Polaris Capital Management LLC Buys 25,400 Shares of LKQ Co. (NASDAQ:LKQ)

Polaris Capital Management LLC raised its stake in shares of LKQ Co. (NASDAQ:LKQ) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 705,700 shares of the auto parts company’s stock after buying an additional 25,400 shares during the quarter. Polaris Capital Management LLC’s holdings in LKQ were worth $25,934,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Catalyst Capital Advisors LLC acquired a new position in LKQ in the 3rd quarter worth $25,000. Allworth Financial LP lifted its stake in LKQ by 94.2% in the third quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company’s stock valued at $40,000 after acquiring an additional 490 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of LKQ by 31.2% in 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 period. Kennebec Savings Bank acquired a new position in LKQ during the third quarter worth approximately $57,000. Finally, CENTRAL TRUST Co raised its stake in LKQ by 618.0% in the fourth quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company’s stock valued at $61,000 after buying an additional 1,440 shares during the period. Institutional investors own 95.63% of the company’s stock.

LKQ Trading Up 0.3 %

Shares of LKQ opened at $37.35 on Tuesday. 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 stock has a market capitalization of $9.71 billion, a P/E ratio of 13.94 and a beta of 1.29. The firm has a fifty day simple moving average of $37.57 and a two-hundred day simple moving average of $38.81.

Analyst Upgrades and Downgrades

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

Insider Transactions at LKQ

In other news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $36.14, for a total value of $180,700.00. Following the sale, the director now directly owns 369,462 shares in the company, valued at $13,352,356.68. The trade was a 1.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.55% of the stock is currently owned by company insiders.

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.