3 days Ago By ABMN Staff
Oppenheimer & Co. Inc. increased its holdings in shares of LKQ Co.
( NASDAQ:LKQ – Free Report ) by 28.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 65,548 shares of the auto parts company’s stock after acquiring an additional 14,573 shares during the period.
Oppenheimer & Co. Inc.’s holdings in LKQ were worth $2,726,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new position in shares of LKQ during the 2nd quarter valued at approximately $33,000. Quarry LP lifted its holdings in LKQ by 65.
1% in the 4th quarter. Quarry LP now owns 900 shares of the auto parts company’s stock valued at $43,000 after purchasing an additional 355 shares in the last quarter. CVA Family Office LLC lifted its holdings in LKQ by 54.
2% in the 1st quarter. CVA Family Office LLC now owns 825 shares of the auto parts company’s stock valued at $44,000 after purchasing an additional 290 shares in the last quarter. Banque Cantonale Vaudoise lifted its holdings in LKQ by 29.
8% in the 2nd quarter. Banque Cantonale Vaudoise now owns 1,211 shares of the auto parts company’s stock valued at $50,000 after purchasing an additional 278 shares in the last quarter. Finally, Fidelis Capital Partners LLC purchased a new position in LKQ in the 1st quarter valued at $56,000.
Hedge funds and other institutional investors own 95.63% of the company’s stock. Insider Buying and Selling In other LKQ news, CEO Justin L.
Jude acquired 2,500 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was purchased at an average cost of $39.91 per share, with a total value of $99,775.
00. Following the transaction, the chief executive officer now owns 207,515 shares of the company’s stock, valued at $8,281,923.65.
The transaction was disclosed in a filing with the SEC, which is available at this link . In other LKQ news, Director Andrew C. Clarke bought 7,600 shares of the business’s stock in a transaction that occurred on Friday, July 26th.
The shares were purchased at an average cost of $39.70 per share, with a total value of $301,720.00.
Following the purchase, the director now directly owns 10,519 shares in the company, valued at $417,604.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website .
Also, CEO Justin L. Jude bought 2,500 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The shares were acquired at an average cost of $39.
91 per share, for a total transaction of $99,775.00. Following the completion of the purchase, the chief executive officer now owns 207,515 shares in the company, valued at $8,281,923.
65. The disclosure for this purchase can be found here . In the last ninety days, insiders acquired 12,600 shares of company stock valued at $500,870.
0.55% of the stock is currently owned by insiders. Wall Street Analyst Weigh In Get Our Latest Stock Report on LKQ LKQ Stock Up 3.
4 % NASDAQ LKQ opened at $41.04 on Monday. LKQ Co.
has a 52 week low of $35.57 and a 52 week high of $53.68.
The company has a quick ratio of 0.70, a current ratio of 1.75 and a debt-to-equity ratio of 0.
69. The business’s fifty day simple moving average is $41.39 and its 200-day simple moving average is $44.
60. The firm has a market cap of $10.80 billion, a PE ratio of 13.
32 and a beta of 1.29. LKQ ( NASDAQ:LKQ – Get Free Report ) last issued its quarterly earnings data on Thursday, July 25th.
The auto parts company reported $0.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.
05). The business had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.
87 billion. LKQ had a return on equity of 15.33% and a net margin of 5.
03%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year.
During the same period in the previous year, the business posted $1.09 earnings per share. As a group, equities analysts anticipate that LKQ Co.
will post 3.6 earnings per share for the current year. LKQ Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th.
Investors of record on Thursday, August 15th were given a dividend of $0.30 per share. This represents a $1.
20 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend was Thursday, August 15th.
LKQ’s payout ratio is 38.96%. LKQ Company Profile ( Free Report ) LKQ Corporation engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.
It operates through four segments: Wholesale-North America, Europe, Specialty, and Self Service. The company distributes bumper covers, automotive body panels, and lights, as well as mechanical automotive parts and accessories; 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. Recommended Stories Want to see what other hedge funds are holding LKQ? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for LKQ Co. ( NASDAQ:LKQ – Free Report ). Receive News & Ratings for LKQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LKQ and related companies with MarketBeat.
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