Bronfman E.L. Rothschild L.P. lowered its stake in shares of LKQ Co. (NASDAQ:LKQ) by 8.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,580 shares of the auto parts company’s stock after selling 1,711 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in LKQ were worth $756,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in LKQ. Sentry Investment Management LLC grew its holdings in LKQ by 1.8% in the second quarter. Sentry Investment Management LLC now owns 23,828 shares of the auto parts company’s stock worth $785,000 after purchasing an additional 425 shares during the period. Cedar Capital LLC grew its holdings in LKQ by 20.6% in the third quarter. Cedar Capital LLC now owns 7,900 shares of the auto parts company’s stock worth $284,000 after purchasing an additional 1,348 shares during the period. Aperio Group LLC grew its holdings in LKQ by 1.1% in the third quarter. Aperio Group LLC now owns 128,071 shares of the auto parts company’s stock worth $4,609,000 after purchasing an additional 1,431 shares during the period. First Mercantile Trust Co. grew its holdings in LKQ by 14.6% in the fourth quarter. First Mercantile Trust Co. now owns 11,647 shares of the auto parts company’s stock worth $473,000 after purchasing an additional 1,487 shares during the period. Finally, Public Employees Retirement Association of Colorado grew its holdings in LKQ by 0.3% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 589,998 shares of the auto parts company’s stock worth $23,995,000 after purchasing an additional 1,955 shares during the period. Institutional investors own 92.34% of the company’s stock.

LKQ has been the topic of a number of recent research reports. Zacks Investment Research cut shares of LKQ from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Robert W. Baird restated a “buy” rating and issued a $47.00 price objective on shares of LKQ in a report on Friday, December 22nd. Stifel Nicolaus restated a “buy” rating and issued a $44.00 price objective on shares of LKQ in a report on Monday, December 11th. Northcoast Research upgraded shares of LKQ from a “neutral” rating to a “buy” rating in a research note on Monday. Finally, BidaskClub downgraded shares of LKQ from a “buy” rating to a “hold” rating in a research note on Friday, January 19th. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $43.67.

In related news, Director William M. Iv Webster sold 100,000 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $40.02, for a total transaction of $4,002,000.00. Following the transaction, the director now owns 119,222 shares in the company, valued at $4,771,264.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP John S. Quinn sold 10,301 shares of the stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $43.24, for a total transaction of $445,415.24. Following the transaction, the executive vice president now owns 296,765 shares in the company, valued at approximately $12,832,118.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 142,801 shares of company stock worth $5,811,690. Insiders own 1.10% of the company’s stock.

LKQ Co. (NASDAQ:LKQ) opened at $40.16 on Tuesday. The stock has a market cap of $12,410.00, a P/E ratio of 25.26, a PEG ratio of 1.11 and a beta of 0.93. LKQ Co. has a 52 week low of $27.85 and a 52 week high of $43.86. The company has a quick ratio of 1.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.75.

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About LKQ

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 (NASDAQ:LKQ)

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