Comerica Bank decreased its holdings in LKQ Co. (NASDAQ:LKQ) by 31.5% in the 4th quarter, Holdings Channel reports. The firm owned 117,722 shares of the auto parts company’s stock after selling 54,113 shares during the period. Comerica Bank’s holdings in LKQ were worth $5,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. First Personal Financial Services raised its position in LKQ by 194.0% during the 4th quarter. First Personal Financial Services now owns 3,852 shares of the auto parts company’s stock worth $157,000 after buying an additional 2,542 shares during the last quarter. Zions Bancorporation purchased a new position in LKQ during the 3rd quarter worth $197,000. YHB Investment Advisors Inc. purchased a new position in LKQ during the 4th quarter worth $203,000. Conning Inc. purchased a new position in LKQ during the 4th quarter worth $217,000. Finally, Cedar Capital LLC raised its position in LKQ by 20.6% during the 3rd quarter. Cedar Capital LLC now owns 7,900 shares of the auto parts company’s stock worth $284,000 after buying an additional 1,348 shares during the last quarter. Hedge funds and other institutional investors own 92.34% of the company’s stock.

A number of equities analysts have commented on the stock. B. Riley restated a “buy” rating on shares of LKQ in a research report on Wednesday, November 1st. Zacks Investment Research downgraded shares of LKQ from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Northcoast Research raised shares of LKQ from a “neutral” rating to a “buy” rating in a research note on Monday. Jefferies Group reaffirmed a “buy” rating on shares of LKQ in a research note on Thursday, December 14th. Finally, BidaskClub cut shares of LKQ from a “buy” rating to a “hold” rating in a research note on Friday, January 19th. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $43.56.

In related news, VP Victor M. Casini sold 25,000 shares of the stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $42.55, for a total value of $1,063,750.00. Following the sale, the vice president now directly owns 222,395 shares of the company’s stock, valued at approximately $9,462,907.25. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director William M. Iv Webster sold 100,000 shares of the stock in a transaction dated 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 completion of the sale, the director now directly owns 119,222 shares in the company, valued at $4,771,264.44. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 142,801 shares of company stock worth $5,811,690. Corporate insiders own 1.10% of the company’s stock.

LKQ Co. (NASDAQ LKQ) opened at $40.53 on Wednesday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.10 and a current ratio of 2.82. LKQ Co. has a 12 month low of $27.85 and a 12 month high of $43.86. The firm has a market cap of $12,411.21, a price-to-earnings ratio of 22.07, a PEG ratio of 1.13 and a beta of 0.94.

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LKQ 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 (NASDAQ:LKQ)

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