Thompson Investment Management Inc. Acquires 74,553 Shares of LKQ Co. (NASDAQ:LKQ)

Thompson Investment Management Inc. lifted its holdings in LKQ Co. (NASDAQ:LKQ) by 37.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 274,731 shares of the auto parts company’s stock after buying an additional 74,553 shares during the period. LKQ comprises 1.5% of Thompson Investment Management Inc.’s holdings, making the stock its 15th largest holding. Thompson Investment Management Inc. owned approximately 0.11% of LKQ worth $10,096,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Catalyst Capital Advisors LLC bought a new position in LKQ during the 3rd quarter valued at about $25,000. Allworth Financial LP grew its holdings in LKQ by 94.2% during the 3rd quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company’s stock valued at $40,000 after purchasing an additional 490 shares during the last quarter. Private Trust Co. NA grew its holdings in LKQ by 31.2% during the 3rd quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company’s stock valued at $50,000 after purchasing an additional 299 shares during the last quarter. Kennebec Savings Bank bought a new position in LKQ during the 3rd quarter valued at about $57,000. Finally, CENTRAL TRUST Co grew its holdings in LKQ by 618.0% during the 4th quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company’s stock valued at $61,000 after purchasing an additional 1,440 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors.

Insider Transactions at LKQ

In other news, Director Dominick P. Zarcone sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $36.14, for a total value of $180,700.00. Following the completion of the sale, the director now owns 369,462 shares of the company’s stock, valued at approximately $13,352,356.68. This represents a 1.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

LKQ has been the topic of several analyst reports. StockNews.com upgraded shares of LKQ from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Robert W. Baird cut their price target on shares of LKQ from $50.00 to $48.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Barrington Research reissued an “outperform” rating and issued a $60.00 price objective on shares of LKQ in a research report on Friday, October 25th. Finally, Stifel Nicolaus lowered their price objective on shares of LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $53.80.

LKQ Price Performance

LKQ stock opened at $37.25 on Friday. The stock has a market cap of $9.68 billion, a price-to-earnings ratio of 13.90 and a beta of 1.29. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.72 and a quick ratio of 0.67. LKQ Co. has a 1 year low of $35.56 and a 1 year high of $53.68. The firm has a 50-day moving average of $37.61 and a two-hundred day moving average of $38.90.

About LKQ

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.