OLD Second National Bank of Aurora Purchases 287 Shares of LKQ Co. (NASDAQ:LKQ)

OLD Second National Bank of Aurora grew its position in LKQ Co. (NASDAQ:LKQ) by 0.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 44,169 shares of the auto parts company’s stock after buying an additional 287 shares during the period. OLD Second National Bank of Aurora’s holdings in LKQ were worth $1,623,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Catalyst Capital Advisors LLC bought a new stake in shares of LKQ in the 3rd quarter valued at about $25,000. Allworth Financial LP boosted its stake in LKQ by 94.2% in the 3rd quarter. Allworth Financial LP now owns 1,010 shares of the auto parts company’s stock worth $40,000 after purchasing an additional 490 shares in the last quarter. Bruce G. Allen Investments LLC boosted its stake in 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 purchasing an additional 289 shares in the last quarter. Private Trust Co. NA boosted its stake in LKQ by 31.2% in the 3rd 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. Finally, Kennebec Savings Bank acquired a new stake in LKQ in the 3rd quarter worth approximately $57,000. 95.63% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Barrington Research reiterated an “outperform” rating and issued a $60.00 target price on shares of LKQ in a research note on Friday, October 25th. StockNews.com upgraded shares of LKQ from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Stifel Nicolaus reduced their price target 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. Finally, Robert W. Baird reduced their price target on shares of LKQ from $50.00 to $48.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $53.80.

LKQ Stock Performance

LKQ opened at $37.84 on Thursday. LKQ Co. has a 12-month low of $35.56 and a 12-month high of $53.68. The company has a current ratio of 1.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $9.84 billion, a PE ratio of 14.12 and a beta of 1.30. The firm has a 50 day moving average of $37.84 and a two-hundred day moving average of $39.24.

Insider Activity

In other 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 transaction of $184,200.00. Following the completion of the transaction, the director now directly owns 374,462 shares of the company’s stock, valued at $13,795,180.08. The trade was a 1.32 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.55% of the company’s stock.

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.