Albert D Mason Inc. Acquires 10,533 Shares of LKQ Co. (NASDAQ:LKQ)

Albert D Mason Inc. boosted its stake in LKQ Co. (NASDAQ:LKQ - Free Report) by 33.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,151 shares of the auto parts company's stock after purchasing an additional 10,533 shares during the period. Albert D Mason Inc.'s holdings in LKQ were worth $1,549,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Bruce G. Allen Investments LLC boosted its stake in shares of LKQ by 33.5% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,151 shares of the auto parts company's stock valued at $46,000 after purchasing an additional 289 shares during the last quarter. Private Trust Co. NA boosted its position in LKQ by 31.2% during the third quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company's stock valued at $50,000 after acquiring an additional 299 shares during the last quarter. Asset Management One Co. Ltd. grew its holdings in LKQ by 0.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 103,156 shares of the auto parts company's stock worth $4,118,000 after acquiring an additional 306 shares during the period. Ensign Peak Advisors Inc raised its position in shares of LKQ by 0.5% in the 2nd quarter. Ensign Peak Advisors Inc now owns 81,526 shares of the auto parts company's stock worth $3,391,000 after acquiring an additional 400 shares in the last quarter. Finally, Van ECK Associates Corp lifted its stake in shares of LKQ by 7.0% in the 3rd quarter. Van ECK Associates Corp now owns 7,372 shares of the auto parts company's stock valued at $279,000 after purchasing an additional 485 shares during the period. 95.63% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LKQ has been the subject of several recent analyst reports. Robert W. Baird decreased their target price on LKQ from $50.00 to $48.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Stifel Nicolaus reduced their price objective on shares of LKQ from $53.00 to $47.00 and set a "buy" rating for the company in a research report on Friday, October 25th. Barrington Research reiterated an "outperform" rating and set a $60.00 target price on shares of LKQ in a research report on Friday, October 25th. Finally, StockNews.com upgraded shares of LKQ from a "hold" rating to a "buy" rating in a report on Monday, November 18th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $53.80.

Insider Activity at LKQ

In other news, Director Dominick P. Zarcone sold 5,000 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $36.84, for a total value of $184,200.00. Following the transaction, the director now owns 374,462 shares in the company, valued at $13,795,180.08. The trade was a 1.32 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.45% of the stock is currently owned by insiders.

LKQ Stock Up 0.2 %

Shares of LKQ traded up $0.07 during trading hours on Friday, reaching $38.46. The stock had a trading volume of 1,801,602 shares, compared to its average volume of 1,815,148. The company has a market capitalization of $10.00 billion, a price-to-earnings ratio of 14.35 and a beta of 1.30. The firm has a 50-day simple moving average of $37.80 and a 200 day simple moving average of $39.43. The company has a current ratio of 1.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69. LKQ Co. has a 12 month low of $35.56 and a 12 month high of $53.68.

LKQ (NASDAQ:LKQ - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The auto parts company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.01. LKQ had a net margin of 4.90% and a return on equity of 15.15%. The firm had revenue of $3.58 billion during the quarter, compared to analysts' expectations of $3.65 billion. During the same period last year, the company earned $0.86 earnings per share. The business's revenue was up .4% on a year-over-year basis. Equities research analysts predict that LKQ Co. will post 3.43 earnings per share for the current fiscal year.

LKQ Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, November 14th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 annualized dividend and a yield of 3.12%. LKQ's dividend payout ratio (DPR) is currently 44.78%.

About LKQ

LKQ Corporation engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. It operates through four segments: Wholesale-North America, Europe, Specialty, and Self Service. The company distributes bumper covers, automotive body panels, and lights, as well as mechanical automotive parts and accessories; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries.