Dean Investment Associates LLC Has $2.92 Million Stock Holdings in LKQ Co. (NASDAQ:LKQ)

Dean Investment Associates LLC reduced its stake in LKQ Co. (NASDAQ:LKQ) by 11.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 79,508 shares of the auto parts company’s stock after selling 10,588 shares during the quarter. Dean Investment Associates LLC’s holdings in LKQ were worth $2,922,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in LKQ. Cromwell Holdings LLC increased its position in LKQ by 81.0% during the 4th quarter. Cromwell Holdings LLC now owns 742 shares of the auto parts company’s stock worth $27,000 after buying an additional 332 shares during the period. CENTRAL TRUST Co increased its holdings in shares of LKQ by 618.0% during the fourth quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company’s stock worth $61,000 after purchasing an additional 1,440 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of LKQ in the third quarter valued at approximately $81,000. Allworth Financial LP increased its stake in LKQ by 107.8% during the 4th quarter. Allworth Financial LP now owns 2,099 shares of the auto parts company’s stock worth $82,000 after acquiring an additional 1,089 shares during the period. Finally, Blue Trust Inc. raised its holdings in LKQ by 25.9% in the 4th quarter. Blue Trust Inc. now owns 2,847 shares of the auto parts company’s stock valued at $105,000 after acquiring an additional 585 shares in the last quarter. Institutional investors own 95.63% of the company’s stock.

Insider Buying and Selling at LKQ

In other news, Director Dominick P. Zarcone sold 15,000 shares of LKQ stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $42.15, for a total value of $632,250.00. Following the completion of the transaction, the director now directly owns 321,135 shares of the company’s stock, valued at approximately $13,535,840.25. This trade represents a 4.46 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders sold 45,000 shares of company stock valued at $1,864,350. 0.47% of the stock is currently owned by company insiders.

LKQ Stock Performance

LKQ stock opened at $42.03 on Friday. The business has a 50 day moving average of $41.26 and a 200-day moving average of $39.12. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.71 and a quick ratio of 0.67. LKQ Co. has a 1 year low of $35.56 and a 1 year high of $49.50. The company has a market capitalization of $10.87 billion, a P/E ratio of 16.04 and a beta of 1.09.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings results on Thursday, February 20th. The auto parts company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.04. The company had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.42 billion. LKQ had a net margin of 4.81% and a return on equity of 14.93%. On average, equities research analysts predict that LKQ Co. will post 3.57 earnings per share for the current year.

LKQ Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.86%. The ex-dividend date was Thursday, March 13th. LKQ’s payout ratio is presently 45.80%.

Analyst Upgrades and Downgrades

LKQ has been the subject of a number of analyst reports. Barrington Research reaffirmed an “outperform” rating and issued a $60.00 price target on shares of LKQ in a research note on Thursday, February 20th. StockNews.com raised shares of LKQ from a “hold” rating to a “buy” rating in a research note on Thursday, March 20th. Finally, JPMorgan Chase & Co. raised their target price on LKQ from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, LKQ currently has a consensus rating of “Buy” and a consensus price target of $52.60.

LKQ Company 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.