OneDigital Investment Advisors LLC Has $950,000 Stock Holdings in LKQ Co. (NASDAQ:LKQ)

OneDigital Investment Advisors LLC lifted its position in LKQ Co. (NASDAQ:LKQ - Free Report) by 166.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,803 shares of the auto parts company's stock after buying an additional 14,886 shares during the period. OneDigital Investment Advisors LLC's holdings in LKQ were worth $950,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Catalyst Capital Advisors LLC purchased a new stake in shares of LKQ during the third quarter valued at $25,000. Rothschild Investment LLC purchased a new position in shares of LKQ in the second quarter worth approximately $33,000. Allworth Financial LP increased its position in shares of LKQ by 94.2% in the third quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company's stock worth $40,000 after acquiring an additional 490 shares in the last quarter. Bruce G. Allen Investments LLC raised its holdings in shares of LKQ by 33.5% during the third quarter. Bruce G. Allen Investments LLC now owns 1,151 shares of the auto parts company's stock valued at $46,000 after acquiring an additional 289 shares during the period. Finally, Banque Cantonale Vaudoise boosted its holdings in shares of LKQ by 29.8% during the second quarter. Banque Cantonale Vaudoise now owns 1,211 shares of the auto parts company's stock worth $50,000 after purchasing an additional 278 shares during the period. Institutional investors and hedge funds own 95.63% of the company's stock.

Wall Street Analysts Forecast Growth

LKQ has been the topic of a number of analyst reports. Stifel Nicolaus lowered their price objective on LKQ from $53.00 to $47.00 and set a "buy" rating on the stock in a report on Friday, October 25th. StockNews.com raised shares of LKQ from a "hold" rating to a "buy" rating in a research report on Monday. Robert W. Baird decreased their price objective on shares of LKQ from $50.00 to $48.00 and set an "outperform" rating for the company in a report on Friday, October 25th. JPMorgan Chase & Co. boosted their target price on shares of LKQ from $54.00 to $55.00 and gave the stock an "overweight" rating in a research report on Thursday, September 12th. Finally, Barrington Research reiterated an "outperform" rating and issued a $60.00 price objective on shares of LKQ in a research note on Friday, October 25th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $53.80.

LKQ Trading Down 1.2 %

Shares of NASDAQ:LKQ traded down $0.46 during mid-day trading on Tuesday, reaching $37.60. The stock had a trading volume of 2,511,377 shares, compared to its average volume of 1,939,202. The firm has a market cap of $9.77 billion, a PE ratio of 14.03 and a beta of 1.29. The firm has a 50 day simple moving average of $38.87 and a two-hundred day simple moving average of $40.91. 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 twelve month low of $35.57 and a twelve month high of $53.68.

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

LKQ Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.19%. LKQ's dividend payout ratio 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.