LKQ Sees 31% Stock Decline, Petrus Trust Invests $16M Amid 50% YoY Earnings Drop

Petrus Trust acquired 520,000 shares of LKQ in Q4, increasing the position value by $15.70 million. LKQ now accounts for 1.59% of Petrus Trust's reportable US equity assets. LKQ shares are down 31% over the past year, underperforming the S&P 500's 16% gain. The company's Q4 revenue increased to $3.3 billion, but net income fell 50% YoY to $75 million.