LKQ Co. (NASDAQ:LKQ) Shares Bought by Albert D Mason Inc.

Albert D Mason Inc. grew its holdings in LKQ Co. (NASDAQ:LKQ) by 33.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,151 shares of the auto parts company’s stock after buying an additional 10,533 shares during the period. Albert D Mason Inc.’s holdings in LKQ were worth $1,549,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Catalyst Capital Advisors LLC purchased a new position in LKQ during the third quarter worth approximately $25,000. Allworth Financial LP raised its holdings in shares of LKQ by 94.2% during the 3rd quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company’s stock worth $40,000 after acquiring an additional 490 shares during the period. Bruce G. Allen Investments LLC boosted its position in shares of LKQ by 33.5% during 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 acquiring an additional 289 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 purchasing an additional 299 shares during the period. Finally, Kennebec Savings Bank acquired a new stake in LKQ during the third quarter worth about $57,000. 95.63% of the stock is owned by hedge funds and other institutional investors.

LKQ Stock Performance

NASDAQ:LKQ opened at $38.46 on Friday. The stock has a market capitalization of $10.00 billion, a P/E ratio of 14.35 and a beta of 1.30. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.67 and a current ratio of 1.72. LKQ Co. has a fifty-two week low of $35.56 and a fifty-two week high of $53.68. The company has a 50 day moving average price of $37.80 and a 200 day moving average price of $39.45.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings data on Thursday, October 24th. The auto parts company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.65 billion. LKQ had a return on equity of 15.15% and a net margin of 4.90%. The company’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 earnings per share. Equities research analysts forecast that LKQ Co. will post 3.43 EPS for the current year.

LKQ Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.12%. LKQ’s dividend payout ratio (DPR) is presently 44.78%.

Wall Street Analysts Forecast Growth

LKQ has been the topic of several recent analyst reports. Stifel Nicolaus dropped their price target on shares of LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Barrington Research reiterated an “outperform” rating and issued a $60.00 price objective 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 note on Monday, November 18th. Finally, 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 note on Friday, October 25th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $53.80.

Insider Activity

In related news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $36.84, for a total transaction of $184,200.00. Following the completion of the transaction, the director now directly owns 374,462 shares of the company’s stock, valued at $13,795,180.08. The trade was a 1.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.45% of the company’s stock.

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.