Captrust Financial Advisors Grows Holdings in LKQ Co. (NASDAQ:LKQ)

Captrust Financial Advisors grew its holdings in LKQ Co. (NASDAQ:LKQ - Free Report) by 9.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,784 shares of the auto parts company's stock after buying an additional 7,439 shares during the quarter. Captrust Financial Advisors' holdings in LKQ were worth $3,116,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LKQ. Cromwell Holdings LLC boosted its stake in shares of LKQ by 81.0% during the 4th quarter. Cromwell Holdings LLC now owns 742 shares of the auto parts company's stock worth $27,000 after acquiring an additional 332 shares in the last quarter. CENTRAL TRUST Co increased its stake in 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 in the last quarter. Allworth Financial LP increased its position in shares of LKQ by 107.8% in the fourth quarter. Allworth Financial LP now owns 2,099 shares of the auto parts company's stock valued at $82,000 after buying an additional 1,089 shares in the last quarter. Blue Trust Inc. increased its position in shares of LKQ by 25.9% in the fourth quarter. Blue Trust Inc. now owns 2,847 shares of the auto parts company's stock valued at $105,000 after buying an additional 585 shares in the last quarter. Finally, Spire Wealth Management raised its stake in shares of LKQ by 92.5% during the 4th quarter. Spire Wealth Management now owns 2,890 shares of the auto parts company's stock worth $106,000 after buying an additional 1,389 shares during the last quarter. Institutional investors and hedge funds own 95.63% of the company's stock.

Analyst Upgrades and Downgrades

LKQ has been the topic of several research reports. StockNews.com upgraded shares of LKQ from a "hold" rating to a "buy" rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of LKQ from $48.00 to $49.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Finally, Barrington Research reissued an "outperform" rating and set a $60.00 price objective on shares of LKQ in a research note on Monday, April 21st. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, LKQ presently has an average rating of "Buy" and an average target price of $52.60.

Insider Buying and Selling

In related news, CEO Justin L. Jude bought 2,708 shares of the firm's stock in a transaction dated Friday, April 25th. The stock was bought at an average price of $36.99 per share, with a total value of $100,168.92. Following the completion of the transaction, the chief executive officer now directly owns 280,777 shares of the company's stock, valued at approximately $10,385,941.23. This represents a 0.97% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dominick P. Zarcone sold 5,000 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $38.02, for a total value of $190,100.00. Following the sale, the director now owns 316,135 shares in the company, valued at approximately $12,019,452.70. The trade was a 1.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,000 shares of company stock valued at $1,873,750. 0.55% of the stock is currently owned by corporate insiders.

LKQ Trading Down 0.1%

LKQ traded down $0.06 during midday trading on Wednesday, hitting $42.02. The company's stock had a trading volume of 2,529,907 shares, compared to its average volume of 2,290,881. LKQ Co. has a 52-week low of $35.56 and a 52-week high of $46.64. The firm has a 50-day moving average price of $40.91 and a two-hundred day moving average price of $39.26. The company has a current ratio of 1.71, a quick ratio of 0.67 and a debt-to-equity ratio of 0.68. The firm has a market cap of $10.85 billion, a P/E ratio of 16.04 and a beta of 0.98.

LKQ (NASDAQ:LKQ - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The auto parts company reported $0.79 earnings per share for the quarter, meeting analysts' consensus estimates of $0.79. The company had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.58 billion. LKQ had a net margin of 4.81% and a return on equity of 14.93%. LKQ's revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter last year, the business earned $0.82 EPS. On average, research analysts anticipate that LKQ Co. will post 3.57 earnings per share for the current year.

LKQ Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, May 15th. LKQ's dividend payout ratio is currently 44.78%.

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.