Mirae Asset Global Investments Co. Ltd. Has $1.16 Million Stake in LKQ Co. (NASDAQ:LKQ)

Mirae Asset Global Investments Co. Ltd. boosted its position in LKQ Co. (NASDAQ:LKQ) by 28.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,574 shares of the auto parts company’s stock after buying an additional 7,041 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in LKQ were worth $1,162,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Catalyst Capital Advisors LLC bought a new position in shares of LKQ in the 3rd quarter worth $25,000. Allworth Financial LP boosted its stake in shares of LKQ by 94.2% in the 3rd quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company’s stock worth $40,000 after buying an additional 490 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of 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 in the last quarter. Kennebec Savings Bank bought a new stake in LKQ during the third quarter worth $57,000. Finally, CENTRAL TRUST Co boosted its position in LKQ by 618.0% in the fourth quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company’s stock worth $61,000 after purchasing an additional 1,440 shares during the last quarter. Institutional investors own 95.63% of the company’s stock.

Analysts Set New Price Targets

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

Insider Activity at LKQ

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of the firm’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 completion of the transaction, the director now directly owns 369,462 shares of the company’s stock, valued at $13,352,356.68. This trade represents a 1.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.55% of the stock is currently owned by corporate insiders.

LKQ Trading Up 0.9 %

Shares of LKQ stock opened at $37.69 on Wednesday. LKQ Co. has a 1 year low of $35.56 and a 1 year high of $53.68. The company’s fifty day simple moving average is $37.53 and its two-hundred day simple moving average is $38.79. 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 stock has a market capitalization of $9.80 billion, a price-to-earnings ratio of 14.06 and a beta of 1.29.

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.