Jones Financial Companies Lllp Has $209,000 Stake in LKQ Co. (NASDAQ:LKQ)

Jones Financial Companies Lllp lifted its position in shares of LKQ Co. (NASDAQ:LKQ) by 73.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,685 shares of the auto parts company’s stock after purchasing an additional 2,413 shares during the quarter. Jones Financial Companies Lllp’s holdings in LKQ were worth $209,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Erste Asset Management GmbH purchased a new stake in LKQ in the 3rd quarter valued at $45,733,000. Seizert Capital Partners LLC raised its position in LKQ by 451.1% in the 3rd quarter. Seizert Capital Partners LLC now owns 1,327,664 shares of the auto parts company’s stock valued at $53,000,000 after buying an additional 1,086,758 shares during the last quarter. Nordea Investment Management AB raised its position in LKQ by 11.0% in the 4th quarter. Nordea Investment Management AB now owns 8,406,444 shares of the auto parts company’s stock valued at $309,609,000 after buying an additional 833,519 shares during the last quarter. KBC Group NV raised its position in LKQ by 68.5% in the 4th quarter. KBC Group NV now owns 1,210,661 shares of the auto parts company’s stock valued at $44,492,000 after buying an additional 492,356 shares during the last quarter. Finally, FMR LLC raised its position in LKQ by 7.3% in the 3rd quarter. FMR LLC now owns 6,020,689 shares of the auto parts company’s stock valued at $240,346,000 after buying an additional 411,390 shares during the last quarter. 95.63% of the stock is owned by institutional investors and hedge funds.

LKQ Trading Down 3.0 %

Shares of LKQ stock opened at $41.28 on Friday. LKQ Co. has a 1 year low of $35.56 and a 1 year high of $53.68. The firm has a market cap of $10.70 billion, a PE ratio of 15.76 and a beta of 1.27. The stock has a fifty day moving average price of $39.09 and a 200-day moving average price of $38.95. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.71 and a quick ratio of 0.67.

LKQ (NASDAQ:LKQ) last announced its earnings results on Thursday, February 20th. The auto parts company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.04. LKQ had a return on equity of 14.93% and a net margin of 4.81%. The firm had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.42 billion. Equities research analysts anticipate that LKQ Co. will post 3.57 EPS for the current year.

LKQ Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $1.20 annualized dividend and a dividend yield of 2.91%. LKQ’s payout ratio is 45.80%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Barrington Research reissued an “outperform” rating and issued a $60.00 price target on shares of LKQ in a research report on Thursday, February 20th. StockNews.com lowered LKQ from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. Finally, JPMorgan Chase & Co. increased their price target on LKQ from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, LKQ has a consensus rating of “Moderate Buy” and an average price target of $52.60.

Insider Transactions at LKQ

In other news, Director Dominick P. Zarcone sold 15,000 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $42.32, for a total transaction of $634,800.00. Following the completion of the transaction, the director now owns 336,135 shares in the company, valued at approximately $14,225,233.20. This represents a 4.27 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders sold 35,000 shares of company stock worth $1,416,300. 0.45% of the stock is owned by company insiders.

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.