Macquarie Group Ltd. grew its position in LG Display Co Ltd. (NYSE:LPL) by 29.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 304,121 shares of the electronics maker’s stock after acquiring an additional 69,500 shares during the period. Macquarie Group Ltd.’s holdings in LG Display were worth $4,081,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently made changes to their positions in LPL. BNP Paribas Arbitrage SA increased its holdings in LG Display by 13.0% in the second quarter. BNP Paribas Arbitrage SA now owns 7,444 shares of the electronics maker’s stock valued at $120,000 after purchasing an additional 857 shares during the period. Athos Capital Ltd acquired a new stake in LG Display in the second quarter valued at $160,000. Cubist Systematic Strategies LLC acquired a new stake in LG Display in the second quarter valued at $168,000. Quantitative Systematic Strategies LLC acquired a new stake in LG Display in the third quarter valued at $175,000. Finally, Bank of New York Mellon Corp increased its holdings in LG Display by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 13,964 shares of the electronics maker’s stock valued at $191,000 after purchasing an additional 147 shares during the period. Institutional investors own 4.06% of the company’s stock.
Shares of LG Display Co Ltd. (NYSE:LPL) opened at $13.58 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27. LG Display Co Ltd. has a 1-year low of $11.80 and a 1-year high of $17.05. The firm has a market capitalization of $9,718.26, a PE ratio of 4.15, a price-to-earnings-growth ratio of 0.36 and a beta of 0.47.
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About LG Display
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.
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