Legal & General Group Plc raised its position in LKQ Corporation (NASDAQ:LKQ) by 5.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,302,717 shares of the auto parts company’s stock after buying an additional 62,822 shares during the period. Legal & General Group Plc owned about 0.42% of LKQ Corporation worth $38,132,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Lawson Kroeker Investment Management Inc. NE raised its position in LKQ Corporation by 7.7% in the first quarter. Lawson Kroeker Investment Management Inc. NE now owns 197,900 shares of the auto parts company’s stock worth $5,793,000 after buying an additional 14,080 shares during the last quarter. Douglass Winthrop Advisors LLC raised its position in LKQ Corporation by 8.7% in the first quarter. Douglass Winthrop Advisors LLC now owns 23,700 shares of the auto parts company’s stock valued at $694,000 after buying an additional 1,900 shares during the last quarter. Chevy Chase Trust Holdings Inc. raised its position in LKQ Corporation by 0.5% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 446,138 shares of the auto parts company’s stock valued at $13,058,000 after buying an additional 2,166 shares during the last quarter. Capital Investment Services of America Inc. raised its position in LKQ Corporation by 2.9% in the first quarter. Capital Investment Services of America Inc. now owns 355,912 shares of the auto parts company’s stock valued at $10,418,000 after buying an additional 9,964 shares during the last quarter. Finally, Highbridge Capital Management LLC raised its position in LKQ Corporation by 1,193.6% in the fourth quarter. Highbridge Capital Management LLC now owns 237,528 shares of the auto parts company’s stock valued at $7,280,000 after buying an additional 219,166 shares during the last quarter. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Institutional Ownership by Quarter for LKQ Corporation (NASDAQ:LKQ)

Shares of LKQ Corporation (NASDAQ LKQ) traded down 0.25% during midday trading on Friday, reaching $32.43. 2,692,369 shares of the company traded hands. LKQ Corporation has a 12 month low of $27.85 and a 12 month high of $36.35. The stock has a market capitalization of $10.00 billion, a price-to-earnings ratio of 20.64 and a beta of 0.77. The company’s 50 day moving average is $31.58 and its 200-day moving average is $31.13.

LKQ Corporation (NASDAQ:LKQ) last announced its quarterly earnings results on Thursday, April 27th. The auto parts company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.03. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.31 billion. LKQ Corporation had a net margin of 5.21% and a return on equity of 16.54%. LKQ Corporation’s revenue was up 21.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.42 earnings per share. Equities research analysts forecast that LKQ Corporation will post $1.87 earnings per share for the current fiscal year.

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A number of equities research analysts have recently issued reports on LKQ shares. J P Morgan Chase & Co started coverage on shares of LKQ Corporation in a research note on Tuesday, February 21st. They issued an “overweight” rating and a $41.00 price target on the stock. Zacks Investment Research raised shares of LKQ Corporation from a “sell” rating to a “hold” rating in a research note on Monday, May 1st. William Blair reissued an “outperform” rating on shares of LKQ Corporation in a research note on Monday, February 27th. FBR & Co reissued an “outperform” rating and issued a $41.00 price target (up from $40.00) on shares of LKQ Corporation in a research note on Friday, April 28th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $37.00 price target on shares of LKQ Corporation in a research note on Thursday, April 27th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. LKQ Corporation presently has an average rating of “Buy” and an average price target of $39.14.

In other LKQ Corporation news, VP Michael S. Clark sold 5,000 shares of LKQ Corporation stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $31.42, for a total transaction of $157,100.00. Following the transaction, the vice president now directly owns 62,885 shares of the company’s stock, valued at $1,975,846.70. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Robert L. Wagman sold 30,000 shares of LKQ Corporation stock in a transaction that occurred on Wednesday, April 26th. The shares were sold at an average price of $30.13, for a total transaction of $903,900.00. Following the transaction, the insider now directly owns 319,380 shares in the company, valued at $9,622,919.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 56,024 shares of company stock worth $1,733,446. 1.10% of the stock is currently owned by corporate insiders.

LKQ Corporation Company Profile

LKQ Corporation (LKQ) is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.

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