LKQ Co. (NASDAQ:LKQ) Stock Position Raised by Blue Trust Inc.

Blue Trust Inc. increased its position in LKQ Co. (NASDAQ:LKQ) by 24.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,815 shares of the auto parts company’s stock after buying an additional 553 shares during the period. Blue Trust Inc.’s holdings in LKQ were worth $112,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Catalyst Capital Advisors LLC bought a new stake in shares of LKQ in the third quarter valued at approximately $25,000. Allworth Financial LP lifted its stake in LKQ by 94.2% during the third quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company’s stock worth $40,000 after purchasing an additional 490 shares during the period. Bruce G. Allen Investments LLC boosted its stake in LKQ by 33.5% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,151 shares of the auto parts company’s stock valued at $46,000 after buying an additional 289 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of 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 purchasing an additional 299 shares in the last quarter. Finally, Kennebec Savings Bank acquired a new stake in shares of LKQ during the third quarter worth approximately $57,000. Institutional investors and hedge funds own 95.63% of the company’s stock.

LKQ Price Performance

Shares of NASDAQ LKQ opened at $37.37 on Friday. LKQ Co. has a fifty-two week low of $35.56 and a fifty-two week high of $53.68. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.72 and a quick ratio of 0.67. The business has a 50-day moving average of $37.65 and a 200-day moving average of $38.96. The stock has a market capitalization of $9.71 billion, a price-to-earnings ratio of 13.94 and a beta of 1.29.

Wall Street Analyst Weigh In

A number of research firms recently commented on LKQ. Robert W. Baird decreased their price target on LKQ from $50.00 to $48.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus cut their price target on LKQ from $53.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. StockNews.com upgraded LKQ from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Finally, Barrington Research reiterated an “outperform” rating and issued a $60.00 target price on shares of LKQ in a report on Friday, October 25th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, LKQ has an average rating of “Buy” and a consensus price target of $53.80.

Insider Transactions at LKQ

In related news, Director Dominick P. Zarcone sold 5,000 shares of the company’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 represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.45% of the stock is 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.