Livforsakringsbolaget Skandia Omsesidigt Has $74,000 Position in LKQ Co. (NASDAQ:LKQ)

Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of LKQ Co. (NASDAQ:LKQ) by 146.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,543 shares of the auto parts company’s stock after purchasing an additional 916 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in LKQ were worth $74,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LKQ. OFI Invest Asset Management acquired a new position in LKQ during the third quarter valued at approximately $26,000. CVA Family Office LLC acquired a new position in shares of LKQ in the fourth quarter valued at approximately $26,000. Clear Street Markets LLC boosted its holdings in shares of LKQ by 94.1% in the first quarter. Clear Street Markets LLC now owns 497 shares of the auto parts company’s stock valued at $28,000 after buying an additional 241 shares during the period. Covestor Ltd boosted its holdings in shares of LKQ by 81.1% in the first quarter. Covestor Ltd now owns 623 shares of the auto parts company’s stock valued at $28,000 after buying an additional 279 shares during the period. Finally, Private Trust Co. NA boosted its holdings in shares of LKQ by 228.4% in the fourth quarter. Private Trust Co. NA now owns 647 shares of the auto parts company’s stock valued at $31,000 after buying an additional 450 shares during the period. Institutional investors and hedge funds own 95.63% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on LKQ. JPMorgan Chase & Co. reduced their price target on shares of LKQ from $65.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 25th. Stifel Nicolaus reiterated a “buy” rating and issued a $66.00 price target on shares of LKQ in a report on Tuesday, April 9th. StockNews.com cut shares of LKQ from a “buy” rating to a “hold” rating in a report on Friday, February 23rd. Finally, Barrington Research reissued an “outperform” rating and issued a $60.00 price objective on shares of LKQ in a research report on Friday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.50.

LKQ Stock Performance

NASDAQ LKQ opened at $49.12 on Friday. The firm has a market capitalization of $13.10 billion, a P/E ratio of 14.03 and a beta of 1.28. The firm’s fifty day moving average price is $51.22 and its two-hundred day moving average price is $48.36. LKQ Co. has a 1 year low of $41.49 and a 1 year high of $59.38. The company has a current ratio of 1.47, a quick ratio of 0.53 and a debt-to-equity ratio of 0.59.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings data on Thursday, February 22nd. The auto parts company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.08. The company had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.52 billion. LKQ had a net margin of 6.75% and a return on equity of 17.24%. The company’s revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.78 earnings per share. As a group, research analysts anticipate that LKQ Co. will post 4.07 EPS for the current year.

LKQ Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $1.20 annualized dividend and a dividend yield of 2.44%. LKQ’s dividend payout ratio (DPR) is presently 34.29%.

Insider Activity at LKQ

In related news, CEO Dominick P. Zarcone sold 200,000 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $51.97, for a total value of $10,394,000.00. Following the transaction, the chief executive officer now directly owns 386,522 shares in the company, valued at $20,087,548.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.55% of the stock is currently owned by corporate insiders.

About LKQ

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.