LKQ Co. (NASDAQ:LKQ) Shares Sold by APG Asset Management N.V.

APG Asset Management N.V. decreased its holdings in shares of LKQ Co. (NASDAQ:LKQ - Free Report) by 60.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,900 shares of the auto parts company's stock after selling 217,704 shares during the period. APG Asset Management N.V. owned about 0.06% of LKQ worth $5,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC raised its position in shares of LKQ by 8.1% during the 4th quarter. Advisory Services Network LLC now owns 35,549 shares of the auto parts company's stock worth $1,306,000 after purchasing an additional 2,673 shares during the last quarter. Applied Finance Capital Management LLC raised its stake in LKQ by 0.9% in the 4th quarter. Applied Finance Capital Management LLC now owns 818,792 shares of the auto parts company's stock valued at $30,091,000 after purchasing an additional 7,418 shares during the last quarter. Renaissance Technologies LLC boosted its stake in LKQ by 42.7% during the 4th quarter. Renaissance Technologies LLC now owns 448,160 shares of the auto parts company's stock worth $16,470,000 after purchasing an additional 134,000 shares during the last quarter. Bank of Nova Scotia grew its holdings in shares of LKQ by 1.0% during the fourth quarter. Bank of Nova Scotia now owns 34,192 shares of the auto parts company's stock worth $1,257,000 after buying an additional 331 shares in the last quarter. Finally, FIL Ltd boosted its position in LKQ by 1,008.7% during the fourth quarter. FIL Ltd now owns 964,923 shares of the auto parts company's stock worth $35,461,000 after acquiring an additional 877,888 shares during the last quarter. Institutional investors and hedge funds own 95.63% of the company's stock.

Insider Buying and Selling at LKQ

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $36.14, for a total value of $180,700.00. Following the sale, the director now owns 369,462 shares of the company's stock, valued at $13,352,356.68. This trade represents a 1.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 45,000 shares of company stock valued at $1,864,350 in the last 90 days. Company insiders own 0.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on LKQ shares. Barrington Research reissued an "outperform" rating and issued a $60.00 target price on shares of LKQ in a research note on Thursday, February 20th. JPMorgan Chase & Co. raised their target price on LKQ from $48.00 to $49.00 and gave the stock an "overweight" rating in a research note on Friday, February 21st. Finally, StockNews.com upgraded shares of LKQ from a "hold" rating to a "buy" rating in a research report on Thursday, March 20th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, LKQ has an average rating of "Buy" and a consensus price target of $52.60.

LKQ Trading Up 1.4 %

NASDAQ LKQ traded up $0.59 on Thursday, reaching $41.97. The stock had a trading volume of 700,054 shares, compared to its average volume of 2,541,899. LKQ Co. has a 12-month low of $35.56 and a 12-month high of $49.50. The company has a quick ratio of 0.67, a current ratio of 1.71 and a debt-to-equity ratio of 0.68. The stock has a fifty day moving average price of $41.16 and a two-hundred day moving average price of $39.10. The firm has a market capitalization of $10.85 billion, a price-to-earnings ratio of 16.01 and a beta of 1.09.

LKQ (NASDAQ:LKQ - Get Free Report) last released its earnings results on Thursday, February 20th. The auto parts company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.04. The company had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.42 billion. LKQ had a return on equity of 14.93% and a net margin of 4.81%. As a group, sell-side analysts forecast that LKQ Co. will post 3.57 EPS for the current fiscal year.

LKQ Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a yield of 2.86%. LKQ's dividend payout ratio (DPR) is presently 45.80%.

LKQ Company Profile

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.