LKQ Corporation (LKQ) : Thompson Investment Management reduced its stake in LKQ Corporation by 2.02% during the most recent quarter end. The investment management company now holds a total of 157,911 shares of LKQ Corporation which is valued at $5,504,777 after selling 3,260 shares in LKQ Corporation , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.LKQ Corporation makes up approximately 1.08% of Thompson Investment Management’s portfolio.
Other Hedge Funds, Including , Wright Investors Service Inc added LKQ to its portfolio by purchasing 7,060 company shares during the most recent quarter which is valued at $246,112. LKQ Corporation makes up approx 0.10% of Wright Investors Service Inc’s portfolio. Clarivest Asset Management added LKQ to its portfolio by purchasing 42 company shares during the most recent quarter which is valued at $1,444.Cambiar Investors reduced its stake in LKQ by selling 4,667 shares or 3.79% in the most recent quarter. The Hedge Fund company now holds 118,323 shares of LKQ which is valued at $4,039,547. LKQ Corporation makes up approx 0.06% of Cambiar Investors’s portfolio.Ls Investment Advisors reduced its stake in LKQ by selling 5,732 shares or 31.53% in the most recent quarter. The Hedge Fund company now holds 12,449 shares of LKQ which is valued at $415,050. LKQ Corporation makes up approx 0.03% of Ls Investment Advisors’s portfolio.Gradient Investments reduced its stake in LKQ by selling 265 shares or 42.06% in the most recent quarter. The Hedge Fund company now holds 365 shares of LKQ which is valued at $11,925.
LKQ Corporation closed down -0.19 points or -0.55% at $34.67 with 23,52,852 shares getting traded on Thursday. Post opening the session at $34.92, the shares hit an intraday low of $34.59 and an intraday high of $35.08 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.