7,644 Shares in LKQ Co. (NASDAQ:LKQ) Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new stake in LKQ Co. (NASDAQ:LKQ - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,644 shares of the auto parts company's stock, valued at approximately $281,000.

Other large investors have also added to or reduced their stakes in the company. Ananym Capital Management LP bought a new position in LKQ during the 4th quarter worth approximately $23,910,000. PharVision Advisers LLC acquired a new stake in LKQ in the 4th quarter valued at $356,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in LKQ by 6.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,566,608 shares of the auto parts company's stock valued at $94,323,000 after purchasing an additional 160,298 shares during the period. Voloridge Investment Management LLC boosted its holdings in LKQ by 131.4% during the 4th quarter. Voloridge Investment Management LLC now owns 853,428 shares of the auto parts company's stock worth $31,363,000 after acquiring an additional 484,541 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC boosted its holdings in LKQ by 716.6% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 207,511 shares of the auto parts company's stock worth $7,626,000 after acquiring an additional 182,099 shares during the last quarter. Institutional investors own 95.63% of the company's stock.

Insider Buying and Selling

In related news, CEO Justin L. Jude purchased 2,708 shares of the stock in a transaction dated Friday, April 25th. The stock was purchased at an average price of $36.99 per share, with a total value of $100,168.92. Following the transaction, the chief executive officer now directly owns 280,777 shares in the company, valued at $10,385,941.23. This trade represents a 0.97% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dominick P. Zarcone sold 15,000 shares of LKQ stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $42.15, for a total value of $632,250.00. Following the completion of the transaction, the director now directly owns 321,135 shares of the company's stock, valued at approximately $13,535,840.25. This represents a 4.46% decrease in their position. The disclosure for this sale can be found here. Insiders sold 35,000 shares of company stock valued at $1,457,150 over the last quarter. 0.55% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

LKQ has been the topic of a number of analyst reports. Barrington Research reaffirmed an "outperform" rating and set a $60.00 price objective on shares of LKQ in a report on Monday, April 21st. JPMorgan Chase & Co. increased 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, Wall Street Zen downgraded shares of LKQ from a "buy" rating to a "hold" rating in a report on Wednesday, May 21st. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $52.60.

LKQ Price Performance

NASDAQ LKQ traded up $0.30 on Friday, reaching $40.58. 5,871,315 shares of the company's stock traded hands, compared to its average volume of 2,291,065. LKQ Co. has a 12 month low of $35.56 and a 12 month high of $46.64. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.71 and a quick ratio of 0.67. The stock has a 50-day simple moving average of $40.72 and a 200 day simple moving average of $39.51. The stock has a market cap of $10.48 billion, a PE ratio of 15.49 and a beta of 0.98.

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

LKQ Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date was Thursday, May 15th. LKQ's payout ratio is 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.