Signaturefd LLC Has $3.85 Million Holdings in LKQ Co. (NASDAQ:LKQ)

Signaturefd LLC decreased its position in LKQ Co. (NASDAQ:LKQ) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 104,747 shares of the auto parts company’s stock after selling 5,050 shares during the period. Signaturefd LLC’s holdings in LKQ were worth $3,849,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Cibc World Markets Corp lifted its stake in shares of LKQ by 14.6% in the 4th quarter. Cibc World Markets Corp now owns 41,177 shares of the auto parts company’s stock valued at $1,513,000 after purchasing an additional 5,254 shares during the period. Twin Tree Management LP bought a new stake in LKQ in the fourth quarter worth approximately $9,608,000. Creative Financial Designs Inc. ADV lifted its stake in LKQ by 5.6% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 22,485 shares of the auto parts company’s stock valued at $826,000 after buying an additional 1,196 shares during the period. Brandes Investment Partners LP boosted its holdings in shares of LKQ by 118.6% during the 4th quarter. Brandes Investment Partners LP now owns 1,467,822 shares of the auto parts company’s stock worth $53,942,000 after buying an additional 796,461 shares in the last quarter. Finally, Postrock Partners LLC acquired a new stake in shares of LKQ during the 4th quarter worth approximately $606,000. Institutional investors own 95.63% of the company’s stock.

LKQ Stock Up 0.9 %

Shares of NASDAQ LKQ opened at $41.66 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.71 and a quick ratio of 0.67. The company has a 50-day moving average price of $39.30 and a 200-day moving average price of $38.91. The stock has a market capitalization of $10.80 billion, a P/E ratio of 15.90 and a beta of 1.27. LKQ Co. has a 1 year low of $35.56 and a 1 year high of $53.68.

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

LKQ Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date is Thursday, March 13th. LKQ’s payout ratio is currently 45.80%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of LKQ from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. StockNews.com cut shares of LKQ from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $60.00 target price on shares of LKQ in a research report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $52.60.

Insiders Place Their Bets

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of LKQ stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $36.14, for a total transaction of $180,700.00. Following the transaction, the director now owns 369,462 shares of the company’s stock, valued at $13,352,356.68. This trade represents a 1.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 35,000 shares of company stock valued at $1,416,300 in the last three months. 0.45% of the stock is currently owned by insiders.

LKQ 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.