Kbc Group Nv Cut By $5.52 Million Its Cdk Global (CDK) Position; 1 Bullish Analysts Covering LG Display Co., Ltd. (LPL)

August 12, 2018 - By William Brooks

LG Display Co., Ltd. (NYSE:LPL) Logo

Kbc Group Nv decreased Cdk Global Inc (CDK) stake by 31.86% reported in 2018Q1 SEC filing. Kbc Group Nv sold 87,562 shares as Cdk Global Inc (CDK)’s stock declined 8.48%. The Kbc Group Nv holds 187,273 shares with $11.86 million value, down from 274,835 last quarter. Cdk Global Inc now has $8.42B valuation. The stock decreased 0.17% or $0.11 during the last trading session, reaching $64. About 684,466 shares traded. CDK Global, Inc. (NASDAQ:CDK) has risen 4.20% since August 12, 2017 and is uptrending. It has underperformed by 8.37% the S&P500. Some Historical CDK News: 20/03/2018 – CDK GLOBAL INC – UNDER TERMS OF ORIGINAL AGREEMENT, THERE IS NO TERMINATION FEE; 26/04/2018 – CDK GLOBAL – REDUCING CO’S REVENUE GUIDANCE FOR FISCAL YEAR 2018 TO 2.5% – 3.0% FROM 3.0% – 4.0%, PRIMARILY DUE TO LOWER EXPECTED ADVERTISING REVENUES; 26/04/2018 – CDK Global Reports Growth, Cuts Revenue Guidance; 22/03/2018 – Survey Reveals 80 Percent of Buyers Likely to Begin Car Buying Process Online, Still 78 Percent Value In-Store Dealer Experience; 26/04/2018 – CDK Global 3Q EPS 71c; 26/04/2018 – Correct: CDK Global Sees 2018 EPS $2.67-EPS $2.72, Not $2.62-$2.72; 23/04/2018 – DJ CDK Global Inc, Inst Holders, 1Q 2018 (CDK); 07/03/2018 ClinicalTrial US: G1T38, a CDK 4/6 Inhibitor, in Combination With Osimertinib in EGFR-Mutant Non-Small Cell Lung Cancer; 15/03/2018 – CDK Global and NAMAD Announce Second Annual “Fueling Careers” Scholarship Program; 20/03/2018 – FTC Challenges CDK Global, Inc.’s Proposed Acquisition of Competitor Auto/Mate, Inc

Among 2 analysts covering LG Display (NYSE:LPL), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. LG Display had 2 analyst reports since April 10, 2018 according to SRatingsIntel. Morgan Stanley downgraded the shares of LPL in report on Monday, June 18 to “Equal-Weight” rating. Cowen & Co maintained LG Display Co., Ltd. (NYSE:LPL) rating on Tuesday, April 10. Cowen & Co has “Buy” rating and $1500 target. See LG Display Co., Ltd. (NYSE:LPL) latest ratings:

18/06/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
10/04/2018 Broker: Cowen & Co Rating: Buy New Target: $15.0000 Maintain

Kbc Group Nv increased U S Silica Hldgs Inc (NYSE:SLCA) stake by 12,460 shares to 656,728 valued at $16.76M in 2018Q1. It also upped 58 Com Inc (NYSE:WUBA) stake by 5,113 shares and now owns 177,899 shares. Bemis Inc (NYSE:BMS) was raised too.

Among 2 analysts covering CDK Global (NASDAQ:CDK), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. CDK Global had 2 analyst reports since April 27, 2018 according to SRatingsIntel. On Tuesday, May 29 the stock rating was upgraded by Barrington Research to “Outperform”. The stock of CDK Global, Inc. (NASDAQ:CDK) earned “Equal-Weight” rating by Morgan Stanley on Friday, April 27.

Analysts await CDK Global, Inc. (NASDAQ:CDK) to report earnings on August, 14 before the open. They expect $0.80 earnings per share, up 45.45% or $0.25 from last year’s $0.55 per share. CDK’s profit will be $105.29M for 20.00 P/E if the $0.80 EPS becomes a reality. After $0.85 actual earnings per share reported by CDK Global, Inc. for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

More news for CDK Global, Inc. (NASDAQ:CDK) were recently published by: Businesswire.com, which released: “CDK Global to Acquire ELEAD1ONE” on July 16, 2018. Gurufocus.com‘s article titled: “6 Underperforming Stocks in Gurus’ Portfolios” and published on August 10, 2018 is yet another important article.

LG Display Co., Ltd. manufactures and sells thin-film transistor liquid crystal display and organic light-emitting diode technology display panels in the Republic of Korea, the Americas, Europe, Asia, and internationally. The company has market cap of $6.97 billion. It offers various display panels primarily for use in televisions, notebook computers, desktop monitors, tablet computers, and mobile devices. It has a 65.68 P/E ratio. The firm also provides panels for industrial and other applications, including entertainment systems, automotive displays, portable navigation devices, and medical diagnostic equipment.

The stock decreased 0.21% or $0.02 during the last trading session, reaching $9.72. About 466,435 shares traded. LG Display Co., Ltd. (NYSE:LPL) has declined 20.71% since August 12, 2017 and is downtrending. It has underperformed by 33.28% the S&P500. Some Historical LPL News: 24/04/2018 – LG DISPLAY 1Q OPER LOSS 98.32B WON, EST. PROFIT 12.72B WON; 20/04/2018 – Captivate: Sources: Apple’s efforts to reduce its dependence on Samsung and line up LG Display as a second supplier for its iP; 19/03/2018 – LG Display to Showcase Luflex OLED Lighting Products At Light+Building 2018 in Frankfurt, Germany; 08/05/2018 – LG DISPLAY SAYS STRENGTHENING STRATEGIC ALLIANCE WITH GOOGLE; 08/05/2018 – LG Display says beefs up Google tie-up, but denies got $930 mln investment; 24/04/2018 – LG Display reports first quarterly loss since 2016; 24/04/2018 – LG Display 1Q Op Loss KRW98.32B Vs Op Pft KRW1.027T; 24/04/2018 – LG Display 1Q Rev KRW5.675T Vs KRW7.062T; 24/04/2018 – LG DISPLAY SAYS PANEL SHIPMENTS EXPECTED TO GROW STARTING FROM THE SECOND QUARTER; 29/05/2018 – China has delayed approval for LG Display’s Guangzhou OLED plant at urging of local rivals, insiders say

More important recent LG Display Co., Ltd. (NYSE:LPL) news were published by: Benzinga.com which released: “Earnings Preview: LG Display” on July 24, 2018, also Fool.com published article titled: “Why Shares of LG Display Jumped 13% Last Month”, Nasdaq.com published: “2 Stocks I’m Putting on My Watchlist” on July 14, 2018. More interesting news about LG Display Co., Ltd. (NYSE:LPL) was released by: Seekingalpha.com and their article: “Wall Street Breakfast: Key Talks On US-EU Trade” with publication date: July 25, 2018.

CDK Global, Inc. (NASDAQ:CDK) Ratings Chart

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