WINTON GROUP Ltd Purchases Shares of 158,161 LKQ Co. (NASDAQ:LKQ)

WINTON GROUP Ltd bought a new stake in shares of LKQ Co. (NASDAQ:LKQ) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 158,161 shares of the auto parts company’s stock, valued at approximately $5,812,000.

Several other institutional investors and hedge funds have also modified their holdings of LKQ. Cromwell Holdings LLC grew its stake in LKQ by 81.0% in the fourth quarter. Cromwell Holdings LLC now owns 742 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 332 shares in the last quarter. Private Trust Co. NA grew its stake in shares of LKQ by 31.2% in the 3rd quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company’s stock valued at $50,000 after buying an additional 299 shares in the last quarter. CENTRAL TRUST Co lifted its stake in shares of LKQ by 618.0% in the 4th quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company’s stock valued at $61,000 after purchasing an additional 1,440 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in LKQ in the third quarter worth $81,000. Finally, Allworth Financial LP increased its position in LKQ by 107.8% during the fourth quarter. Allworth Financial LP now owns 2,099 shares of the auto parts company’s stock worth $82,000 after buying an additional 1,089 shares during the last quarter. 95.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LKQ has been the subject of several recent analyst reports. Barrington Research reiterated an “outperform” rating and set a $60.00 price target on shares of LKQ in a research note on Thursday, February 20th. JPMorgan Chase & Co. increased their price target on LKQ from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, StockNews.com upgraded shares of LKQ from a “hold” rating to a “buy” rating in a research note on Thursday, March 20th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $52.60.

Insider Activity at LKQ

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $36.84, for a total value of $184,200.00. Following the sale, the director now owns 374,462 shares of the company’s stock, valued at $13,795,180.08. The trade was a 1.32 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold 35,000 shares of company stock worth $1,416,300 over the last three months. Company insiders own 0.55% of the company’s stock.

LKQ Stock Performance

Shares of NASDAQ LKQ opened at $40.99 on Thursday. LKQ Co. has a 12 month low of $35.56 and a 12 month high of $53.68. The company has a quick ratio of 0.67, a current ratio of 1.71 and a debt-to-equity ratio of 0.68. The company has a market cap of $10.62 billion, a P/E ratio of 15.65 and a beta of 1.28. The business’s 50 day moving average is $40.02 and its two-hundred day moving average is $38.93.

LKQ (NASDAQ:LKQ) last released its earnings results on Thursday, February 20th. The auto parts company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.76 by $0.04. The firm had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $3.42 billion. LKQ had a net margin of 4.81% and a return on equity of 14.93%. On average, equities analysts expect that LKQ Co. will post 3.57 EPS for the current year.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Thursday, March 13th. LKQ’s dividend payout ratio (DPR) is presently 45.80%.

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.