Glacier Peak Capital Lowered Position in New York Reit Reit (NYRT) by $5.67 Million as Market Valuation Rose; As Lkq (LKQ) Stock Declined, New South Capital Management Boosted Holding

May 17, 2018 - By reb123z

LKQ Corporation (NASDAQ:LKQ) Logo

New South Capital Management Inc increased its stake in Lkq Corp (LKQ) by 4.69% based on its latest 2017Q4 regulatory filing with the SEC. New South Capital Management Inc bought 88,567 shares as the company’s stock declined 7.91% with the market. The institutional investor held 1.98M shares of the motor vehicles company at the end of 2017Q4, valued at $80.38M, up from 1.89 million at the end of the previous reported quarter. New South Capital Management Inc who had been investing in Lkq Corp for a number of months, seems to be bullish on the $9.46 billion market cap company. The stock decreased 0.26% or $0.08 during the last trading session, reaching $30.54. About 867,602 shares traded. LKQ Corporation (NASDAQ:LKQ) has risen 27.90% since May 17, 2017 and is uptrending. It has outperformed by 16.35% the S&P500.

Glacier Peak Capital Llc decreased its stake in New York Reit Inc Reit (NYRT) by 91.31% based on its latest 2017Q4 regulatory filing with the SEC. Glacier Peak Capital Llc sold 810,234 shares as the company’s stock rose 5.30% while stock markets declined. The hedge fund held 77,100 shares of the consumer services company at the end of 2017Q4, valued at $605,000, down from 887,334 at the end of the previous reported quarter. Glacier Peak Capital Llc who had been investing in New York Reit Inc Reit for a number of months, seems to be less bullish one the $298.22 million market cap company. The stock increased 0.45% or $0.08 during the last trading session, reaching $17.76. About 76,192 shares traded. New York REIT, Inc. (NYSE:NYRT) has declined 23.37% since May 17, 2017 and is downtrending. It has underperformed by 34.92% the S&P500.

Among 13 analysts covering LKQ (NASDAQ:LKQ), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. LKQ had 29 analyst reports since January 15, 2016 according to SRatingsIntel. As per Wednesday, March 2, the company rating was initiated by Sterne Agee CRT. Jefferies initiated the stock with “Buy” rating in Monday, January 18 report. As per Sunday, December 10, the company rating was maintained by Stifel Nicolaus. The company was downgraded on Tuesday, July 25 by Northcoast. Stephens maintained LKQ Corporation (NASDAQ:LKQ) rating on Tuesday, January 16. Stephens has “Buy” rating and $50.0 target. The firm has “Buy” rating by Northcoast given on Monday, February 12. Jefferies maintained the shares of LKQ in report on Thursday, July 6 with “Buy” rating. The stock of LKQ Corporation (NASDAQ:LKQ) has “Buy” rating given on Tuesday, November 29 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 25. Robert W. Baird maintained LKQ Corporation (NASDAQ:LKQ) on Wednesday, August 30 with “Buy” rating.

More notable recent LKQ Corporation (NASDAQ:LKQ) news were published by: Nasdaq.com which released: “LKQ Corporation Announces Results for First Quarter 2018” on April 26, 2018, also Seekingalpha.com with their article: “LKQ Corporation 2018 Q1 – Results – Earnings Call Slides” published on April 26, 2018, Fool.com published: “Cost Pressures Punish LKQ” on April 26, 2018. More interesting news about LKQ Corporation (NASDAQ:LKQ) were released by: Nasdaq.com and their article: “LKQ Corporation to Present at Upcoming Investor Conferences” published on May 17, 2018 as well as Nasdaq.com‘s news article titled: “New Research Coverage Highlights MPLX LP, TESARO, LKQ, Cytokinetics, Keysight Technologies, and Charles River …” with publication date: April 20, 2018.

