LKQ Co. (NASDAQ:LKQ) Shares Sold by Strategic Blueprint LLC

Strategic Blueprint LLC lowered its holdings in LKQ Co. (NASDAQ:LKQ) by 13.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,775 shares of the auto parts company’s stock after selling 935 shares during the period. Strategic Blueprint LLC’s holdings in LKQ were worth $212,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling

In related news, Director Dominick P. Zarcone sold 5,000 shares of LKQ stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $36.84, for a total value of $184,200.00. Following the transaction, the director now owns 374,462 shares of the company’s stock, valued at approximately $13,795,180.08. This trade represents a 1.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.55% of the company’s stock.

LKQ Price Performance

Shares of LKQ stock opened at $37.39 on Monday. LKQ Co. has a 52 week low of $35.56 and a 52 week high of $53.68. The company has a current ratio of 1.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69. The company’s 50-day moving average price is $37.83 and its two-hundred day moving average price is $39.10. The stock has a market cap of $9.72 billion, a PE ratio of 13.95 and a beta of 1.30.

Analysts Set New Price Targets

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

LKQ 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.