LKQ Co. (NASDAQ:LKQ) Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D increased its holdings in LKQ Co. (NASDAQ:LKQFree Report) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,146 shares of the auto parts company’s stock after purchasing an additional 2,467 shares during the period. State of New Jersey Common Pension Fund D owned 0.05% of LKQ worth $6,889,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of LKQ by 1.3% in the first quarter. Vanguard Group Inc. now owns 27,471,700 shares of the auto parts company’s stock worth $1,247,489,000 after acquiring an additional 357,868 shares in the last quarter. BlackRock Inc. increased its holdings in LKQ by 1.8% in the second quarter. BlackRock Inc. now owns 22,373,336 shares of the auto parts company’s stock valued at $1,303,694,000 after buying an additional 387,486 shares during the last quarter. State Street Corp increased its holdings in LKQ by 4.4% in the second quarter. State Street Corp now owns 11,059,871 shares of the auto parts company’s stock valued at $644,459,000 after buying an additional 464,859 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in LKQ by 4.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 8,619,776 shares of the auto parts company’s stock valued at $426,765,000 after buying an additional 364,732 shares during the last quarter. Finally, Morgan Stanley increased its holdings in LKQ by 271.9% in the fourth quarter. Morgan Stanley now owns 8,612,434 shares of the auto parts company’s stock valued at $459,990,000 after buying an additional 6,296,379 shares during the last quarter. Institutional investors and hedge funds own 93.67% of the company’s stock.

Insider Activity

In other news, Director Blythe J. Mcgarvie sold 5,564 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $46.82, for a total transaction of $260,506.48. Following the completion of the transaction, the director now directly owns 23,880 shares of the company’s stock, valued at $1,118,061.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Varun Laroyia sold 35,000 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $45.99, for a total value of $1,609,650.00. Following the completion of the transaction, the chief executive officer now directly owns 153,805 shares of the company’s stock, valued at approximately $7,073,491.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Blythe J. Mcgarvie sold 5,564 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $46.82, for a total value of $260,506.48. Following the completion of the transaction, the director now directly owns 23,880 shares of the company’s stock, valued at $1,118,061.60. The disclosure for this sale can be found here. Corporate insiders own 0.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on LKQ shares. StockNews.com raised LKQ from a “hold” rating to a “buy” rating in a report on Saturday. JPMorgan Chase & Co. lowered their price objective on LKQ from $65.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 25th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $66.00 price objective on shares of LKQ in a report on Tuesday, November 28th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, LKQ currently has a consensus rating of “Buy” and an average price target of $64.67.

Check Out Our Latest Stock Report on LKQ

LKQ Stock Up 2.6 %

NASDAQ:LKQ opened at $49.17 on Tuesday. The firm has a market capitalization of $13.16 billion, a PE ratio of 13.81 and a beta of 1.27. The stock has a 50 day moving average of $47.13 and a 200-day moving average of $48.51. LKQ Co. has a 52 week low of $41.49 and a 52 week high of $59.38. The company has a current ratio of 1.49, a quick ratio of 0.64 and a debt-to-equity ratio of 0.63.

LKQ Company Profile

(Free Report)

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 automotive glass products, such as windshields; 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.

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Institutional Ownership by Quarter for LKQ (NASDAQ:LKQ)

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