Rational Advisors LLC bought a new stake in LKQ Co. (NASDAQ:LKQ) in the fourth quarter, Holdings Channel reports. The fund bought 18,233 shares of the auto parts company’s stock, valued at approximately $742,000.

A number of other institutional investors also recently added to or reduced their stakes in LKQ. Calton & Associates Inc. acquired a new position in LKQ during the fourth quarter valued at approximately $116,000. First Personal Financial Services lifted its position in shares of LKQ by 194.0% during the fourth quarter. First Personal Financial Services now owns 3,852 shares of the auto parts company’s stock worth $157,000 after purchasing an additional 2,542 shares in the last quarter. Zions Bancorporation acquired a new position in shares of LKQ during the third quarter worth $197,000. YHB Investment Advisors Inc. acquired a new position in shares of LKQ during the fourth quarter worth $203,000. Finally, AE Wealth Management LLC acquired a new position in shares of LKQ during the fourth quarter worth $203,000. Hedge funds and other institutional investors own 92.34% of the company’s stock.

LKQ has been the topic of a number of recent research reports. Jefferies Group reissued a “buy” rating and set a $43.00 target price on shares of LKQ in a research report on Sunday, October 29th. FBR & Co reissued a “buy” rating and set a $41.00 target price on shares of LKQ in a research report on Friday, October 27th. Robert W. Baird reissued a “buy” rating and set a $42.00 target price on shares of LKQ in a research report on Friday, October 27th. BidaskClub cut shares of LKQ from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 23rd. Finally, B. Riley reissued a “buy” rating and set a $41.00 target price on shares of LKQ in a research report on Tuesday, December 12th. Two equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $43.56.

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

In other news, Director William M. Iv Webster sold 100,000 shares of the company’s 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 transaction, the director now owns 119,222 shares in the company, valued at $4,771,264.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Victor M. Casini sold 25,000 shares of the company’s stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $42.55, for a total transaction of $1,063,750.00. Following the transaction, the vice president now owns 222,395 shares of the company’s stock, valued at approximately $9,462,907.25. The disclosure for this sale can be found here. In the last quarter, insiders have sold 142,801 shares of company stock valued at $5,811,690. 1.10% of the stock is owned by insiders.

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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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