National Investment Services Inc. WI cut its position in LKQ Co. (NASDAQ:LKQ) by 2.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,822 shares of the auto parts company’s stock after selling 1,345 shares during the period. National Investment Services Inc. WI’s holdings in LKQ were worth $1,751,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of LKQ. BlackRock Institutional Trust Company N.A. raised its position in shares of LKQ by 1.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 7,917,693 shares of the auto parts company’s stock worth $280,761,000 after buying an additional 102,303 shares during the last quarter. BlackRock Fund Advisors raised its position in shares of LKQ by 2.4% in the third quarter. BlackRock Fund Advisors now owns 4,964,533 shares of the auto parts company’s stock worth $176,042,000 after buying an additional 118,628 shares during the last quarter. Northern Trust Corp raised its position in shares of LKQ by 1.4% in the third quarter. Northern Trust Corp now owns 4,024,097 shares of the auto parts company’s stock worth $142,694,000 after buying an additional 57,237 shares during the last quarter. Frontier Capital Management Co. LLC raised its position in shares of LKQ by 3.5% in the fourth quarter. Frontier Capital Management Co. LLC now owns 3,973,360 shares of the auto parts company’s stock worth $121,783,000 after buying an additional 133,895 shares during the last quarter. Finally, Eaton Vance Management raised its position in shares of LKQ by 130.3% in the third quarter. Eaton Vance Management now owns 1,998,905 shares of the auto parts company’s stock worth $70,881,000 after buying an additional 1,130,834 shares during the last quarter. Institutional investors and hedge funds own 88.66% of the company’s stock.

Institutional Ownership by Quarter for LKQ (NASDAQ:LKQ)

Shares of LKQ Co. (NASDAQ:LKQ) traded up 0.28% on Tuesday, hitting $28.16. 908,799 shares of the company were exchanged. The firm’s 50-day moving average is $29.75 and its 200-day moving average is $31.63. The stock has a market capitalization of $8.67 billion, a PE ratio of 18.84 and a beta of 0.51. LKQ Co. has a 52-week low of $27.85 and a 52-week high of $36.35.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, February 23rd. The auto parts company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by $0.01. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.27 billion. LKQ had a net margin of 5.48% and a return on equity of 16.41%. The company’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 earnings per share. Equities research analysts predict that LKQ Co. will post $1.86 earnings per share for the current year.

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A number of brokerages have recently weighed in on LKQ. Zacks Investment Research upgraded LKQ from a “sell” rating to a “hold” rating in a research report on Thursday, December 29th. William Blair restated an “outperform” rating on shares of LKQ in a research report on Monday, February 27th. Finally, JPMorgan Chase & Co. began coverage on LKQ in a research report on Tuesday, February 21st. They set an “overweight” rating and a $41.00 price objective for the company. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. LKQ presently has a consensus rating of “Buy” and an average target price of $39.50.

In other LKQ news, EVP John S. Quinn sold 8,522 shares of the company’s stock in a transaction dated Monday, February 27th. The shares were sold at an average price of $31.67, for a total value of $269,891.74. Following the completion of the transaction, the executive vice president now owns 269,197 shares in the company, valued at $8,525,468.99. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John S. Quinn sold 16,376 shares of the company’s stock in a transaction dated Thursday, January 19th. The stock was sold at an average price of $31.69, for a total transaction of $518,955.44. Following the completion of the transaction, the executive vice president now owns 277,660 shares of the company’s stock, valued at approximately $8,799,045.40. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

About LKQ

LKQ Corporation (LKQ) is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.

5 Day Chart for NASDAQ:LKQ

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