30,115 Shares in LKQ Co. (NASDAQ:LKQ) Purchased by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in shares of LKQ Co. (NASDAQ:LKQ - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 30,115 shares of the auto parts company's stock, valued at approximately $1,107,000.

A number of other large investors also recently modified their holdings of the company. OLD Second National Bank of Aurora raised its position in shares of LKQ by 0.7% during the 4th quarter. OLD Second National Bank of Aurora now owns 44,169 shares of the auto parts company's stock valued at $1,623,000 after buying an additional 287 shares in the last quarter. Bank of Nova Scotia increased its position in shares of LKQ by 1.0% during the 4th quarter. Bank of Nova Scotia now owns 34,192 shares of the auto parts company's stock valued at $1,257,000 after purchasing an additional 331 shares during the last quarter. Cromwell Holdings LLC raised its holdings 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 valued at $27,000 after buying an additional 332 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in shares of LKQ by 9.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 4,841 shares of the auto parts company's stock worth $178,000 after acquiring an additional 412 shares in the last quarter. Finally, Cornerstone Investment Partners LLC lifted its holdings in shares of LKQ by 3.5% in the 4th quarter. Cornerstone Investment Partners LLC now owns 12,368 shares of the auto parts company's stock worth $455,000 after acquiring an additional 423 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors.

LKQ Stock Performance

LKQ stock traded down $0.74 during trading on Monday, reaching $41.29. The stock had a trading volume of 274,374 shares, compared to its average volume of 2,274,964. LKQ Co. has a 52 week low of $35.56 and a 52 week high of $49.50. The firm has a market cap of $10.67 billion, a PE ratio of 15.75 and a beta of 1.09. The company has a current ratio of 1.71, a quick ratio of 0.67 and a debt-to-equity ratio of 0.68. The stock's 50 day moving average is $41.34 and its two-hundred day moving average is $39.13.

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

LKQ Announces Dividend

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

Insiders Place Their Bets

In related news, Director Dominick P. Zarcone sold 15,000 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $42.15, for a total value of $632,250.00. Following the transaction, the director now directly owns 321,135 shares of the company's stock, valued at approximately $13,535,840.25. The trade was a 4.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 45,000 shares of company stock worth $1,864,350. Company insiders own 0.47% of the company's stock.

Wall Street Analysts Forecast Growth

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

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.