LKQ Co. (NASDAQ:LKQ) Shares Purchased by Cromwell Holdings LLC

Cromwell Holdings LLC raised its stake in shares of LKQ Co. (NASDAQ:LKQ) by 81.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 742 shares of the auto parts company’s stock after buying an additional 332 shares during the period. Cromwell Holdings LLC’s holdings in LKQ were worth $27,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of LKQ. Catalyst Capital Advisors LLC bought a new position in shares of LKQ during the 3rd quarter valued at about $25,000. Allworth Financial LP boosted its position 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 valued at $40,000 after purchasing an additional 490 shares in the last quarter. Private Trust Co. NA boosted its position in shares of LKQ by 31.2% during the 3rd 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 in the last quarter. Kennebec Savings Bank bought a new position in shares of LKQ during the 3rd quarter valued at about $57,000. Finally, CENTRAL TRUST Co boosted its position in shares of LKQ by 618.0% during the 4th quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company’s stock valued at $61,000 after purchasing an additional 1,440 shares in the last quarter. Institutional investors and hedge funds own 95.63% of the company’s stock.

LKQ Stock Performance

Shares of LKQ opened at $41.75 on Friday. 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 cap of $10.85 billion, a price-to-earnings ratio of 15.58 and a beta of 1.29. The company has a 50-day moving average of $37.58 and a two-hundred day moving average of $38.75. LKQ Co. has a one year low of $35.56 and a one year high of $53.68.

LKQ (NASDAQ:LKQ) last announced its quarterly earnings data on Thursday, February 20th. The auto parts company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04. LKQ had a net margin of 4.90% and a return on equity of 15.15%. On average, equities research analysts expect that LKQ Co. will post 3.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LKQ. Stifel Nicolaus reduced their price objective on shares of LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, October 25th. StockNews.com lowered shares of LKQ from a “buy” rating to a “hold” rating in a research report on Thursday. JPMorgan Chase & Co. decreased their target price on shares of LKQ from $50.00 to $48.00 and set an “overweight” rating for the company in a report on Tuesday, February 11th. Barrington Research reiterated an “outperform” rating and issued a $60.00 target price on shares of LKQ in a report on Thursday. Finally, Robert W. Baird decreased their target price on shares of LKQ from $50.00 to $48.00 and set an “outperform” rating for the company in a report on Friday, October 25th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, LKQ presently has an average rating of “Moderate Buy” and an average price target of $52.40.

Insider Activity at LKQ

In related news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $36.14, for a total transaction of $180,700.00. Following the transaction, the director now directly owns 369,462 shares of the company’s stock, valued at approximately $13,352,356.68. The trade was a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders have sold 20,000 shares of company stock valued at $781,500. Corporate insiders own 0.55% 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.