Since December 8, 2017, it had 0 insider buys, and 6 sales for $6.00 million activity. Another trade for 100,000 shares valued at $4.00 million was made by WEBSTER WILLIAM M IV on Friday, December 8. $1.06M worth of stock was sold by CASINI VICTOR M on Thursday, January 25. On Monday, May 7 the insider Hanser Robert M. sold $33,300. HOLSTEN JOSEPH M had sold 5,254 shares worth $158,964.

New South Capital Management Inc, which manages about $3.52B and $4.31 billion US Long portfolio, decreased its stake in Rush Enterprises Inc Class A (NASDAQ:RUSHA) by 151,913 shares to 755,694 shares, valued at $38.40 million in 2017Q4, according to the filing. It also reduced its holding in Ishares (IWM) by 9,705 shares in the quarter, leaving it with 48,700 shares, and cut its stake in Infinity Property & Casualty C (NASDAQ:IPCC).

Investors sentiment increased to 1.16 in Q4 2017. Its up 0.24, from 0.92 in 2017Q3. It is positive, as 27 investors sold LKQ shares while 166 reduced holdings. 77 funds opened positions while 147 raised stakes. 275.57 million shares or 0.71% more from 273.62 million shares in 2017Q3 were reported. Grandeur Peak Global Advsrs Limited Com, Us-based fund reported 142,925 shares. Srb Corp holds 5,168 shares or 0.03% of its portfolio. Capital Investment Svcs Of America Inc reported 2.28% in LKQ Corporation (NASDAQ:LKQ). Liberty Mutual Group Asset Management holds 0.01% in LKQ Corporation (NASDAQ:LKQ) or 12,310 shares. Thompson Mgmt Inc has 133,107 shares for 0.96% of their portfolio. Garrison Bradford & has 2.11% invested in LKQ Corporation (NASDAQ:LKQ). Frontier Capital Mngmt Lc accumulated 0.93% or 3.11M shares. The Minnesota-based Summit Creek Advisors Ltd has invested 1.83% in LKQ Corporation (NASDAQ:LKQ). Rampart Invest Mngmt Company Ltd Liability Company owns 0.07% invested in LKQ Corporation (NASDAQ:LKQ) for 4,235 shares. Advisory Ser Ntwk Lc owns 19,459 shares. Whittier Tru has invested 0.3% in LKQ Corporation (NASDAQ:LKQ). Kbc Nv invested 0.04% in LKQ Corporation (NASDAQ:LKQ). New York State Teachers Retirement accumulated 539,704 shares or 0.05% of the stock. Nordea Inv Mgmt Ab, Sweden-based fund reported 3.32 million shares. Lafleur Godfrey Limited Liability Company has invested 1.85% in LKQ Corporation (NASDAQ:LKQ).

More news for New York REIT, Inc. (NYSE:NYRT) were recently published by: Prnewswire.com, which released: “New York REIT, Inc. Declares a $4.85 Per Share Cash Liquidating Distribution” on May 01, 2018. Seekingalpha.com‘s article titled: “Brookfield Property buys low” and published on April 23, 2018 is yet another important article.

Among 5 analysts covering New York REIT (NYSE:NYRT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. New York REIT had 10 analyst reports since October 9, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, November 16 by Evercore. The stock of New York REIT, Inc. (NYSE:NYRT) earned “Buy” rating by Compass Point on Thursday, June 30. JMP Securities upgraded the stock to “Mkt Outperform” rating in Friday, October 9 report. The firm has “Buy” rating by Compass Point given on Friday, October 30. SunTrust maintained the shares of NYRT in report on Friday, November 3 with “Hold” rating. The rating was maintained by SunTrust on Friday, December 1 with “Hold”. SunTrust maintained it with “Hold” rating and $26.0 target in Sunday, March 18 report. SunTrust maintained the stock with “Hold” rating in Wednesday, January 31 report.

LKQ Corporation (NASDAQ:LKQ) Institutional Positions Chart

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