LKQ Co. (NASDAQ:LKQ) Shares Bought by Barclays PLC

Barclays PLC increased its stake in shares of LKQ Co. (NASDAQ:LKQ - Free Report) by 8.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 534,960 shares of the auto parts company's stock after buying an additional 41,542 shares during the quarter. Barclays PLC owned about 0.21% of LKQ worth $19,658,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LKQ. MML Investors Services LLC raised its position in LKQ by 12.5% during the third quarter. MML Investors Services LLC now owns 20,219 shares of the auto parts company's stock valued at $807,000 after acquiring an additional 2,244 shares in the last quarter. Virtu Financial LLC boosted its holdings in LKQ by 226.3% during the third quarter. Virtu Financial LLC now owns 22,363 shares of the auto parts company's stock worth $893,000 after buying an additional 15,509 shares in the last quarter. Sanctuary Advisors LLC grew its position in LKQ by 22.3% during the third quarter. Sanctuary Advisors LLC now owns 33,725 shares of the auto parts company's stock valued at $1,298,000 after buying an additional 6,143 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of LKQ in the third quarter worth about $81,000. Finally, Tidal Investments LLC boosted its stake in shares of LKQ by 3.0% during the 3rd quarter. Tidal Investments LLC now owns 32,995 shares of the auto parts company's stock worth $1,317,000 after acquiring an additional 947 shares in the last quarter. Hedge funds and other institutional investors own 95.63% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on LKQ. StockNews.com upgraded LKQ from a "hold" rating to a "buy" rating in a research report on Thursday, March 20th. JPMorgan Chase & Co. upped their price objective on shares of LKQ from $48.00 to $49.00 and gave the stock an "overweight" rating in a research report on Friday, February 21st. Finally, Barrington Research restated an "outperform" rating and set a $60.00 price target on shares of LKQ in a research report on Monday. Six research 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 $52.60.

LKQ Price Performance

Shares of NASDAQ:LKQ traded down $4.94 during midday trading on Thursday, hitting $37.19. The company's stock had a trading volume of 5,293,981 shares, compared to its average volume of 2,270,337. The company has a market cap of $9.62 billion, a P/E ratio of 14.19 and a beta of 1.09. LKQ Co. has a 12-month low of $35.56 and a 12-month high of $46.64. The business's 50 day simple moving average is $41.54 and its 200 day simple moving average is $39.19. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.67 and a current ratio of 1.71.

LKQ (NASDAQ:LKQ - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The auto parts company reported $0.79 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.79. LKQ had a return on equity of 14.93% and a net margin of 4.81%. On average, analysts forecast that LKQ Co. will post 3.57 EPS for the current year.

LKQ Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.23%. LKQ's dividend payout ratio (DPR) is 45.80%.

Insider Activity at LKQ

In other LKQ news, Director Dominick P. Zarcone sold 10,000 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $41.66, for a total transaction of $416,600.00. Following the transaction, the director now directly owns 359,462 shares in the company, valued at $14,975,186.92. This represents a 2.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 45,000 shares of company stock worth $1,864,350. Insiders own 0.55% of the company's stock.

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.