Hunter Perkins Capital Management LLC Has $13.29 Million Stock Holdings in LKQ Co. (NASDAQ:LKQ)

Hunter Perkins Capital Management LLC increased its position in LKQ Co. (NASDAQ:LKQ) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 361,720 shares of the auto parts company’s stock after buying an additional 3,003 shares during the quarter. LKQ comprises approximately 2.8% of Hunter Perkins Capital Management LLC’s holdings, making the stock its 10th largest position. Hunter Perkins Capital Management LLC’s holdings in LKQ were worth $13,293,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of LKQ. KBC Group NV grew its position in LKQ by 68.5% in the fourth quarter. KBC Group NV now owns 1,210,661 shares of the auto parts company’s stock worth $44,492,000 after buying an additional 492,356 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of LKQ by 24.4% during the 4th quarter. Blue Trust Inc. now owns 2,815 shares of the auto parts company’s stock worth $112,000 after acquiring an additional 553 shares in the last quarter. Regatta Capital Group LLC grew its holdings in shares of LKQ by 4.2% in the 4th quarter. Regatta Capital Group LLC now owns 19,938 shares of the auto parts company’s stock worth $733,000 after acquiring an additional 806 shares during the last quarter. Olstein Capital Management L.P. lifted its holdings in shares of LKQ by 16.0% during the fourth quarter. Olstein Capital Management L.P. now owns 290,000 shares of the auto parts company’s stock valued at $10,658,000 after purchasing an additional 40,000 shares during the last quarter. Finally, Exchange Traded Concepts LLC boosted its position in shares of LKQ by 9.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 4,841 shares of the auto parts company’s stock valued at $178,000 after purchasing an additional 412 shares during the period. Institutional investors own 95.63% of the company’s stock.

LKQ Trading Down 0.8 %

Shares of NASDAQ:LKQ opened at $38.34 on Monday. The firm has a fifty day moving average of $37.80 and a two-hundred day moving average of $39.32. 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 12-month low of $35.56 and a 12-month high of $53.68. The firm has a market capitalization of $9.97 billion, a P/E ratio of 14.31 and a beta of 1.30.

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

Insider Activity

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of the firm’s stock in a transaction dated 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 directly owns 374,462 shares in the company, valued at $13,795,180.08. This trade represents a 1.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.55% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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

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.