California State Teachers Retirement System decreased its position in shares of LKQ Co. (NASDAQ:LKQ) by 1.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 525,112 shares of the auto parts company’s stock after selling 6,457 shares during the period. California State Teachers Retirement System owned approximately 0.17% of LKQ worth $16,515,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Commonwealth Equity Services LLC increased its position in shares of LKQ by 15.5% in the second quarter. Commonwealth Equity Services LLC now owns 17,971 shares of the auto parts company’s stock worth $478,000 after purchasing an additional 2,412 shares during the period. Robeco Institutional Asset Management B.V. increased its position in shares of LKQ by 458.1% in the second quarter. Robeco Institutional Asset Management B.V. now owns 35,327 shares of the auto parts company’s stock worth $940,000 after purchasing an additional 28,997 shares during the period. FDx Advisors Inc. increased its position in shares of LKQ by 17.0% in the second quarter. FDx Advisors Inc. now owns 11,426 shares of the auto parts company’s stock worth $304,000 after purchasing an additional 1,657 shares during the period. Arizona State Retirement System increased its position in shares of LKQ by 11.1% in the second quarter. Arizona State Retirement System now owns 166,466 shares of the auto parts company’s stock worth $4,430,000 after purchasing an additional 16,587 shares during the period. Finally, Strs Ohio increased its position in shares of LKQ by 3.2% in the second quarter. Strs Ohio now owns 214,074 shares of the auto parts company’s stock worth $5,696,000 after purchasing an additional 6,658 shares during the period. Hedge funds and other institutional investors own 89.51% of the company’s stock.

In other news, Director Blythe J. Mcgarvie sold 13,692 shares of LKQ stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $35.62, for a total transaction of $487,709.04. Following the sale, the director now directly owns 20,993 shares of the company’s stock, valued at $747,770.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Scott A. Romberger sold 10,000 shares of LKQ stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $19.96, for a total value of $199,600.00. Insiders sold 27,506 shares of company stock worth $822,020 over the last ninety days. 0.71% of the stock is currently owned by insiders.

A number of research analysts recently commented on LKQ shares. Zacks Investment Research cut LKQ from a “hold” rating to a “sell” rating and set a $29.00 price target on the stock. in a research report on Tuesday, September 10th. Jefferies Financial Group raised their price target on LKQ from $37.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. SunTrust Banks raised their price target on LKQ to $40.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. ValuEngine cut LKQ from a “hold” rating to a “sell” rating in a research report on Saturday, October 5th. Finally, TheStreet upgraded LKQ from a “c+” rating to a “b-” rating in a research report on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $38.44.

NASDAQ:LKQ opened at $35.32 on Tuesday. The stock’s 50-day simple moving average is $33.91 and its 200 day simple moving average is $28.95. The firm has a market capitalization of $10.81 billion, a PE ratio of 16.13, a price-to-earnings-growth ratio of 1.08 and a beta of 1.33. The company has a quick ratio of 0.93, a current ratio of 2.18 and a debt-to-equity ratio of 1.00. LKQ Co. has a twelve month low of $22.74 and a twelve month high of $36.21.

LKQ (NASDAQ:LKQ) last released its quarterly earnings data on Thursday, October 31st. The auto parts company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.03. The business had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.14 billion. LKQ had a return on equity of 14.79% and a net margin of 3.50%. LKQ’s revenue was up .8% compared to the same quarter last year. During the same period last year, the firm posted $0.56 earnings per share. On average, analysts anticipate that LKQ Co. will post 2.34 EPS for the current fiscal year.

About LKQ

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates in four segments: Wholesale – North America, Europe, Specialty, and Self Service. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; 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.

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Institutional Ownership by Quarter for LKQ (NASDAQ:LKQ)

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