John S. Quinn Sells 10,301 Shares of LKQ Co. (LKQ) Stock

LKQ Co. (NASDAQ:LKQ) EVP John S. Quinn sold 10,301 shares of LKQ stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $43.24, for a total transaction of $445,415.24. Following the completion of the transaction, the executive vice president now directly owns 296,765 shares in the company, valued at $12,832,118.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

LKQ Co. (NASDAQ:LKQ) opened at $42.96 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.10 and a current ratio of 2.82. LKQ Co. has a 12 month low of $27.85 and a 12 month high of $43.75. The firm has a market cap of $13,360.00, a price-to-earnings ratio of 27.02, a PEG ratio of 1.26 and a beta of 0.97.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.03. LKQ had a net margin of 5.27% and a return on equity of 15.10%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.35 billion. During the same period in the prior year, the company posted $0.41 EPS. The business’s revenue for the quarter was up 11.7% on a year-over-year basis. research analysts predict that LKQ Co. will post 1.89 earnings per share for the current year.

Several large investors have recently bought and sold shares of LKQ. Janus Henderson Group PLC grew its stake in shares of LKQ by 106.7% during the 3rd quarter. Janus Henderson Group PLC now owns 2,508,044 shares of the auto parts company’s stock worth $90,264,000 after purchasing an additional 1,294,439 shares during the period. Frontier Capital Management Co. LLC grew its stake in shares of LKQ by 32.3% during the 4th quarter. Frontier Capital Management Co. LLC now owns 3,113,705 shares of the auto parts company’s stock worth $126,634,000 after purchasing an additional 760,466 shares during the period. National Pension Service acquired a new position in shares of LKQ during the 4th quarter worth $15,472,000. Fairpointe Capital LLC grew its stake in shares of LKQ by 9.0% during the 2nd quarter. Fairpointe Capital LLC now owns 3,199,715 shares of the auto parts company’s stock worth $105,430,000 after purchasing an additional 264,587 shares during the period. Finally, Canada Pension Plan Investment Board grew its stake in shares of LKQ by 152.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 282,493 shares of the auto parts company’s stock worth $10,167,000 after purchasing an additional 170,401 shares during the period. 91.53% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have issued reports on the stock. BidaskClub raised shares of LKQ from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 6th. Robert W. Baird reissued a “buy” rating and issued a $42.00 price objective on shares of LKQ in a research note on Friday, October 27th. Wolfe Research assumed coverage on shares of LKQ in a research note on Tuesday, November 7th. They issued an “outperform” rating on the stock. Stifel Nicolaus reissued a “buy” rating and issued a $44.00 price objective on shares of LKQ in a research note on Monday, December 11th. Finally, Jefferies Group reissued a “buy” rating and issued a $43.00 price objective on shares of LKQ in a research note on Sunday, October 29th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. LKQ has a consensus rating of “Buy” and a consensus target price of $43.89.

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LKQ Company Profile

LKQ Corporation (LKQ) is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.

Insider Buying and Selling by Quarter for LKQ (NASDAQ:LKQ)

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