Segall Bryant Hamill buys $56,743,530 stake in LKQ Corporation (LKQ)

LKQ Corporation (LKQ) : Segall Bryant Hamill scooped up 122,082 additional shares in LKQ Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 1,744,881 shares of LKQ Corporation which is valued at $56,743,530.LKQ Corporation makes up approximately 1.46% of Segall Bryant Hamill’s portfolio.

Other Hedge Funds, Including , Royce Associates Lp boosted its stake in LKQ in the latest quarter, The investment management firm added 577 additional shares and now holds a total of 190,524 shares of LKQ Corporation which is valued at $6,195,840. LKQ Corporation makes up approx 0.04% of Royce Associates Lp’s portfolio.American Century Companies Inc reduced its stake in LKQ by selling 29,727 shares or 0.92% in the most recent quarter. The Hedge Fund company now holds 3,213,099 shares of LKQ which is valued at $102,176,548. LKQ Corporation makes up approx 0.12% of American Century Companies Inc’s portfolio.Mutual Of America Capital Management boosted its stake in LKQ in the latest quarter, The investment management firm added 750 additional shares and now holds a total of 36,589 shares of LKQ Corporation which is valued at $1,163,530. LKQ Corporation makes up approx 0.02% of Mutual Of America Capital Management’s portfolio.Concorde Asset Management reduced its stake in LKQ by selling 388 shares or 5.72% in the most recent quarter. The Hedge Fund company now holds 6,396 shares of LKQ which is valued at $204,480. LKQ Corporation makes up approx 0.26% of Concorde Asset Management’s portfolio.Dnb Asset Management As boosted its stake in LKQ in the latest quarter, The investment management firm added 2,700 additional shares and now holds a total of 17,962 shares of LKQ Corporation which is valued at $579,813. LKQ Corporation makes up approx 0.01% of Dnb Asset Management As’s portfolio.

LKQ Corporation closed down -0.42 points or -1.29% at $32.25 with 17,77,900 shares getting traded on Monday. Post opening the session at $32.57, the shares hit an intraday low of $32.14 and an intraday high of $32.62 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, LKQ Corporation reported $0.45 EPS for the quarter, based on the information available during the earnings call on Oct 27, 2016. Analyst had a consensus estimate of $0.45. The company had revenue of $2386.83 million for the quarter, compared to analysts expectations of $2456.62 million. The company’s revenue was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.

Many Wall Street Analysts have commented on LKQ Corporation. Susquehanna Initiated LKQ Corporation on Aug 26, 2016 to “Positive”, Price Target of the shares are set at $42.

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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