The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Tue Aug 2, 2016
The LKQ Corp.’s President and CEO, Robert Wagman, unloaded 20,100 LKQ Corp’s shares, based on the average $34.10 per each share. The reported insider shares had a value of $684,857. In July, Wagman sold an additional 200 shares of the company, worth $6,800. The regulatory filing shows that Robert Wagman now holds precisely 0.11 percent of the Illinois-based company’s total market cap.
Out of four analysts covering LKQ, all four rate it a “Buy”, 0 “Sell”, while 0 also say “Hold”. LKQ has been the topic of five analyst reports since January 15 according to StockzIntelligence Inc. Robert W. Baird maintained the stock on March 22 with “Outperform” rating. Jefferies initiated the shares of LKQ in a report on January 18 with “Buy” rating.
The institutional sentiment increased to 1.47 in Q1 2016. It's up 0.21, from 1.26 in 2015 Q4. The ratio improved, as 28 funds sold all LKQ Corporation shares owned while 137 reduced positions. 55 funds bought stakes while 187 increased positions. They now own 272.48 million shares or 0.13 percent less from 272.83 million shares in 2015 Q4.