The Sawtooth Solutions LLC Sells 884 Shares of LKQ Corporation (LKQ), Report finds

Other large investors have also bought and sold shares of the company. Artisan Partners Limited Partnership boosted its position in shares of LKQ Corporation by 4.1% in the second quarter. Artisan Partners Limited Partnership now owns 29,430,648 shares of the company’s stock worth $932,952,000 after buying an additional 1,152,626 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of LKQ Corporation by 1.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 7,917,693 shares of the company’s stock worth $280,761,000 after buying an additional 102,303 shares during the last quarter. BlackRock Fund Advisors boosted its position in shares of LKQ Corporation by 2.4% in the third quarter. BlackRock Fund Advisors now owns 4,964,533 shares of the company’s stock worth $176,042,000 after buying an additional 118,628 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of LKQ Corporation by 482.3% in the third quarter. JPMorgan Chase & Co. now owns 4,881,400 shares of the company’s stock worth $173,094,000 after buying an additional 4,043,034 shares during the last quarter. Finally, Nicholas Co. Inc. WI boosted its position in shares of LKQ Corporation by 0.3% in the second quarter. Nicholas Co. Inc. WI now owns 4,579,557 shares of the company’s stock worth $145,171,000 after buying an additional 14,150 shares during the last quarter. Hedge funds and other institutional investors own 88.66% of the company’s stock.

Sawtooth Solutions LLC decreased its position in LKQ Corporation (NASDAQ:LKQ) by 4.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,028 shares of the company’s stock after selling 884 shares during the period. Sawtooth Solutions LLC’s holdings in LKQ Corporation were worth $710,000 at the end of the most recent reporting period.

LKQ Corporation (NASDAQ:LKQ) opened at 31.20 on Monday. LKQ Corporation has a 52-week low of $24.83 and a 52-week high of $36.35. The firm has a market capitalization of $9.59 billion, a price-to-earnings ratio of 20.39 and a beta of 0.51. The stock’s 50 day moving average price is $31.39 and its 200 day moving average price is $33.31.

LKQ has been the subject of a number of research analyst reports. Zacks Investment Research cut LKQ Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, November 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $37.00 price target on shares of LKQ Corporation in a report on Tuesday, November 29th. Finally, FBR & Co set a $40.00 price target on LKQ Corporation and gave the company a “buy” rating in a report on Sunday, October 30th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $39.29.

In other news, Director A Clinton Allen sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, December 20th. The stock was sold at an average price of $31.98, for a total transaction of $959,400.00. Following the completion of the transaction, the director now directly owns 276,246 shares in the company, valued at $8,834,347.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph M. Holsten sold 3,520 shares of the firm’s stock in a transaction dated Tuesday, January 17th. The stock was sold at an average price of $31.61, for a total value of $111,267.20. Following the transaction, the director now owns 260,927 shares of the company’s stock, valued at $8,247,902.47. The disclosure for this sale can be found here. Insiders sold 49,896 shares of company stock valued at $1,589,623 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

About LKQ Corporation

LKQ Corporation (LKQ) is a global 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. The company distributes a range of products to collision and mechanical repair shops, including aftermarket collision and mechanical products, and recycled collision and mechanical products.

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