Synovus Financial Corp Has $2.44 Million Holdings in LKQ Co. (LKQ)
Synovus Financial Corp decreased its stake in LKQ Co. (NASDAQ:LKQ) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,011 shares of the auto parts company’s stock after selling 1,600 shares during the quarter. Synovus Financial Corp’s holdings in LKQ were worth $2,440,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Bank of Montreal Can boosted its stake in shares of LKQ by 22.9% in the fourth quarter. Bank of Montreal Can now owns 837,550 shares of the auto parts company’s stock worth $34,062,000 after acquiring an additional 156,224 shares during the period. Norris Perne & French LLP MI boosted its stake in shares of LKQ by 3.7% in the third quarter. Norris Perne & French LLP MI now owns 305,470 shares of the auto parts company’s stock worth $10,994,000 after acquiring an additional 10,951 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of LKQ by 110.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 20,606 shares of the auto parts company’s stock worth $679,000 after acquiring an additional 10,810 shares during the period. S&CO Inc. boosted its stake in shares of LKQ by 41.7% in the third quarter. S&CO Inc. now owns 17,000 shares of the auto parts company’s stock worth $612,000 after acquiring an additional 5,000 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of LKQ by 6.8% in the third quarter. Russell Investments Group Ltd. now owns 415,050 shares of the auto parts company’s stock worth $14,938,000 after acquiring an additional 26,495 shares during the period. Institutional investors and hedge funds own 91.76% of the company’s stock.
In related news, Director William M. Iv Webster sold 100,000 shares of the stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $40.02, for a total transaction of $4,002,000.00. Following the completion of the transaction, the director now directly owns 119,222 shares of the company’s stock, valued at $4,771,264.44. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP John S. Quinn sold 10,301 shares of the stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $43.24, for a total value of $445,415.24. Following the transaction, the executive vice president now directly owns 296,765 shares of the company’s stock, valued at $12,832,118.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 142,801 shares of company stock valued at $5,811,690. 1.10% of the stock is owned by corporate insiders.
LKQ Co. (NASDAQ LKQ) opened at $41.46 on Wednesday. LKQ Co. has a one year low of $27.85 and a one year high of $43.86. The company has a market capitalization of $12,908.78, a P/E ratio of 25.91, a P/E/G ratio of 1.18 and a beta of 0.94. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.10 and a current ratio of 2.82.
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LKQ Company Profile
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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