Radnor Capital Management LLC Trims Stock Position in LKQ Co. (NASDAQ:LKQ)

Radnor Capital Management LLC decreased its holdings in LKQ Co. (NASDAQ:LKQ) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,300 shares of the auto parts company’s stock after selling 600 shares during the quarter. Radnor Capital Management LLC’s holdings in LKQ were worth $1,481,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC bought a new position in shares of LKQ in the third quarter worth about $25,000. Allworth Financial LP increased its holdings in LKQ by 94.2% in the 3rd quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company’s stock worth $40,000 after acquiring an additional 490 shares in the last quarter. Bruce G. Allen Investments LLC raised its stake in LKQ by 33.5% during the 3rd 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 period. Private Trust Co. NA lifted its holdings in LKQ by 31.2% during the third quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company’s stock valued at $50,000 after purchasing an additional 299 shares in the last quarter. Finally, Kennebec Savings Bank bought a new position in shares of LKQ in the third quarter worth approximately $57,000. 95.63% of the stock is currently owned by institutional investors.

LKQ Stock Up 2.2 %

LKQ opened at $37.29 on Wednesday. The company has a market capitalization of $9.69 billion, a PE ratio of 13.91 and a beta of 1.30. The firm has a 50-day simple moving average of $37.80 and a two-hundred day simple moving average of $39.49. The company has a quick ratio of 0.67, a current ratio of 1.72 and a debt-to-equity ratio of 0.69. LKQ Co. has a 52 week low of $35.56 and a 52 week high of $53.68.

LKQ (NASDAQ:LKQ) last released its quarterly earnings results on Thursday, October 24th. The auto parts company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.01. LKQ had a return on equity of 15.15% and a net margin of 4.90%. The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter last year, the business posted $0.86 EPS. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. Analysts forecast that LKQ Co. will post 3.43 earnings per share for the current fiscal year.

LKQ Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 annualized dividend and a yield of 3.22%. LKQ’s dividend payout ratio (DPR) is currently 44.78%.

Insiders Place Their Bets

In other news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $36.84, for a total transaction 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. The trade was a 1.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

LKQ has been the topic of several recent analyst reports. Robert W. Baird decreased their price objective on shares of LKQ from $50.00 to $48.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Barrington Research reissued an “outperform” rating and set a $60.00 price target on shares of LKQ in a report on Friday, October 25th. StockNews.com raised LKQ from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Finally, Stifel Nicolaus decreased their target price on LKQ from $53.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $53.80.

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.