Coyle Financial Counsel buys $2,647,591 stake in LKQ Corporation (LKQ)

LKQ Corporation (LKQ) : Coyle Financial Counsel scooped up 1,375 additional shares in LKQ Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 25, 2016. The investment management firm now holds a total of 77,551 shares of LKQ Corporation which is valued at $2,647,591.LKQ Corporation makes up approximately 3.69% of Coyle Financial Counsel’s portfolio.

Other Hedge Funds, Including , Louisiana State Employees Retirement System reduced its stake in LKQ by selling 64,800 shares or 76.33% in the most recent quarter. The Hedge Fund company now holds 20,100 shares of LKQ which is valued at $686,214. LKQ Corporation makes up approx 0.03% of Louisiana State Employees Retirement System’s portfolio.1st Global Advisors reduced its stake in LKQ by selling 35 shares or 0.09% in the most recent quarter. The Hedge Fund company now holds 38,341 shares of LKQ which is valued at $1,278,289. LKQ Corporation makes up approx 0.17% of 1st Global Advisors’s portfolio.Checchi Capital Advisers reduced its stake in LKQ by selling 2 shares or 0.07% in the most recent quarter. The Hedge Fund company now holds 3,009 shares of LKQ which is valued at $100,320. LKQ Corporation makes up approx 0.02% of Checchi Capital Advisers’s portfolio.Fox Run Management L.l.c. reduced its stake in LKQ by selling 6,500 shares or 42.21% in the most recent quarter. The Hedge Fund company now holds 8,900 shares of LKQ which is valued at $292,721. LKQ Corporation makes up approx 0.14% of Fox Run Management L.l.c.’s portfolio.

LKQ Corporation opened for trading at $33.66 and hit $34.51 on the upside on Friday, eventually ending the session at $34.39, with a gain of 2.29% or 0.77 points. The heightened volatility saw the trading volume jump to 24,93,812 shares. Company has a market cap of $10,547 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.

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