Dynamic Technology Lab Private Ltd Sells 5,177 Shares of LKQ Co. (NASDAQ:LKQ)

Dynamic Technology Lab Private Ltd decreased its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 9.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,689 shares of the auto parts company’s stock after selling 5,177 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in LKQ were worth $1,353,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Knott David M boosted its stake in LKQ by 9.1% during the first quarter. Knott David M now owns 300,000 shares of the auto parts company’s stock valued at $8,514,000 after buying an additional 25,000 shares during the period. State of Wisconsin Investment Board lifted its stake in LKQ by 79.4% during the first quarter. State of Wisconsin Investment Board now owns 381,008 shares of the auto parts company’s stock worth $10,813,000 after purchasing an additional 168,659 shares during the last quarter. Sawtooth Solutions LLC bought a new stake in LKQ during the first quarter worth about $256,000. NumerixS Investment Technologies Inc lifted its stake in LKQ by 52.6% during the first quarter. NumerixS Investment Technologies Inc now owns 17,400 shares of the auto parts company’s stock worth $490,000 after purchasing an additional 6,000 shares during the last quarter. Finally, Zions Bancorporation N.A. bought a new stake in LKQ during the first quarter worth about $169,000. 89.76% of the stock is owned by institutional investors.

Several brokerages have issued reports on LKQ. BidaskClub raised LKQ from a “strong sell” rating to a “sell” rating in a research note on Friday, March 22nd. TheStreet lowered LKQ from a “b-” rating to a “c+” rating in a research note on Friday, May 10th. Barrington Research set a $43.00 price target on LKQ and gave the stock a “buy” rating in a research note on Monday, April 22nd. ValuEngine lowered LKQ from a “hold” rating to a “sell” rating in a research note on Saturday, May 4th. Finally, Zacks Investment Research lowered LKQ from a “hold” rating to a “sell” rating in a research note on Wednesday, April 10th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $36.50.

Shares of LKQ traded up $0.35 during trading hours on Friday, hitting $26.61. The company had a trading volume of 3,048,114 shares, compared to its average volume of 2,825,772. The firm has a market cap of $8.22 billion, a price-to-earnings ratio of 12.15, a P/E/G ratio of 0.85 and a beta of 1.36. The company’s 50 day moving average is $26.53. The company has a current ratio of 2.36, a quick ratio of 0.99 and a debt-to-equity ratio of 0.84. LKQ Co. has a 52-week low of $22.74 and a 52-week high of $36.10.

LKQ (NASDAQ:LKQ) last released its quarterly earnings data on Thursday, April 25th. The auto parts company reported $0.56 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.56. The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.14 billion. LKQ had a return on equity of 14.39% and a net margin of 3.47%. The company’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 earnings per share. On average, equities research analysts forecast that LKQ Co. will post 2.38 earnings per share for the current fiscal year.

In other news, Director Robert M. Hanser sold 1,131 shares of LKQ stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $27.93, for a total value of $31,588.83. Following the transaction, the director now owns 13,923 shares in the company, valued at $388,869.39. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.71% of the stock is currently owned by insiders.

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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