Amundi Pioneer Asset Management Inc. lifted its position in LKQ Co. (NASDAQ:LKQ) by 134.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 531,660 shares of the auto parts company’s stock after purchasing an additional 304,940 shares during the quarter. Amundi Pioneer Asset Management Inc. owned about 0.17% of LKQ worth $21,622,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Calton & Associates Inc. purchased a new position in shares of LKQ in the fourth quarter worth about $116,000. First Personal Financial Services raised its stake in shares of LKQ by 194.0% in the fourth quarter. First Personal Financial Services now owns 3,852 shares of the auto parts company’s stock worth $157,000 after purchasing an additional 2,542 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of LKQ by 1,773.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,572 shares of the auto parts company’s stock worth $186,000 after purchasing an additional 4,328 shares during the last quarter. YHB Investment Advisors Inc. purchased a new position in shares of LKQ in the fourth quarter worth about $203,000. Finally, AE Wealth Management LLC purchased a new position in LKQ during the fourth quarter valued at approximately $203,000. Hedge funds and other institutional investors own 93.85% of the company’s stock.
Shares of LKQ Co. (NASDAQ LKQ) opened at $39.33 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.89 and a quick ratio of 1.09. LKQ Co. has a 1-year low of $27.85 and a 1-year high of $43.86. The company has a market capitalization of $12,150.00, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96.
Several brokerages recently weighed in on LKQ. Zacks Investment Research cut LKQ from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Northcoast Research upgraded LKQ from a “neutral” rating to a “buy” rating in a research report on Monday, February 12th. Jefferies Group reiterated a “buy” rating on shares of LKQ in a research report on Thursday, December 14th. B. Riley reiterated a “buy” rating and set a $41.00 price target on shares of LKQ in a research report on Tuesday, December 12th. Finally, Barrington Research reiterated a “buy” rating and set a $45.00 price target on shares of LKQ in a research report on Monday, February 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $44.78.
In other news, EVP John S. Quinn sold 7,501 shares of LKQ stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $39.76, for a total value of $298,239.76. Following the sale, the executive vice president now directly owns 270,218 shares of the company’s stock, valued at $10,743,867.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Michael S. Clark sold 7,500 shares of LKQ stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $40.07, for a total value of $300,525.00. Following the completion of the sale, the vice president now directly owns 61,860 shares in the company, valued at $2,478,730.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,302 shares of company stock worth $2,107,930. 1.10% of the stock is owned by corporate insiders.
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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.
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