Coyle Financial Counsel buys $2,533,614 stake in LKQ Corporation (LKQ)

LKQ Corporation (LKQ) : Coyle Financial Counsel scooped up 5,795 additional shares in LKQ Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 19, 2016. The investment management firm now holds a total of 76,176 shares of LKQ Corporation which is valued at $2,533,614.LKQ Corporation makes up approximately 3.95% of Coyle Financial Counsel’s portfolio.

LKQ Corporation closed down -0.25 points or -0.75% at $33.26 with 24,65,814 shares getting traded on Friday. Post opening the session at $33.51, the shares hit an intraday low of $33.235 and an intraday high of $33.7 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Gw&k Investment Management boosted its stake in LKQ in the latest quarter, The investment management firm added 59,925 additional shares and now holds a total of 324,196 shares of LKQ Corporation which is valued at $10,782,759. LKQ Corporation makes up approx 0.24% of Gw&k Investment Management’s portfolio.Carnegie Capital Asset Management boosted its stake in LKQ in the latest quarter, The investment management firm added 1,850 additional shares and now holds a total of 177,842 shares of LKQ Corporation which is valued at $5,904,354. LKQ Corporation makes up approx 0.89% of Carnegie Capital Asset Management’s portfolio.Creative Planning boosted its stake in LKQ in the latest quarter, The investment management firm added 1,236 additional shares and now holds a total of 2,260 shares of LKQ Corporation which is valued at $70,874.

On the company’s financial health, LKQ Corporation reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $0.31. The company had revenue of $1748.90 million for the quarter, compared to analysts expectations of $1796.63 million. The company’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

Many Wall Street Analysts have commented on LKQ Corporation. Company shares were Reiterated by Sterne Agee CRT on Apr 12, 2016 to “Buy”, Firm has raised the Price Target to $ 40 from a previous price target of $38 .Sterne Agee CRT Initiated LKQ Corporation on Mar 2, 2016 to “Buy”, Price Target of the shares are set at $38.

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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