Gmt Capital Corp buys $35,689,072 stake in LKQ Corporation (LKQ)

LKQ Corporation (LKQ) : Gmt Capital Corp scooped up 41,600 additional shares in LKQ Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 1,028,800 shares of LKQ Corporation which is valued at $35,689,072.LKQ Corporation makes up approximately 0.80% of Gmt Capital Corp’s portfolio.

Other Hedge Funds, Including , Finemark National Bank Trust reduced its stake in LKQ by selling 1,100 shares or 5.22% in the most recent quarter. The Hedge Fund company now holds 19,981 shares of LKQ which is valued at $693,141. LKQ Corporation makes up approx 0.07% of Finemark National Bank Trust’s portfolio. Brc Investment Management added LKQ to its portfolio by purchasing 114,533 company shares during the most recent quarter which is valued at $4,030,416. LKQ Corporation makes up approx 0.68% of Brc Investment Management’s portfolio.Calvert Investment Management boosted its stake in LKQ in the latest quarter, The investment management firm added 3,122 additional shares and now holds a total of 19,388 shares of LKQ Corporation which is valued at $682,264. LKQ Corporation makes up approx 0.03% of Calvert Investment Management’s portfolio.Proficio Capital Partners boosted its stake in LKQ in the latest quarter, The investment management firm added 44 additional shares and now holds a total of 138 shares of LKQ Corporation which is valued at $4,746.Atwood Palmer Inc boosted its stake in LKQ in the latest quarter, The investment management firm added 16,900 additional shares and now holds a total of 255,950 shares of LKQ Corporation which is valued at $8,533,373. LKQ Corporation makes up approx 1.48% of Atwood Palmer Inc’s portfolio.

LKQ Corporation opened for trading at $34.81 and hit $35.38 on the upside on Monday, eventually ending the session at $35.35, with a gain of 2.02% or 0.7 points. The heightened volatility saw the trading volume jump to 14,72,017 shares. Company has a market cap of $10,856 M.

On the company’s financial health, LKQ Corporation reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.48. The company had revenue of $2450.69 million for the quarter, compared to analysts expectations of $2413.43 million. The company’s revenue was up 33.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.

LKQ Corporation 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. The company distributes a variety of products to collision and mechanical repair shops including aftermarket collision and mechanical products recycled collision and mechanical products refurbished collision products such as wheels bumper covers and lights and remanufactured engines. It is a provider of alternative vehicle collision replacement products and alternative vehicle mechanical replacement products with its sales processing and distribution facilities reaching markets in the United States and Canada. It also provides alternative vehicle replacement and maintenance products in the United Kingdom and the Benelux region of continental Europe. The Company is organized into four segments: Wholesale – North America; Wholesale – Europe; Self Service and Specialty.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *