LKQ Corporation (LKQ) Shares Sold by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora decreased its position in LKQ Corporation (NASDAQ:LKQ) by 3.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 93,349 shares of the auto parts company’s stock after selling 3,490 shares during the period. LKQ Corporation comprises approximately 1.3% of OLD Second National Bank of Aurora’s holdings, making the stock its 23rd largest position. OLD Second National Bank of Aurora’s holdings in LKQ Corporation were worth $3,075,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in LKQ. First National Bank of Omaha boosted its stake in LKQ Corporation by 8.4% in the first quarter. First National Bank of Omaha now owns 114,639 shares of the auto parts company’s stock worth $3,356,000 after buying an additional 8,889 shares in the last quarter. CrestPoint Capital Management LLC boosted its stake in LKQ Corporation by 12.7% in the first quarter. CrestPoint Capital Management LLC now owns 11,500 shares of the auto parts company’s stock worth $337,000 after buying an additional 1,300 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in LKQ Corporation by 0.5% in the first quarter. DAVENPORT & Co LLC now owns 746,362 shares of the auto parts company’s stock worth $22,330,000 after buying an additional 3,505 shares in the last quarter. Gulf International Bank UK Ltd boosted its stake in LKQ Corporation by 1.8% in the first quarter. Gulf International Bank UK Ltd now owns 90,925 shares of the auto parts company’s stock worth $2,661,000 after buying an additional 1,600 shares in the last quarter. Finally, Lawson Kroeker Investment Management Inc. NE boosted its stake in LKQ Corporation by 7.7% in the first quarter. Lawson Kroeker Investment Management Inc. NE now owns 197,900 shares of the auto parts company’s stock worth $5,793,000 after buying an additional 14,080 shares in the last quarter. 91.81% of the stock is owned by institutional investors and hedge funds.

LKQ Corporation (LKQ) opened at 33.82 on Friday. The firm has a 50-day moving average of $33.15 and a 200 day moving average of $31.44. LKQ Corporation has a 12-month low of $27.85 and a 12-month high of $36.35. The firm has a market capitalization of $10.45 billion, a price-to-earnings ratio of 21.20 and a beta of 0.84.

LKQ Corporation (NASDAQ:LKQ) last announced its quarterly earnings results on Thursday, July 27th. The auto parts company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The firm had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.41 billion. LKQ Corporation had a net margin of 5.31% and a return on equity of 15.74%. LKQ Corporation’s revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 earnings per share. On average, equities analysts predict that LKQ Corporation will post $1.88 EPS for the current year.

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A number of equities analysts recently weighed in on the stock. BidaskClub upgraded shares of LKQ Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Susquehanna Bancshares Inc restated a “positive” rating and set a $40.00 price target (up from $38.00) on shares of LKQ Corporation in a research report on Monday, July 31st. Jefferies Group LLC restated a “buy” rating and set a $37.00 price target on shares of LKQ Corporation in a research report on Wednesday. Northcoast Research lowered shares of LKQ Corporation from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 25th. Finally, Zacks Investment Research lowered shares of LKQ Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $39.33.

In related news, VP Victor M. Casini sold 25,000 shares of LKQ Corporation stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $33.40, for a total value of $835,000.00. Following the completion of the sale, the vice president now owns 213,884 shares in the company, valued at $7,143,725.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Michael S. Clark sold 5,000 shares of LKQ Corporation stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $31.42, for a total transaction of $157,100.00. Following the completion of 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. Over the last ninety days, insiders have sold 58,230 shares of company stock worth $1,905,125. 1.10% of the stock is currently owned by corporate insiders.

LKQ Corporation 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.

Institutional Ownership by Quarter for LKQ Corporation (NASDAQ:LKQ)

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