Separately, Craig Hallum lifted their price target on Kirkland’s from $2.50 to $2.75 in a research report on Friday, June 9th.
Kirkland’s Price Performance
Kirkland’s (NASDAQ:KIRK – Get Free Report) last posted its earnings results on Wednesday, September 6th. The specialty retailer reported ($1.51) earnings per share for the quarter, missing the consensus estimate of ($1.11) by ($0.40). The business had revenue of $89.50 million for the quarter. Kirkland’s had a negative return on equity of 189.84% and a negative net margin of 8.88%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC increased its position in Kirkland’s by 9.3% during the second quarter. Renaissance Technologies LLC now owns 97,300 shares of the specialty retailer’s stock worth $271,000 after buying an additional 8,300 shares during the period. Bank of America Corp DE boosted its position in Kirkland’s by 75,575.0% during the first quarter. Bank of America Corp DE now owns 9,081 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 9,069 shares in the last quarter. Shay Capital LLC purchased a new stake in Kirkland’s during the fourth quarter worth $70,000. JPMorgan Chase & Co. lifted its position in shares of Kirkland’s by 54.8% in the fourth quarter. JPMorgan Chase & Co. now owns 27,007 shares of the specialty retailer’s stock valued at $89,000 after acquiring an additional 9,560 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Kirkland’s by 717.0% in the fourth quarter. UBS Group AG now owns 7,696 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 6,754 shares in the last quarter. Institutional investors and hedge funds own 15.77% of the company’s stock.
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, and gifts.
- Five stocks we like better than Kirkland’s
- ETF Screener: Uses and Step-by-Step Guide
- An Electrifying New Upgrade for Tesla Leads the Market Higher
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Oil Jumps, 2 Plastic Stocks About To Become Value Plays
- Golden Cross Stocks: Pattern, Examples and Charts
- The Top 5 Analysts Calls in September
Receive News & Ratings for Kirkland's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirkland's and related companies with MarketBeat.com's FREE daily email newsletter.