Dominick P. Zarcone Sells 5,000 Shares of LKQ Co. (NASDAQ:LKQ) Stock

LKQ Co. (NASDAQ:LKQ) Director Dominick P. Zarcone sold 5,000 shares of the 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 sale, the director now directly owns 369,462 shares of the company’s stock, valued at $13,352,356.68. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

LKQ Trading Down 0.1 %

Shares of LKQ stock opened at $36.92 on Wednesday. LKQ Co. has a 1 year low of $35.56 and a 1 year high of $53.68. The firm has a market cap of $9.60 billion, a PE ratio of 13.78 and a beta of 1.29. The stock has a fifty day moving average price of $37.73 and a 200-day moving average price of $38.98. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.72 and a quick ratio of 0.67.

Analyst Ratings Changes

A number of equities research analysts recently commented on LKQ shares. Barrington Research reissued an “outperform” rating and issued a $60.00 price target on shares of LKQ in a research report on Friday, October 25th. StockNews.com raised LKQ from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Robert W. Baird lowered their price target 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, Stifel Nicolaus decreased their target price on LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $53.80.

Institutional Investors Weigh In On LKQ

Several large investors have recently made changes to their positions in LKQ. Nordea Investment Management AB grew its stake in shares of LKQ by 11.0% during the 4th quarter. Nordea Investment Management AB now owns 8,406,444 shares of the auto parts company’s stock worth $309,609,000 after acquiring an additional 833,519 shares during the period. Pacer Advisors Inc. grew its stake in shares of LKQ by 112.9% during the 4th quarter. Pacer Advisors Inc. now owns 42,563 shares of the auto parts company’s stock worth $1,564,000 after acquiring an additional 22,575 shares during the period. Rehmann Capital Advisory Group bought a new position in shares of LKQ during the 3rd quarter worth $634,000. Quantbot Technologies LP grew its stake in shares of LKQ by 27,310.6% during the 3rd quarter. Quantbot Technologies LP now owns 64,415 shares of the auto parts company’s stock worth $2,571,000 after acquiring an additional 64,180 shares during the period. Finally, Albert D Mason Inc. grew its stake in shares of LKQ by 33.3% during the 4th quarter. Albert D Mason Inc. now owns 42,151 shares of the auto parts company’s stock worth $1,549,000 after acquiring an additional 10,533 shares during the period. 95.63% of the stock is owned by hedge funds and other institutional investors.

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.