Stack Financial Management Lowered Its Lkq Corp. (LKQ) Position; Momo – American Depositary Shares (MOMO) Sellers Decreased By 34.45% Their Shorts

May 21, 2018 - By Nellie Frank

LKQ Corporation (NASDAQ:LKQ) Logo

Momo Inc – American Depositary Shares (NASDAQ:MOMO) had a decrease of 34.45% in short interest. MOMO’s SI was 6.82M shares in May as released by FINRA. Its down 34.45% from 10.40M shares previously. With 5.60M avg volume, 1 days are for Momo Inc – American Depositary Shares (NASDAQ:MOMO)’s short sellers to cover MOMO’s short positions. The SI to Momo Inc – American Depositary Shares’s float is 6.38%. The stock increased 3.73% or $1.43 during the last trading session, reaching $39.74. About 5.76 million shares traded or 24.92% up from the average. Momo Inc. (NASDAQ:MOMO) has risen 5.20% since May 21, 2017 and is uptrending. It has underperformed by 6.35% the S&P500.

Stack Financial Management Inc decreased Lkq Corp. (LKQ) stake by 1.59% reported in 2017Q4 SEC filing. Stack Financial Management Inc sold 8,332 shares as Lkq Corp. (LKQ)’s stock declined 7.91%. The Stack Financial Management Inc holds 515,846 shares with $20.98M value, down from 524,178 last quarter. Lkq Corp. now has $9.44 billion valuation. The stock decreased 0.16% or $0.05 during the last trading session, reaching $30.48. About 1.54M shares traded. LKQ Corporation (NASDAQ:LKQ) has risen 27.90% since May 21, 2017 and is uptrending. It has outperformed by 16.35% the S&P500.

Momo Inc. operates as a mobile-based social networking platform in the PeopleÂ’s Republic of China. The company has market cap of $8.10 billion. The companyÂ’s platform includes its Momo mobile application and various related features, functionalities, tools, and services that are provided to users, customers, and platform partners. It has a 25.81 P/E ratio. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations and interests; and Hani, a live video application.

Among 12 analysts covering Momo Inc (NASDAQ:MOMO), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. Momo Inc had 21 analyst reports since August 31, 2016 according to SRatingsIntel. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, May 24. The stock of Momo Inc. (NASDAQ:MOMO) has “Buy” rating given on Tuesday, February 20 by Citigroup. As per Friday, November 4, the company rating was initiated by TH Capital. Jefferies maintained it with “Buy” rating and $54.0 target in Monday, August 14 report. The firm earned “Buy” rating on Thursday, July 13 by Jefferies. As per Tuesday, January 2, the company rating was initiated by UBS. On Friday, January 26 the stock rating was upgraded by J.P. Morgan to “Buy”. Morgan Stanley initiated the stock with “Buy” rating in Wednesday, March 28 report. Morgan Stanley upgraded the stock to “Overweight” rating in Wednesday, October 19 report. Jefferies initiated the stock with “Buy” rating in Wednesday, February 8 report.

Another recent and important Momo Inc. (NASDAQ:MOMO) news was published by Nasdaq.com which published an article titled: “Momo Swipes Right on a Rival Dating App for $800 Million” on May 19, 2018.

Analysts await LKQ Corporation (NASDAQ:LKQ) to report earnings on July, 26. They expect $0.59 earnings per share, up 11.32% or $0.06 from last year’s $0.53 per share. LKQ’s profit will be $182.73 million for 12.92 P/E if the $0.59 EPS becomes a reality. After $0.55 actual earnings per share reported by LKQ Corporation for the previous quarter, Wall Street now forecasts 7.27% EPS growth.

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. Axa holds 1.41M shares. Hound has 10.69% invested in LKQ Corporation (NASDAQ:LKQ). D E Shaw And has invested 0.06% in LKQ Corporation (NASDAQ:LKQ). Teachers Retirement Sys Of The State Of Kentucky owns 343,352 shares. Oak Ridge Invests Limited Liability Corporation reported 658,497 shares stake. Summit Creek Advsrs Limited Liability Corp holds 240,077 shares. Amalgamated Commercial Bank reported 38,927 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.02% in LKQ Corporation (NASDAQ:LKQ). Great West Life Assurance Can, a Manitoba – Canada-based fund reported 428,629 shares. Douglass Winthrop Advisors Ltd, a New York-based fund reported 27,100 shares. Thompson Inv stated it has 133,107 shares or 0.96% of all its holdings. Telemus Capital Ltd invested in 0% or 705 shares. Globeflex Cap Limited Partnership holds 0.19% or 16,800 shares. Lafleur & Godfrey Ltd Liability Company has 1.85% invested in LKQ Corporation (NASDAQ:LKQ). 49,139 were reported by Exxonmobil Invest Management Tx.

More important recent LKQ Corporation (NASDAQ:LKQ) news were published by: Nasdaq.com which released: “LKQ Corporation to Present at Upcoming Investor Conferences” on May 17, 2018, also Nasdaq.com published article titled: “LKQ Corporation Announces Results for First Quarter 2018”, Seekingalpha.com published: “LKQ Corporation 2018 Q1 – Results – Earnings Call Slides” on April 26, 2018. More interesting news about LKQ Corporation (NASDAQ:LKQ) was released by: Fool.com and their article: “Cost Pressures Punish LKQ” with publication date: April 26, 2018.

Since December 8, 2017, it had 0 insider buys, and 6 insider sales for $6.00 million activity. On Wednesday, May 9 HOLSTEN JOSEPH M sold $158,964 worth of LKQ Corporation (NASDAQ:LKQ) or 5,254 shares. Quinn John S also sold $298,256 worth of LKQ Corporation (NASDAQ:LKQ) shares. On Friday, December 8 the insider WEBSTER WILLIAM M IV sold $4.00M. $33,300 worth of stock was sold by Hanser Robert M. on Monday, May 7. CASINI VICTOR M had sold 25,000 shares worth $1.06 million.

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. The stock of LKQ Corporation (NASDAQ:LKQ) earned “Overweight” rating by JP Morgan on Tuesday, February 21. As per Thursday, February 22, the company rating was maintained by FBR Capital. The company was maintained on Wednesday, August 9 by Jefferies. Robert W. Baird maintained the shares of LKQ in report on Wednesday, August 30 with “Buy” rating. The stock has “Buy” rating by Jefferies on Sunday, September 10. The firm earned “Outperform” rating on Tuesday, March 22 by Robert W. Baird. The firm earned “Buy” rating on Tuesday, May 30 by Jefferies. As per Thursday, January 4, the company rating was maintained by Stifel Nicolaus. Susquehanna initiated LKQ Corporation (NASDAQ:LKQ) on Friday, August 26 with “Positive” rating. The stock has “Neutral” rating by Northcoast on Tuesday, July 25.

LKQ Corporation (NASDAQ:LKQ) Institutional Positions Chart

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By1 Nellie Frank

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