42,128 Shares in LKQ Co. (NASDAQ:LKQ) Purchased by Blueshift Asset Management LLC

Blueshift Asset Management LLC acquired a new position in LKQ Co. (NASDAQ:LKQ - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 42,128 shares of the auto parts company's stock, valued at approximately $1,548,000.

Several other large investors have also recently bought and sold shares of the company. Cromwell Holdings LLC grew its position in shares of LKQ by 81.0% during the 4th quarter. Cromwell Holdings LLC now owns 742 shares of the auto parts company's stock worth $27,000 after buying an additional 332 shares during the period. Private Trust Co. NA grew its holdings in LKQ by 31.2% during the 3rd quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company's stock worth $50,000 after acquiring an additional 299 shares during the period. CENTRAL TRUST Co raised its position in shares of LKQ by 618.0% during the 4th quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company's stock valued at $61,000 after acquiring an additional 1,440 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of LKQ in the 3rd quarter worth $81,000. Finally, Allworth Financial LP increased its holdings in LKQ by 107.8% in the fourth quarter. Allworth Financial LP now owns 2,099 shares of the auto parts company's stock valued at $82,000 after purchasing an additional 1,089 shares during the last quarter. Institutional investors and hedge funds own 95.63% of the company's stock.

LKQ Stock Up 1.3 %

LKQ traded up $0.51 during trading on Monday, reaching $40.91. The company had a trading volume of 2,034,395 shares, compared to its average volume of 2,088,661. The business's fifty day moving average price is $39.89 and its 200 day moving average price is $38.91. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.71 and a quick ratio of 0.67. LKQ Co. has a 12 month low of $35.56 and a 12 month high of $53.68. The company has a market cap of $10.60 billion, a P/E ratio of 15.61 and a beta of 1.28.

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LKQ (NASDAQ:LKQ - Get Free Report) last announced its earnings results on Thursday, February 20th. The auto parts company reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $0.04. LKQ had a net margin of 4.81% and a return on equity of 14.93%. The firm had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.42 billion. Equities analysts anticipate that LKQ Co. will post 3.57 EPS for the current year.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Thursday, March 13th. LKQ's payout ratio is 45.80%.

Insiders Place Their Bets

In other news, Director Dominick P. Zarcone sold 15,000 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $42.32, for a total value of $634,800.00. Following the sale, the director now owns 336,135 shares of the company's stock, valued at $14,225,233.20. The trade was a 4.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 35,000 shares of company stock valued at $1,416,300 in the last quarter. 0.55% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

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.