LKQ Co. (NASDAQ:LKQ) Stock Holdings Increased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd increased its position in LKQ Co. (NASDAQ:LKQ - Free Report) by 24.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,556 shares of the auto parts company's stock after acquiring an additional 9,434 shares during the period. UniSuper Management Pty Ltd's holdings in LKQ were worth $1,784,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Cerity Partners LLC lifted its holdings in shares of LKQ by 15.8% in the third quarter. Cerity Partners LLC now owns 20,178 shares of the auto parts company's stock valued at $805,000 after purchasing an additional 2,759 shares in the last quarter. Private Trust Co. NA lifted its stake in LKQ by 31.2% in the 3rd quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company's stock valued at $50,000 after buying an additional 299 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in LKQ by 25.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 207,055 shares of the auto parts company's stock valued at $8,266,000 after buying an additional 42,634 shares during the last quarter. FMR LLC increased its position in LKQ by 7.3% during the third quarter. FMR LLC now owns 6,020,689 shares of the auto parts company's stock worth $240,346,000 after buying an additional 411,390 shares in the last quarter. Finally, Glenmede Trust Co. NA raised its holdings in shares of LKQ by 11.5% in the third quarter. Glenmede Trust Co. NA now owns 30,447 shares of the auto parts company's stock worth $1,215,000 after acquiring an additional 3,138 shares during the last quarter. 95.63% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity

In other news, Director Dominick P. Zarcone sold 5,000 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $36.14, for a total value of $180,700.00. Following the transaction, the director now directly owns 369,462 shares in the company, valued at approximately $13,352,356.68. This trade represents a 1.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 45,000 shares of company stock worth $1,864,350 over the last ninety days. Corporate insiders own 0.55% of the company's stock.

Analysts Set New Price Targets

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

LKQ Trading Down 2.1 %

NASDAQ LKQ traded down $0.89 during trading hours on Friday, hitting $41.29. 3,708,560 shares of the company's stock were exchanged, compared to its average volume of 2,229,734. The business's 50 day moving average is $40.52 and its 200-day moving average is $39.06. 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 Co. has a 12-month low of $35.56 and a 12-month high of $52.06. The firm has a market capitalization of $10.68 billion, a P/E ratio of 15.76 and a beta of 1.28.

LKQ (NASDAQ:LKQ - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The auto parts company reported $0.80 EPS for the quarter, beating 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 company had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.42 billion. As a group, analysts anticipate that LKQ Co. will post 3.57 EPS for the current fiscal year.

LKQ Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a $0.30 dividend. The ex-dividend date was Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a yield of 2.91%. LKQ's dividend payout ratio is currently 45.80%.

LKQ 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.