Robeco Institutional Asset Management B.V. Grows Stake in LKQ Co. (NASDAQ:LKQ)

Robeco Institutional Asset Management B.V. grew its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 54.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 100,887 shares of the auto parts company’s stock after buying an additional 35,670 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in LKQ were worth $3,708,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bruce G. Allen Investments LLC raised its position in shares of LKQ by 33.5% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,151 shares of the auto parts company’s stock worth $46,000 after acquiring an additional 289 shares in the last quarter. Private Trust Co. NA raised its holdings in LKQ by 31.2% in the third quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company’s stock worth $50,000 after purchasing an additional 299 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in LKQ by 0.3% during the third quarter. Asset Management One Co. Ltd. now owns 103,156 shares of the auto parts company’s stock valued at $4,118,000 after buying an additional 306 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of LKQ by 9.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 4,841 shares of the auto parts company’s stock valued at $178,000 after buying an additional 412 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in shares of LKQ by 7.0% in the 3rd quarter. Van ECK Associates Corp now owns 7,372 shares of the auto parts company’s stock worth $279,000 after buying an additional 485 shares during the period. Hedge funds and other institutional investors own 95.63% of the company’s stock.

Wall Street Analyst Weigh In

LKQ has been the subject of a number of recent research reports. StockNews.com raised shares of LKQ from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Robert W. Baird dropped their price target on LKQ from $50.00 to $48.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Barrington Research restated an “outperform” rating and issued a $60.00 price target on shares of LKQ in a research note on Friday, October 25th. Finally, Stifel Nicolaus lowered their price objective on LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $53.80.

Insider Activity at LKQ

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of LKQ stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $36.84, for a total value of $184,200.00. Following the completion of the sale, the director now owns 374,462 shares of the company’s stock, valued at approximately $13,795,180.08. The trade was a 1.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.55% of the stock is currently owned by insiders.

LKQ Price Performance

Shares of NASDAQ LKQ opened at $37.39 on Monday. The company has a 50 day moving average of $37.83 and a 200 day moving average of $39.10. The company has a quick ratio of 0.67, a current ratio of 1.72 and a debt-to-equity ratio of 0.69. LKQ Co. has a twelve month low of $35.56 and a twelve month high of $53.68. The firm has a market cap of $9.72 billion, a P/E ratio of 13.95 and a beta of 1.30.

LKQ Profile

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.