John S. Quinn Sells 10,721 Shares of LKQ Co. (NASDAQ:LKQ) Stock

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LKQ Co. (NASDAQ:LKQ) EVP John S. Quinn sold 10,721 shares of the company’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $27.04, for a total transaction of $289,895.84. Following the completion of the transaction, the executive vice president now owns 254,674 shares of the company’s stock, valued at $6,886,384.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

LKQ stock opened at $25.68 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.36 and a quick ratio of 0.99. The company has a market capitalization of $8.47 billion, a P/E ratio of 11.73, a PEG ratio of 0.87 and a beta of 1.33. The stock has a fifty day simple moving average of $26.39. LKQ Co. has a twelve month low of $22.74 and a twelve month high of $36.10.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings results on Thursday, April 25th. The auto parts company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. The business had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.14 billion. LKQ had a net margin of 3.47% and a return on equity of 14.39%. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.55 earnings per share. As a group, analysts predict that LKQ Co. will post 2.38 earnings per share for the current year.

Several research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Green Brick Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. Raymond James set a $33.00 target price on shares of LKQ and gave the stock a “buy” rating in a research report on Friday, April 26th. BidaskClub lowered shares of Ames National from a “hold” rating to a “sell” rating in a research report on Wednesday. TheStreet lowered shares of USD Partners from a “b-” rating to a “c+” rating in a research report on Friday, May 10th. Finally, Barrington Research set a $43.00 target price on shares of LKQ and gave the stock a “buy” rating in a research report on Monday, April 22nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $36.50.

Institutional investors have recently bought and sold shares of the business. Creative Planning bought a new stake in LKQ in the first quarter worth $260,000. Bank of America Corp DE lifted its stake in LKQ by 34.0% in the fourth quarter. Bank of America Corp DE now owns 975,422 shares of the auto parts company’s stock worth $23,147,000 after purchasing an additional 247,407 shares during the last quarter. Advisor Group Inc. lifted its stake in LKQ by 12.8% in the fourth quarter. Advisor Group Inc. now owns 18,387 shares of the auto parts company’s stock worth $437,000 after purchasing an additional 2,084 shares during the last quarter. CSat Investment Advisory L.P. lifted its stake in LKQ by 120.5% in the fourth quarter. CSat Investment Advisory L.P. now owns 1,290 shares of the auto parts company’s stock worth $31,000 after purchasing an additional 705 shares during the last quarter. Finally, Legacy Private Trust Co. lifted its stake in LKQ by 74.4% in the first quarter. Legacy Private Trust Co. now owns 47,150 shares of the auto parts company’s stock worth $1,338,000 after purchasing an additional 20,110 shares during the last quarter. 89.76% of the stock is owned by institutional investors and hedge funds.

About LKQ

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates in 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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