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

Several research analysts have recently commented on the company. B. Riley reiterated a “buy” rating and set a $23.00 target price on shares of Kirkland’s in a research note on Monday, March 14th. Zacks Investment Research upgraded Kirkland’s from a “sell” rating to a “hold” rating in a research note on Thursday, March 17th. SunTrust Banks Inc. reduced their target price on Kirkland’s from $21.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, May 19th. Finally, Piper Jaffray Cos. reiterated a “buy” rating on shares of Kirkland’s in a research note on Thursday, May 26th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $23.00.

The firm has a 50 day moving average of $14.19 and a 200-day moving average of $14.54. The stock has a market capitalization of $237.75 million and a price-to-earnings ratio of 17.23.

Kirkland’s (NASDAQ:KIRK) last posted its quarterly earnings results on Tuesday, May 24th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by $0.03. The company earned $129.90 million during the quarter, compared to analyst estimates of $132.32 million. During the same quarter in the prior year, the business posted $0.16 earnings per share. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. Equities analysts predict that Kirkland’s Inc. will post $1.01 earnings per share for the current year.

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

Several hedge funds recently modified their holdings of KIRK. Wells Fargo & Company MN increased its stake in shares of Kirkland’s by 42.6% in the fourth quarter. Wells Fargo & Company MN now owns 125,085 shares of the company’s stock valued at $1,813,000 after buying an additional 37,350 shares during the period. Morgan Stanley increased 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 valued at $1,412,000 after buying an additional 42,272 shares during the period. Royce & Associates LLC increased its stake in shares of Kirkland’s by 52.3% in the fourth quarter. Royce & Associates LLC now owns 447,437 shares of the company’s stock valued at $6,488,000 after buying an additional 153,600 shares during the period. Finally, Paradigm Capital Management Inc. NY increased its stake in shares of 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 valued at $16,359,000 after buying an additional 196,200 shares during the period.

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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