LaFleur & Godfrey LLC continued to hold its stake in shares of LKQ Corporation (NASDAQ:LKQ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,315 shares of the auto parts company’s stock at the end of the second quarter. LKQ Corporation comprises 1.7% of LaFleur & Godfrey LLC’s portfolio, making the stock its 24th largest position. LaFleur & Godfrey LLC’s holdings in LKQ Corporation were worth $6,436,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of LKQ. Vanguard Group Inc. raised its position in shares of LKQ Corporation by 3.3% in the first quarter. Vanguard Group Inc. now owns 28,048,351 shares of the auto parts company’s stock worth $820,976,000 after buying an additional 902,294 shares in the last quarter. BlackRock Inc. raised its position in shares of LKQ Corporation by 3,058.3% in the first quarter. BlackRock Inc. now owns 18,595,751 shares of the auto parts company’s stock worth $544,296,000 after buying an additional 18,006,955 shares in the last quarter. State Street Corp raised its position in shares of LKQ Corporation by 1.7% in the first quarter. State Street Corp now owns 12,654,829 shares of the auto parts company’s stock worth $370,404,000 after buying an additional 212,428 shares in the last quarter. Nordea Investment Management AB raised its position in shares of LKQ Corporation by 856.1% in the first quarter. Nordea Investment Management AB now owns 4,741,329 shares of the auto parts company’s stock worth $138,779,000 after buying an additional 4,245,408 shares in the last quarter. Finally, UBS Asset Management Americas Inc. raised its position in shares of LKQ Corporation by 411.3% in the first quarter. UBS Asset Management Americas Inc. now owns 3,701,758 shares of the auto parts company’s stock worth $108,350,000 after buying an additional 2,977,759 shares in the last quarter. 91.81% of the stock is currently owned by institutional investors and hedge funds.

LKQ Corporation (LKQ) opened at 33.82 on Friday. The stock’s 50 day moving average price is $33.15 and its 200 day moving average price is $31.44. LKQ Corporation has a 12 month low of $27.85 and a 12 month high of $36.35. The company has a market capitalization of $10.45 billion, a price-to-earnings ratio of 21.20 and a beta of 0.84.

LKQ Corporation (NASDAQ:LKQ) last posted its earnings results on Thursday, July 27th. The auto parts company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.01. The company had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.41 billion. LKQ Corporation had a return on equity of 15.74% and a net margin of 5.31%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.55 earnings per share. Equities research analysts anticipate that LKQ Corporation will post $1.88 earnings per share for the current fiscal year.

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A number of equities analysts have weighed in on the company. BidaskClub lowered LKQ Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, June 14th. Jefferies Group LLC restated a “buy” rating and issued a $37.00 target price on shares of LKQ Corporation in a research note on Thursday, April 27th. Zacks Investment Research lowered LKQ Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. FBR & Co restated an “outperform” rating and issued a $41.00 target price (up from $40.00) on shares of LKQ Corporation in a research note on Friday, April 28th. Finally, Susquehanna Bancshares Inc restated a “positive” rating and issued a $40.00 target price (up from $38.00) on shares of LKQ Corporation in a research note on Monday, July 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $39.33.

In other news, EVP John S. Quinn sold 8,230 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $33.15, for a total transaction of $272,824.50. Following the transaction, the executive vice president now owns 254,726 shares of the company’s stock, valued at $8,444,166.90. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Victor M. Casini sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $33.40, for a total value of $835,000.00. Following the transaction, the vice president now directly owns 213,884 shares in the company, valued at approximately $7,143,725.60. The disclosure for this sale can be found here. Insiders sold 58,230 shares of company stock worth $1,905,125 over the last quarter. 1.10% of the stock is owned by company 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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Institutional Ownership by Quarter for LKQ Corporation (NASDAQ:LKQ)

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