Investec Asset Management LTD Lowered Unitedhealth Group (UNH) Holding By $84.78 Million, Lkq (LKQ) Sellers Increased By 14.54% Their Shorts

June 20, 2017 - By Henry Gaston

Lkq Corporation (NASDAQ:LKQ) had an increase of 14.54% in short interest. LKQ’s SI was 6.89 million shares in June as released by FINRA. Its up 14.54% from 6.01 million shares previously. With 1.69 million avg volume, 4 days are for Lkq Corporation (NASDAQ:LKQ)’s short sellers to cover LKQ’s short positions. The SI to Lkq Corporation’s float is 2.26%. About 207,629 shares traded. LKQ Corporation (NASDAQ:LKQ) has declined 1.30% since June 20, 2016 and is downtrending. It has underperformed by 18.00% the S&P500.

Investec Asset Management Ltd decreased Unitedhealth Group Inc (UNH) stake by 17.88% reported in 2016Q4 SEC filing. Investec Asset Management Ltd sold 529,858 shares as Unitedhealth Group Inc (UNH)’s stock rose 9.50%. The Investec Asset Management Ltd holds 2.43M shares with $389.49M value, down from 2.96M last quarter. Unitedhealth Group Inc now has $177.68B valuation. The stock declined 0.02% or $0.04 reaching $182.98 per share. About 378,819 shares traded. UnitedHealth Group Inc (NYSE:UNH) has risen 32.76% since June 20, 2016 and is uptrending. It has outperformed by 16.06% the S&P500.

Investors sentiment increased to 1.05 in Q4 2016. Its up 0.11, from 0.94 in 2016Q3. It increased, as 48 investors sold LKQ Corporation shares while 171 reduced holdings. 54 funds opened positions while 177 raised stakes. 267.94 million shares or 0.59% more from 266.36 million shares in 2016Q3 were reported. Cibc Markets Inc stated it has 0.01% of its portfolio in LKQ Corporation (NASDAQ:LKQ). Hodges Capital Management Inc invested in 15,000 shares or 0.02% of the stock. Blackrock Gp Ltd accumulated 2.33M shares or 0.03% of the stock. Palisade Cap Management Limited Liability Com Nj owns 839,040 shares. Florida-based Raymond James Financial Svcs has invested 0% in LKQ Corporation (NASDAQ:LKQ). Moreover, Rice Hall James Limited Co has 0.07% invested in LKQ Corporation (NASDAQ:LKQ) for 47,591 shares. Tower Cap (Trc) invested in 0.02% or 5,230 shares. Cantab Llp stated it has 0% in LKQ Corporation (NASDAQ:LKQ). Bessemer Group has invested 0% in LKQ Corporation (NASDAQ:LKQ). Parkside Bank Tru, a Missouri-based fund reported 2,645 shares. Henderson Gp Public Limited Liability Corp accumulated 1.46 million shares. Davy Asset Mngmt invested in 27,838 shares or 0.18% of the stock. Credit Agricole S A holds 0.01% of its portfolio in LKQ Corporation (NASDAQ:LKQ) for 117,231 shares. Next Financial Group, a Texas-based fund reported 100 shares. Robeco Institutional Asset Mngmt Bv holds 0.01% or 58,783 shares in its portfolio.

Among 7 analysts covering LKQ (NASDAQ:LKQ), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. LKQ had 9 analyst reports since January 15, 2016 according to SRatingsIntel. The firm has “Buy” rating by Sterne Agee CRT given on Wednesday, March 2. Susquehanna initiated the stock with “Positive” rating in Friday, August 26 report. Jefferies maintained the stock with “Buy” rating in Tuesday, May 30 report. As per Tuesday, February 21, the company rating was initiated by JP Morgan. Robert W. Baird maintained LKQ Corporation (NASDAQ:LKQ) rating on Tuesday, March 22. Robert W. Baird has “Outperform” rating and $36 target. The firm has “Buy” rating given on Monday, January 18 by Jefferies. The company was reinitiated on Tuesday, November 29 by Stifel Nicolaus. Jefferies initiated it with “Buy” rating and $37.0 target in Friday, January 15 report.

