BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of LKQ Co. (NASDAQ:LKQ) by 12.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 107,804 shares of the auto parts company’s stock after purchasing an additional 11,814 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in LKQ were worth $2,558,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Commonwealth Bank of Australia increased its stake in shares of LKQ by 32.0% during the fourth quarter. Commonwealth Bank of Australia now owns 30,503 shares of the auto parts company’s stock valued at $719,000 after buying an additional 7,398 shares during the period. Hsbc Holdings PLC increased its stake in shares of LKQ by 23.2% during the fourth quarter. Hsbc Holdings PLC now owns 186,170 shares of the auto parts company’s stock valued at $4,421,000 after buying an additional 35,097 shares during the period. Knott David M increased its stake in shares of LKQ by 266.7% during the fourth quarter. Knott David M now owns 275,000 shares of the auto parts company’s stock valued at $6,526,000 after buying an additional 200,000 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in shares of LKQ by 8.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 51,786 shares of the auto parts company’s stock valued at $1,229,000 after buying an additional 4,000 shares during the period. Finally, Great West Life Assurance Co. Can increased its stake in shares of LKQ by 36.4% during the fourth quarter. Great West Life Assurance Co. Can now owns 758,063 shares of the auto parts company’s stock valued at $17,799,000 after buying an additional 202,423 shares during the period. Hedge funds and other institutional investors own 89.99% of the company’s stock.

In other news, EVP John S. Quinn sold 6,861 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $27.63, for a total transaction of $189,569.43. Following the sale, the executive vice president now owns 241,563 shares in the company, valued at $6,674,385.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John S. Quinn sold 9,806 shares of the business’s stock in a transaction dated Tuesday, January 15th. The stock was sold at an average price of $26.56, for a total value of $260,447.36. Following the sale, the executive vice president now owns 253,578 shares in the company, valued at approximately $6,735,031.68. The disclosure for this sale can be found here. 0.80% of the stock is owned by insiders.

Several equities analysts have issued reports on LKQ shares. Zacks Investment Research lowered LKQ from a “hold” rating to a “sell” rating in a research note on Thursday, December 13th. William Blair lowered LKQ from an “outperform” rating to a “market perform” rating in a research note on Friday, January 18th. Guggenheim upgraded LKQ from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a research note on Wednesday, March 6th. ValuEngine upgraded LKQ from a “strong sell” rating to a “sell” rating in a research note on Wednesday, March 6th. Finally, Barrington Research reiterated a “buy” rating on shares of LKQ in a research note on Tuesday, February 26th. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $38.00.

LKQ opened at $27.86 on Friday. LKQ Co. has a 1 year low of $22.74 and a 1 year high of $39.81. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.00 and a current ratio of 2.67. The stock has a market capitalization of $8.77 billion, a price-to-earnings ratio of 12.72, a P/E/G ratio of 0.86 and a beta of 1.27.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, February 28th. The auto parts company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.01). LKQ had a net margin of 4.04% and a return on equity of 14.59%. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.02 billion. During the same quarter last year, the firm earned $0.41 EPS. LKQ’s revenue for the quarter was up 21.5% on a year-over-year basis. Sell-side analysts predict that LKQ Co. will post 2.4 EPS for the current fiscal year.

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About LKQ

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in North America, Europe, and Taiwan. It operates in three segments: North America, Europe, and Specialty. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; 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.

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Institutional Ownership by Quarter for LKQ (NASDAQ:LKQ)

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