LKQ Corporation (NASDAQ:LKQ) was the recipient of unusually large options trading on Tuesday. Traders acquired 7,465 call options on the stock. This represents an increase of approximately Infinity compared to the typical volume of 0 call options.

Several equities research analysts recently weighed in on LKQ shares. Northcoast Research cut LKQ Corporation from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 25th. Zacks Investment Research cut LKQ Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Susquehanna Bancshares Inc restated a “positive” rating and set a $40.00 target price (up previously from $38.00) on shares of LKQ Corporation in a research note on Monday, July 31st. BidaskClub upgraded LKQ Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $37.00 price objective on shares of LKQ Corporation in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $40.67.

Shares of LKQ Corporation (NASDAQ LKQ) opened at $37.67 on Friday. The company has a quick ratio of 1.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.75. LKQ Corporation has a 52 week low of $27.85 and a 52 week high of $38.16. The firm has a market capitalization of $11,576.79, a P/E ratio of 20.58, a price-to-earnings-growth ratio of 1.10 and a beta of 0.96.

LKQ Corporation (NASDAQ:LKQ) last issued its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.03. LKQ Corporation had a return on equity of 15.10% and a net margin of 5.27%. The company had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same quarter in the previous year, the business earned $0.41 earnings per share. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. equities research analysts expect that LKQ Corporation will post 1.89 EPS for the current year.

In related news, VP Victor M. Casini sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $36.82, for a total transaction of $920,500.00. Following the completion of the sale, the vice president now owns 213,884 shares in the company, valued at $7,875,208.88. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director A Clinton Allen sold 16,000 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $32.92, for a total value of $526,720.00. Following the sale, the director now owns 196,083 shares of the company’s stock, valued at approximately $6,455,052.36. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Greenleaf Trust raised its stake in shares of LKQ Corporation by 2.1% during the second quarter. Greenleaf Trust now owns 15,309 shares of the auto parts company’s stock worth $504,000 after purchasing an additional 309 shares during the last quarter. Groesbeck Investment Management Corp NJ raised its stake in shares of LKQ Corporation by 1.1% during the second quarter. Groesbeck Investment Management Corp NJ now owns 36,460 shares of the auto parts company’s stock worth $1,201,000 after purchasing an additional 400 shares during the last quarter. Sentry Investment Management LLC raised its stake in shares of LKQ Corporation by 1.8% during the second quarter. Sentry Investment Management LLC now owns 23,828 shares of the auto parts company’s stock worth $785,000 after purchasing an additional 425 shares during the last quarter. Cedar Capital LLC raised its stake in shares of LKQ Corporation by 20.6% during the third quarter. Cedar Capital LLC now owns 7,900 shares of the auto parts company’s stock worth $284,000 after purchasing an additional 1,348 shares during the last quarter. Finally, Aperio Group LLC raised its stake in shares of LKQ Corporation by 1.1% during the third quarter. Aperio Group LLC now owns 128,071 shares of the auto parts company’s stock worth $4,609,000 after purchasing an additional 1,431 shares during the last quarter. Institutional investors and hedge funds own 92.38% of the company’s stock.

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About LKQ Corporation

LKQ Corporation (LKQ) is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.

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