V Square Quantitative Management LLC Purchases 2,225 Shares of LKQ Co. (NASDAQ:LKQ)

V Square Quantitative Management LLC increased its position in shares of LKQ Co. (NASDAQ:LKQ) by 17.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 14,872 shares of the auto parts company’s stock after buying an additional 2,225 shares during the period. V Square Quantitative Management LLC’s holdings in LKQ were worth $547,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Catalyst Capital Advisors LLC acquired a new position in LKQ during the third quarter valued at approximately $25,000. Allworth Financial LP boosted its position in LKQ by 94.2% during the third quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company’s stock valued at $40,000 after purchasing an additional 490 shares during the last quarter. Private Trust Co. NA boosted its position in LKQ by 31.2% during the third quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company’s stock valued at $50,000 after purchasing an additional 299 shares during the last quarter. Kennebec Savings Bank acquired a new position in LKQ during the third quarter valued at approximately $57,000. Finally, CENTRAL TRUST Co boosted its position in LKQ by 618.0% during the fourth quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company’s stock valued at $61,000 after purchasing an additional 1,440 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Dominick P. Zarcone sold 5,000 shares of LKQ stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $36.14, for a total transaction of $180,700.00. Following the completion of the sale, the director now directly owns 369,462 shares of the company’s stock, valued at approximately $13,352,356.68. This trade represents a 1.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.55% of the stock is currently owned by insiders.

LKQ Stock Performance

NASDAQ:LKQ opened at $39.11 on Friday. The stock has a market cap of $10.17 billion, a P/E ratio of 14.59 and a beta of 1.29. The stock has a 50 day simple moving average of $37.49 and a 200 day simple moving average of $38.76. 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 1-year low of $35.56 and a 1-year high of $53.68.

Analyst Upgrades and Downgrades

LKQ has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on LKQ from $50.00 to $48.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. Barrington Research reissued an “outperform” rating and set a $60.00 price target on shares of LKQ in a research report on Friday. Stifel Nicolaus cut their price objective on LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Robert W. Baird cut their price objective on LKQ from $50.00 to $48.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, StockNews.com raised LKQ from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $52.40.

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.