Since January 17, 2017, it had 1 buy, and 10 selling transactions for $4.71 million activity. Another trade for 16,376 shares valued at $518,943 was sold by Quinn John S. HOLSTEN JOSEPH M also sold $111,260 worth of LKQ Corporation (NASDAQ:LKQ) shares. The insider CASINI VICTOR M sold $753,025. 20,000 LKQ Corporation (NASDAQ:LKQ) shares with value of $640,214 were sold by Jude Justin L. $47,190 worth of stock was bought by Ahluwalia Sukhpal S. on Tuesday, May 2. Another trade for 50,000 shares valued at $1.56 million was made by ALLEN A CLINTON on Friday, April 28. The insider Wagman Robert L sold $600,500.

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, and automotive glass products. The company has market cap of $10.24 billion. The Company’s divisions include Wholesale-North America; Europe; Specialty, and Self Service. It has a 20.96 P/E ratio. It offers its clients a range of replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

Investors sentiment increased to 1.07 in Q4 2016. Its up 0.05, from 1.02 in 2016Q3. It increased, as 37 investors sold UNH shares while 473 reduced holdings. 135 funds opened positions while 411 raised stakes. 804.47 million shares or 1.08% more from 795.86 million shares in 2016Q3 were reported. Professionals stated it has 356 shares. Trust Of Toledo Na Oh holds 0.11% or 2,544 shares in its portfolio. Factory Mutual holds 0.63% or 329,600 shares. Cantab Capital Prtn Ltd Liability Partnership reported 7,169 shares. Palladium Limited Liability Corporation holds 0.52% or 38,405 shares. Wealth Architects Ltd Liability holds 3,182 shares or 0.23% of its portfolio. Community Tru & Invest has invested 2.51% of its portfolio in UnitedHealth Group Inc (NYSE:UNH). The Kansas-based Waddell And Reed Fincl has invested 0.11% in UnitedHealth Group Inc (NYSE:UNH). Hartford Invest Mgmt Company holds 0.82% or 271,586 shares. Gulf Comml Bank (Uk) accumulated 291,714 shares. Zacks Invest has 156,087 shares for 0.72% of their portfolio. New York-based Amalgamated Bancorp has invested 0.74% in UnitedHealth Group Inc (NYSE:UNH). Pennsylvania Trust Com owns 67,822 shares for 0.86% of their portfolio. Missouri-based Amer Century has invested 0.64% in UnitedHealth Group Inc (NYSE:UNH). Horizon Investments Lc has 0.04% invested in UnitedHealth Group Inc (NYSE:UNH).

Investec Asset Management Ltd increased Deluxe Corp (NYSE:DLX) stake by 11,258 shares to 55,104 valued at $3.95M in 2016Q4. It also upped Morgan Stanley Intl Ltd (NYSE:MS) stake by 1.05M shares and now owns 4.03M shares. Cf Industries Holdings Inc (NYSE:CF) was raised too.

Analysts await UnitedHealth Group Inc (NYSE:UNH) to report earnings on July, 18. They expect $2.38 earnings per share, up 21.43% or $0.42 from last year’s $1.96 per share. UNH’s profit will be $2.31 billion for 19.22 P/E if the $2.38 EPS becomes a reality. After $2.37 actual earnings per share reported by UnitedHealth Group Inc for the previous quarter, Wall Street now forecasts 0.42% EPS growth.

Since January 31, 2017, it had 0 insider purchases, and 8 sales for $24.36 million activity. $8.37M worth of UnitedHealth Group Inc (NYSE:UNH) was sold by BURKE RICHARD T on Thursday, March 2. BALLARD WILLIAM C JR also sold $813,400 worth of UnitedHealth Group Inc (NYSE:UNH) on Tuesday, February 14. Shares for $2.56M were sold by HOOPER MICHELE J. Another trade for 5,310 shares valued at $861,885 was made by WILENSKY GAIL R on Thursday, February 23.

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