LKQ Co. (NASDAQ:LKQ) is Hunter Perkins Capital Management LLC’s 10th Largest Position

Hunter Perkins Capital Management LLC raised its stake in shares of LKQ Co. (NASDAQ:LKQ) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 361,720 shares of the auto parts company’s stock after purchasing an additional 3,003 shares during the period. LKQ accounts for 2.8% of Hunter Perkins Capital Management LLC’s portfolio, making the stock its 10th largest position. Hunter Perkins Capital Management LLC owned about 0.14% of LKQ worth $13,293,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Bruce G. Allen Investments LLC grew its holdings in shares of LKQ by 33.5% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,151 shares of the auto parts company’s stock worth $46,000 after purchasing an additional 289 shares during the period. Private Trust Co. NA grew its stake in LKQ by 31.2% during the third quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company’s stock worth $50,000 after buying an additional 299 shares during the period. Asset Management One Co. Ltd. grew its stake in LKQ by 0.3% during the third quarter. Asset Management One Co. Ltd. now owns 103,156 shares of the auto parts company’s stock worth $4,118,000 after buying an additional 306 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of LKQ by 9.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 4,841 shares of the auto parts company’s stock valued at $178,000 after acquiring an additional 412 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of LKQ by 7.0% during the 3rd quarter. Van ECK Associates Corp now owns 7,372 shares of the auto parts company’s stock valued at $279,000 after acquiring an additional 485 shares in the last quarter. Hedge funds and other institutional investors own 95.63% of the company’s stock.

Analysts Set New Price Targets

LKQ has been the subject of several recent research reports. Stifel Nicolaus lowered their price target on LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a report on Friday, October 25th. Robert W. Baird dropped their target price on LKQ from $50.00 to $48.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. StockNews.com upgraded shares of LKQ from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Finally, Barrington Research reiterated an “outperform” rating and set a $60.00 target price on shares of LKQ in a research note on Friday, October 25th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, LKQ has an average rating of “Buy” and an average target price of $53.80.

Insider Activity at LKQ

In related news, Director Dominick P. Zarcone sold 5,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $36.84, for a total value of $184,200.00. Following the completion of the transaction, the director now owns 374,462 shares in the company, valued at $13,795,180.08. This represents a 1.32 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.55% of the stock is owned by insiders.

LKQ Stock Down 0.8 %

LKQ stock opened at $38.34 on Monday. The stock has a market cap of $9.97 billion, a PE ratio of 14.31 and a beta of 1.30. The firm’s 50-day simple moving average is $37.80 and its 200 day simple moving average is $39.32. LKQ Co. has a fifty-two week low of $35.56 and a fifty-two week high of $53.68. The company has a quick ratio of 0.67, a current ratio of 1.72 and a debt-to-equity ratio of 0.69.

LKQ (NASDAQ:LKQ) last released its quarterly earnings results on Thursday, October 24th. The auto parts company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. LKQ had a return on equity of 15.15% and a net margin of 4.90%. The company had revenue of $3.58 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. The business’s revenue for the quarter was up .4% compared to the same quarter last year. As a group, sell-side analysts predict that LKQ Co. will post 3.43 EPS for the current year.

LKQ Company 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.