LKQ Co. (NASDAQ:LKQ) Shares Sold by Check Capital Management Inc. CA

Check Capital Management Inc. CA reduced its stake in shares of LKQ Co. (NASDAQ:LKQ) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,590,037 shares of the auto parts company’s stock after selling 28,823 shares during the quarter. LKQ comprises approximately 1.7% of Check Capital Management Inc. CA’s portfolio, making the stock its 8th largest holding. Check Capital Management Inc. CA’s holdings in LKQ were worth $58,434,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. OLD Second National Bank of Aurora lifted its stake in LKQ by 0.7% in the fourth 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 acquiring an additional 287 shares during the last quarter. Private Trust Co. NA lifted its stake in LKQ by 31.2% in the third quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company’s stock valued at $50,000 after acquiring an additional 299 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in LKQ by 0.3% in the third quarter. Asset Management One Co. Ltd. now owns 103,156 shares of the auto parts company’s stock valued at $4,118,000 after acquiring an additional 306 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of LKQ by 9.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 4,841 shares of the auto parts company’s stock worth $178,000 after buying an additional 412 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in shares of LKQ by 7.0% in the third quarter. Van ECK Associates Corp now owns 7,372 shares of the auto parts company’s stock worth $279,000 after buying an additional 485 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on LKQ shares. StockNews.com upgraded shares of LKQ from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Stifel Nicolaus reduced their price objective on shares of LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, October 25th. JPMorgan Chase & Co. reduced their price objective on shares of LKQ from $50.00 to $48.00 and set an “overweight” rating for the company in a research note on Tuesday, February 11th. Barrington Research restated an “outperform” rating and issued a $60.00 price objective on shares of LKQ in a research note on Friday. Finally, Robert W. Baird reduced their price objective on shares of LKQ from $50.00 to $48.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $52.40.

LKQ Trading Up 1.3 %

Shares of LKQ stock opened at $39.11 on Friday. LKQ Co. has a 1 year low of $35.56 and a 1 year high of $53.68. The firm’s fifty day simple moving average is $37.49 and its 200 day simple moving average is $38.76. The firm has a market capitalization of $10.17 billion, a P/E ratio of 14.59 and a beta of 1.29. The company has a current ratio of 1.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69.

Insider Buying and Selling

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $36.14, for a total value of $180,700.00. Following the sale, the director now owns 369,462 shares of the company’s stock, valued at $13,352,356.68. The trade was a 1.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.55% of the stock is currently owned by insiders.

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.