The stock of Kirkland’s, Inc. (NASDAQ:KIRK) is a huge mover today! About 340,945 shares traded hands or 244.04% up from the average. Kirkland’s, Inc. (NASDAQ:KIRK) has declined 14.76% since April 20, 2016 and is downtrending. It has underperformed by 19.32% the S&P500.
The move comes after 7 months positive chart setup for the $238.13M company. It was reported on Nov, 22 by Barchart.com. We have $15.79 PT which if reached, will make NASDAQ:KIRK worth $14.29M more.
Kirkland’s, Inc. (NASDAQ:KIRK) Ratings Coverage
Out of 6 analysts covering Kirkland’s (NASDAQ:KIRK), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Kirkland’s has been the topic of 7 analyst reports since September 4, 2015 according to StockzIntelligence Inc. As per Thursday, October 6, the company rating was maintained by KeyBanc Capital Markets. Zacks upgraded the stock to “Hold” rating in Friday, September 4 report. The rating was maintained by SunTrust with “Buy” on Wednesday, August 24. The stock has “Neutral” rating given by Sidoti on Tuesday, August 23. Suntrust Robinson maintained the stock with “Buy” rating in Wednesday, August 24 report. The rating was maintained by Barrington Research on Friday, November 20 with “Outperform”.
According to Zacks Investment Research, “Kirklands Inc. is a leading specialty retailer of home decor in the United States. Their stores present a broad selection of distinctive merchandise, including framed art, mirrors, candles, lamps, picture frames, accent rugs, garden accessories and artificial floral products. Their stores also offer an extensive assortment of holiday merchandise, as well as items carried throughout the year suitable for giving as gifts.”
Insitutional Activity: The institutional sentiment increased to 1.35 in 2016 Q2. Its up 0.51, from 0.84 in 2016Q1. The ratio improved, as 12 funds sold all Kirkland’s, Inc. shares owned while 44 reduced positions. 17 funds bought stakes while 30 increased positions. They now own 13.20 million shares or 2.12% less from 13.49 million shares in 2016Q1.
Credit Suisse Ag has invested 0% of its portfolio in Kirkland’s, Inc. (NASDAQ:KIRK). Allianz Asset Mgmt Ag owns 286,636 shares or 0% of their US portfolio. Wedge Cap L L P Nc has 38,800 shares for 0.01% of their US portfolio. Citigroup has invested 0% of its portfolio in Kirkland’s, Inc. (NASDAQ:KIRK). The Pennsylvania-based Federated Pa has invested 0% in Kirkland’s, Inc. (NASDAQ:KIRK). The New York-based State Teachers Retirement Systems has invested 0% in Kirkland’s, Inc. (NASDAQ:KIRK). Alphaone Inv Svcs Limited Com accumulated 1.51% or 279,400 shares. Pacific Ridge Cap Lc has 54,180 shares for 0.36% of their US portfolio. Art Limited Liability Corp holds 19,307 shares or 0.01% of its portfolio. Ls Investment Ltd Llc reported 500 shares or 0% of all its holdings. Wall Street Assocs has 121,500 shares for 0.71% of their US portfolio. Cornerstone Mgmt Holdings Ltd holds 14,700 shares or 0% of its portfolio. Comerica Savings Bank accumulated 0% or 14,256 shares. Manufacturers Life Insur The has 0% invested in the company for 11,083 shares. Ridgeworth Capital Mgmt Limited Liability Company accumulated 26,298 shares or 0% of the stock.
Insider Transactions: Since September 15, 2016, the stock had 0 buys, and 11 selling transactions for $3.04 million net activity. 19,718 Kirkland’s, Inc. (NASDAQ:KIRK) shares with value of $248,194 were sold by KIRKLAND CARL.
More important recent Kirkland’s, Inc. (NASDAQ:KIRK) news were published by: Streetinsider.com which released: “Form 8-K KIRKLAND’S, INC For: Nov 22” on November 22, 2016, also Prnewswire.com published article titled: “Kirkland’s Reports Second Quarter 2016 Results”, Prnewswire.com published: “Kirkland’s Reports Fourth Quarter Sales” on February 04, 2016. More interesting news about Kirkland’s, Inc. (NASDAQ:KIRK) was released by: Prnewswire.com and their article: “Kirkland’s Strengthens Executive Team” with publication date: November 22, 2016.
KIRK Company Profile
Kirkland’s, Inc., incorporated on January 22, 1981, is a specialty retailer of home decor and gifts in the United States. The Company’s merchandise categories include wall decor, art, mirrors, lamps, decorative accessories, accent furniture, textiles, fragrance and accessories, frames, housewares, impulse and personal accessories, outdoor living and artificial floral products. The Company’s stores also offer a range of holiday merchandise during seasonal periods, as well as items carried throughout the year suitable for gift-giving. The Company’s average stores generally carry approximately 4,700 Stock Keeping Units (SKUs). The Company’s stores operate under various names, such as Kirkland’s, Kirkland’s Home, Kirkland’s Home Outlet, Kirkland’s Outlet and The Kirkland Collection.
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