Janus Henderson Group PLC Has $39.47 Million Stock Position in LKQ Co. (NASDAQ:LKQ)

Janus Henderson Group PLC boosted its holdings in LKQ Co. (NASDAQ:LKQ - Free Report) by 36.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,073,932 shares of the auto parts company's stock after buying an additional 285,379 shares during the period. Janus Henderson Group PLC owned approximately 0.41% of LKQ worth $39,467,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cromwell Holdings LLC boosted its holdings in LKQ by 81.0% in 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 during the period. CENTRAL TRUST Co lifted its position in shares of LKQ by 618.0% during the fourth quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company's stock worth $61,000 after purchasing an additional 1,440 shares in the last quarter. Allworth Financial LP boosted its stake 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 purchasing an additional 1,089 shares during the period. Blue Trust Inc. grew its holdings in LKQ by 25.9% during the 4th quarter. Blue Trust Inc. now owns 2,847 shares of the auto parts company's stock valued at $105,000 after purchasing an additional 585 shares in the last quarter. Finally, Spire Wealth Management grew its holdings in LKQ by 92.5% during the 4th quarter. Spire Wealth Management now owns 2,890 shares of the auto parts company's stock valued at $106,000 after purchasing an additional 1,389 shares in the last quarter. 95.63% of the stock is owned by institutional investors and hedge funds.

LKQ Stock Down 0.3%

Shares of LKQ stock traded down $0.12 during trading hours on Tuesday, hitting $42.21. 236,291 shares of the company were exchanged, compared to its average volume of 2,266,250. The stock has a market capitalization of $10.90 billion, a price-to-earnings ratio of 16.12 and a beta of 0.98. LKQ Co. has a one year low of $35.56 and a one year high of $46.64. The business's 50-day simple moving average is $40.86 and its two-hundred day simple moving average is $39.40. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.67 and a current ratio of 1.71.

LKQ (NASDAQ:LKQ - Get Free Report) last released its earnings results on Thursday, April 24th. The auto parts company reported $0.79 EPS for the quarter, hitting analysts' consensus estimates of $0.79. LKQ had a return on equity of 14.93% and a net margin of 4.81%. The company had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter last year, the business posted $0.82 EPS. LKQ's quarterly revenue was down 6.5% compared to the same quarter last year. Sell-side analysts predict that LKQ Co. will post 3.57 EPS for the current fiscal year.

LKQ Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be given a $0.30 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.20 annualized dividend and a yield of 2.84%. LKQ's dividend payout ratio is presently 44.78%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LKQ. StockNews.com raised shares of LKQ from a "hold" rating to a "buy" rating in a research report on Tuesday, May 13th. Barrington Research reiterated an "outperform" rating and issued a $60.00 price target on shares of LKQ in a research note on Monday, April 21st. Finally, JPMorgan Chase & Co. raised their price objective on LKQ from $48.00 to $49.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $52.60.

Insider Buying and Selling at LKQ

In other news, CEO Justin L. Jude bought 2,708 shares of the company's stock in a transaction that occurred on Friday, April 25th. The shares were purchased at an average price of $36.99 per share, with a total value of $100,168.92. Following the completion of the acquisition, the chief executive officer now directly owns 280,777 shares in the company, valued at approximately $10,385,941.23. This trade represents a 0.97% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dominick P. Zarcone sold 15,000 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $42.32, for a total transaction of $634,800.00. Following the completion of the sale, the director now directly owns 336,135 shares of the company's stock, valued at $14,225,233.20. The trade was a 4.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 45,000 shares of company stock valued at $1,873,750 in the last ninety days. Company insiders own 0.55% of the company's stock.

About LKQ

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.