Kirkland’s (NASDAQ:KIRK) Upgraded at Craig Hallum

Craig Hallum upgraded shares of Kirkland’s (NASDAQ:KIRK) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Separately, Benchmark reiterated a “buy” rating and set a $7.00 price target on shares of Kirkland’s in a research report on Wednesday, October 23rd.

Kirkland’s Trading Up 0.3 %

Shares of Kirkland’s stock opened at $1.52 on Tuesday. The business’s 50 day simple moving average is $1.61 and its 200-day simple moving average is $1.71. The stock has a market capitalization of $19.99 million, a price-to-earnings ratio of -0.95 and a beta of 2.44. Kirkland’s has a twelve month low of $1.39 and a twelve month high of $3.00.

Kirkland’s (NASDAQ:KIRK) last announced its quarterly earnings results on Friday, December 6th. The specialty retailer reported ($0.29) earnings per share for the quarter.

Hedge Funds Weigh In On Kirkland’s

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its holdings in Kirkland’s by 7.7% in the 3rd quarter. Geode Capital Management LLC now owns 132,445 shares of the specialty retailer’s stock worth $290,000 after buying an additional 9,431 shares in the last quarter. Wolverine Trading LLC bought a new position in Kirkland’s in the 3rd quarter worth approximately $26,000. Dupree Financial Group LLC grew its holdings in Kirkland’s by 47.3% in the 4th quarter. Dupree Financial Group LLC now owns 46,700 shares of the specialty retailer’s stock worth $76,000 after buying an additional 15,000 shares in the last quarter. Virtu Financial LLC bought a new position in Kirkland’s in the 4th quarter worth approximately $30,000. Finally, Shay Capital LLC boosted its stake in Kirkland’s by 118.7% during the 4th quarter. Shay Capital LLC now owns 116,655 shares of the specialty retailer’s stock valued at $189,000 after purchasing an additional 63,310 shares in the last quarter. 15.38% of the stock is owned by institutional investors.

About Kirkland’s

Kirkland’s, Inc operates as a specialty retailer of home décor and furnishings in the United States. Its stores provide various merchandise, including holiday décor, furniture, textiles, ornamental wall décor, decorative accessories, art, mirrors, home fragrance, lighting, floral, housewares, outdoor, and gifts.