33,000 after buying an additional 1,732 shares during the last quarter. Alera Investment Advisors LLC acquired a new position in LG Display in the first quarter worth $85,000. CAPROCK Group Inc. acquired a new position in LG Display in the first quarter worth $123,000. Bank of Nova Scotia acquired a new position in LG Display in the first quarter worth $137,000. Finally, Vident Investment Advisory LLC acquired a new position in LG Display in the first quarter worth $157,000. Institutional investors own 2.39% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, TheStreet downgraded shares of LG Display from a “c-” rating to a “d+” rating in a report on Wednesday, September 7th. Four equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.
LG Display Stock Performance
LG Display Company Profile
LG Display Co, Ltd. engages in the design, 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.
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