LKQ Co. (NASDAQ:LKQ) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC cut its holdings in LKQ Co. (NASDAQ:LKQ) by 23.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,408 shares of the auto parts company’s stock after selling 7,652 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in LKQ were worth $897,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in LKQ. Cromwell Holdings LLC raised its holdings in shares of LKQ by 81.0% during the fourth quarter. Cromwell Holdings LLC now owns 742 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 332 shares during the period. CENTRAL TRUST Co increased its holdings in shares of LKQ by 618.0% in the 4th 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 period. Wilmington Savings Fund Society FSB purchased a new stake in shares of LKQ in the third quarter worth approximately $81,000. Allworth Financial LP boosted its holdings in shares of LKQ by 107.8% during the fourth quarter. Allworth Financial LP now owns 2,099 shares of the auto parts company’s stock worth $82,000 after purchasing an additional 1,089 shares during the period. Finally, Blue Trust Inc. grew its position in LKQ by 25.9% during the fourth quarter. Blue Trust Inc. now owns 2,847 shares of the auto parts company’s stock valued at $105,000 after purchasing an additional 585 shares in the last quarter. 95.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

LKQ Stock Down 4.3 %

LKQ stock opened at $39.51 on Tuesday. The firm has a market cap of $10.22 billion, a PE ratio of 15.08 and a beta of 1.09. LKQ Co. has a 1 year low of $35.56 and a 1 year high of $52.06. The company has a fifty day simple moving average of $40.53 and a 200 day simple moving average of $39.02. The company has a current ratio of 1.71, a quick ratio of 0.67 and a debt-to-equity ratio of 0.68.

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

LKQ Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend was Thursday, March 13th. LKQ’s dividend payout ratio is 45.80%.

Insider Activity

In other news, Director Dominick P. Zarcone sold 15,000 shares of LKQ stock in a transaction dated 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 in the company, valued at approximately $13,535,840.25. The trade was a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 45,000 shares of company stock valued at $1,864,350 over the last 90 days. 0.55% of the stock is currently owned by company insiders.

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.