LKQ Corporation (NASDAQ: LKQ) Shares Offered by Avior Wealth Management LLC
Avior Wealth Management LLC cut its holdings in shares of LKQ Corporation (NASDAQ: LKQ) by 96.4% in the first quarter, according to the business in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 781 shares of the car parts company’s stock after selling 20,850 shares during the quarter.
Other hedge funds and institutional financiers have likewise added to or minimized their stakes in the business. UMB Bank n.a. lifted its position in shares of LKQ by 104.8% in the first quarter. UMB Bank n.a. now owns 977 shares of the automobile parts company’s stock valued at $42,000 after acquiring an additional 500 shares in the last quarter. Bruce G. Allen Investments LLC lifted its position in shares of LKQ by 299.6% in the 1st quarter. Bruce G. Allen Investments LLC now owns 1,135 shares of the car parts company’s stock valued at $48,000 after getting an extra 851 shares in the last quarter. Allworth Financial LP lifted its position in shares of LKQ by 107.8% in the 4th quarter. Allworth Financial LP now owns 2,099 shares of the automobile parts company’s stock valued at $82,000 after obtaining an extra 1,089 shares in the last quarter. Parallel Advisors LLC raised its position in shares of LKQ by 56.2% in the 1st quarter. Parallel Advisors LLC now owns 1,971 shares of the car parts company’s stock valued at $84,000 after obtaining an additional 709 shares in the last quarter. Bessemer Group Inc. raised its position in shares of LKQ by 71.3% in the 4th quarter. Bessemer Group Inc. now owns 3,116 shares of the automobile parts company’s stock valued at $114,000 after obtaining an additional 1,297 shares in the last quarter. 95.63% of the stock is owned by hedge funds and institutional financiers.
In other LKQ news, CEO Justin L. Jude bought 2,708 shares of the company’s stock in a deal dated Friday, April 25th. The shares were purchased at an average rate of $36.99 per share, for a total deal of $100,168.92. Following the purchase, the CEO now owns 280,777 shares in the company, valued at $10,385,941.23. This trade represents a 0.97% boost in their position.
Wall Street Analyst Weigh In View Our Latest Research Report on LKQ Stock Up 0.6% LKQ stock opened at $37.36 on Tuesday. LKQ Corporation has a 12-month low of $35.56 and a 12-month high of $46.64. The company has a quick ratio of 0.56, a current ratio of 1.52 and a debt-to-equity ratio of 0.62. The company has a market cap of $9.64 billion, a price-to-earnings ratio of 13.94 and a beta of 0.98. The business has a 50-day moving average of $39.83 and a 200-day moving average of $39.51.
LKQ (NASDAQ: LKQ) last released its revenues results on Thursday, April 24th. The automobile parts business reported $0.79 revenues per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.79. LKQ had a net margin of 4.97% and a return on equity of 14.66%. The company had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter in the prior year, the company earned $0.82 EPS. The company’s revenue was down 6.5% compared to the same quarter last year. On average, equities analysts predict that LKQ Corporation will post 3.57 earnings per share for the current fiscal year.
LKQ Reveals Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.20 dividend on an annualized basis and a yield of 3.21%. LKQ’s payout ratio is 44.78%.
LKQ Profile LKQ Corporation engages in the distribution of replacement systems, parts, and components used in the repair and maintenance of vehicles and specialized automotive aftermarket products and accessories.
It operates through four sections: Wholesale-North America, Europe, Specialty, and Self-Service. The company distributes bumper covers, automobile body panels, and lights, as well as mechanical vehicle parts and accessories; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk hoods, covers, and fenders; lights and bumper assemblies; scrap metal and other products to metals recyclers; and brake discs, sensors and pads, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical items, including spark plugs and batteries.
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Avior Wealth Management LLC cut its holdings in shares of LKQ Corporation (NASDAQ: LKQ) by 96.4% in the 1st quarter, according to the business in its most recent disclosure with the Securities and Exchange Commission (SEC). UMB Bank n.a. now owns 977 shares of the vehicle parts company’s stock valued at $42,000 after obtaining an additional 500 shares in the last quarter. Allworth Financial LP now owns 2,099 shares of the automobile parts company’s stock valued at $82,000 after getting an additional 1,089 shares in the last quarter. Bessemer Group Inc. now owns 3,116 shares of the auto parts company’s stock valued at $114,000 after obtaining an additional 1,297 shares in the last quarter. Wall Street Expert Weigh In View Our Newest Research Report on LKQ Stock Up 0.6% LKQ stock opened at $37.36 on Tuesday.
