KBC Group NV Bought 3,102 Shares of LKQ Co. (LKQ)

KBC Group NV Bought 3,102 Shares of LKQ Co. (LKQ)

KBC Group NV raised its stake in shares of LKQ Co. (NASDAQ:LKQ) by 4.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,088 shares of the auto parts company’s stock after buying an additional 3,102 shares during the period. KBC Group NV’s holdings in LKQ were worth $2,198,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Aberdeen Asset Management PLC UK raised its stake in LKQ by 10.3% in the first quarter. Aberdeen Asset Management PLC UK now owns 57,739 shares of the auto parts company’s stock valued at $1,690,000 after buying an additional 5,385 shares during the last quarter. Private Advisor Group LLC acquired a new stake in LKQ during the first quarter valued at about $163,000. Nordea Investment Management AB raised its stake in LKQ by 856.1% in the first quarter. Nordea Investment Management AB now owns 4,741,329 shares of the auto parts company’s stock valued at $138,779,000 after buying an additional 4,245,408 shares during the last quarter. Pacer Advisors Inc. raised its stake in LKQ by 3.5% in the first quarter. Pacer Advisors Inc. now owns 5,387 shares of the auto parts company’s stock valued at $158,000 after buying an additional 181 shares during the last quarter. Finally, Mason Street Advisors LLC raised its stake in LKQ by 1.2% in the first quarter. Mason Street Advisors LLC now owns 42,563 shares of the auto parts company’s stock valued at $1,246,000 after buying an additional 497 shares during the last quarter. 88.66% of the stock is owned by institutional investors and hedge funds.

LKQ Co. (NASDAQ LKQ) traded down 0.43% on Monday, reaching $32.19. 194,279 shares of the company’s stock were exchanged. LKQ Co. has a 12 month low of $27.85 and a 12 month high of $36.35. The firm has a market cap of $9.92 billion, a PE ratio of 20.49 and a beta of 0.51. The firm’s 50-day moving average is $30.79 and its 200-day moving average is $31.17.

LKQ (NASDAQ:LKQ) last announced its quarterly earnings results on Thursday, April 27th. The auto parts company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.03. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.31 billion. LKQ had a net margin of 5.48% and a return on equity of 16.41%. The company’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.42 earnings per share. On average, equities analysts forecast that LKQ Co. will post $1.87 earnings per share for the current year.

A number of research analysts have weighed in on LKQ shares. Zacks Investment Research raised shares of LKQ from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. FBR & Co reissued an “outperform” rating and set a $41.00 target price (up previously from $40.00) on shares of LKQ in a research report on Friday, April 28th. Jefferies Group LLC reissued a “buy” rating and set a $37.00 target price on shares of LKQ in a research report on Thursday, April 27th. William Blair reissued an “outperform” rating on shares of LKQ in a research report on Monday, February 27th. Finally, JPMorgan Chase & Co. started coverage on shares of LKQ in a research report on Tuesday, February 21st. They set an “overweight” rating and a $41.00 target price for the company. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $39.14.

In other news, Director Robert M. Hanser sold 1,024 shares of the firm’s stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $31.49, for a total transaction of $32,245.76. Following the completion of the sale, the director now owns 3,552 shares in the company, valued at approximately $111,852.48. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Michael S. Clark sold 5,000 shares of the firm’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $31.42, for a total transaction of $157,100.00. Following the sale, the vice president now owns 62,885 shares of the company’s stock, valued at approximately $1,975,846.70. The disclosure for this sale can be found here. In the last quarter, insiders sold 36,024 shares of company stock valued at $1,093,246. Corporate insiders own 1.30% of the company’s stock.

LKQ Company 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:LKQ”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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