Shares of Kirkland’s Inc. (NASDAQ:KIRK) fell 3.5% during trading on Thursday . The company traded as low as $14.36 and last traded at $14.42, with a volume of 69,833 shares traded. The stock had previously closed at $14.94.

A number of research firms recently commented on KIRK. B. Riley reiterated a “buy” rating and issued a $21.00 target price on shares of Kirkland’s in a report on Saturday, May 28th. Piper Jaffray Cos. reissued a “buy” rating on shares of Kirkland’s in a research report on Thursday, May 26th. Zacks Investment Research downgraded shares of Kirkland’s from a “hold” rating to a “sell” rating in a research report on Wednesday, May 25th. Finally, SunTrust Banks Inc. dropped their target price on shares of Kirkland’s from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, May 19th. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. Kirkland’s has an average rating of “Buy” and a consensus target price of $23.00.

The company’s 50-day moving average price is $14.14 and its 200 day moving average price is $14.54. The company has a market cap of $224.96 million and a PE ratio of 16.30.

Kirkland’s (NASDAQ:KIRK) last issued its quarterly earnings data on Tuesday, May 24th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by $0.03. During the same quarter in the prior year, the company posted $0.16 earnings per share. The business had revenue of $129.90 million for the quarter, compared to analysts’ expectations of $132.32 million. The firm’s revenue was up 9.8% on a year-over-year basis. On average, analysts anticipate that Kirkland’s Inc. will post $1.01 EPS for the current fiscal year.

In other Kirkland’s news, Director Wilson R. Orr III sold 4,273 shares of the stock in a transaction dated Monday, June 20th. The shares were sold at an average price of $14.94, for a total transaction of $63,838.62. Following the sale, the director now owns 27,047 shares of the company’s stock, valued at approximately $404,082.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Wilson R. Orr III sold 5,000 shares of the stock in a transaction dated Friday, June 24th. The stock was sold at an average price of $15.00, for a total transaction of $75,000.00. Following the sale, the director now directly owns 22,047 shares in the company, valued at approximately $330,705. The disclosure for this sale can be found here.

A number of large investors recently modified their holdings of the company. Morgan Stanley raised its stake in shares of Kirkland’s by 76.6% in the fourth quarter. Morgan Stanley now owns 97,447 shares of the company’s stock worth $1,412,000 after buying an additional 42,272 shares in the last quarter. Wells Fargo & Company MN increased its position in Kirkland’s by 42.6% in the fourth quarter. Wells Fargo & Company MN now owns 125,085 shares of the company’s stock worth $1,813,000 after buying an additional 37,350 shares during the last quarter. Royce & Associates LLC increased its position in Kirkland’s by 52.3% in the fourth quarter. Royce & Associates LLC now owns 447,437 shares of the company’s stock worth $6,488,000 after buying an additional 153,600 shares during the last quarter. Finally, Paradigm Capital Management Inc. NY increased its position in Kirkland’s by 21.1% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 1,128,200 shares of the company’s stock worth $16,359,000 after buying an additional 196,200 shares during the last quarter.

Kirkland’s, Inc is a retailer of home decor and gifts in the United States. As of January 31, 2015, the Company operated 344 stores in 35 states, as well as an e-commerce enabled Website. The Company’s stores present a line of merchandise, including framed art, mirrors, wall decor, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories and artificial floral products.

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