Institutional investors now have $365 million stake in LG Display Co., Ltd. (LPL)

LG Display Co., Ltd. (NYSE:LPL) marched up 16.87% compared to a 52-week low price of $11.26. The shares were last seen trading -3.8% lower, taking the closing price at $13.16 on 10/10/2017. This company shares are 34.19% off its target price of $17.66 and the current market capitalization stands at $9.12B. The recent change has given its price a -4.38% deficit over SMA 50 and -22.79% deficit over its 52-week high. The stock witnessed -7.91% declines, -19.16% declines and -1.57% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found LPL’s volatility during a week at 1.16% and during a month it has been found around 1.2%.

LG Display Co., Ltd. (LPL) Top Holders

Institutional investors currently hold around $365 million or 3.9% in LPL stock. Look at its top three institutional owners. Dimensional Fund Advisors Lp owns $110.84 million in LG Display Co., Ltd., which represents roughly 1.22% of the company’s market cap and approximately 30.37% of the institutional ownership. Similar statistics are true for the second largest owner, Acadian Asset Management Llc, which owns 3,255,803 shares of the stock are valued at $44.54 million. The third largest holder is Arrowstreet Capital, Limited Partnership, which currently holds $33.7 million worth of this stock and that ownership represents nearly 0.37% of its market capitalization.

LG Display Co., Ltd. 13F Filings

At the end of June reporting period, 67 institutional holders increased their position in LG Display Co., Ltd. (NYSE:LPL) by some 2,275,366 shares, 34 decreased positions by 1,732,063 and 13 held positions by 22,660,295. That puts total institutional holdings at 26,667,724 shares, according to SEC filings. The stock grabbed 21 new institutional investments totaling 753,201 shares while 10 institutional investors sold out their entire positions totaling 492,894 shares.

LG Display Co., Ltd. (LPL) Analyst Guide

Several analysts have released their opinion on LG Display Co., Ltd. (NYSE:LPL), with 1 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 3 average brokerage recommendation.

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