Kirkland’s Inc. (NASDAQ:KIRK) saw strong trading volume on Thursday . 126,948 shares traded hands during mid-day trading, an increase of 41% from the previous session’s volume of 90,046 shares.The stock last traded at $14.78 and had previously closed at $14.46.

A number of equities research analysts have recently commented on the company. SunTrust Banks Inc. lowered their price objective on Kirkland’s from $21.00 to $20.00 and set a “buy” rating for the company in a research report on Thursday, May 19th. Zacks Investment Research downgraded Kirkland’s from a “hold” rating to a “sell” rating in a research report on Friday, August 12th. B. Riley reaffirmed a “buy” rating and issued a $21.00 price objective on shares of Kirkland’s in a research report on Saturday, May 28th. Finally, Piper Jaffray Cos. lifted their price objective on Kirkland’s from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Wednesday, May 25th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Kirkland’s currently has an average rating of “Buy” and a consensus target price of $23.00.

The stock has a market capitalization of $234.12 million and a PE ratio of 16.97. The stock’s 50 day moving average price is $15.13 and its 200-day moving average price is $14.94.

Kirkland’s (NASDAQ:KIRK) last issued its quarterly earnings results on Tuesday, May 24th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by $0.03. The business earned $129.90 million during the quarter, compared to analysts’ expectations of $132.32 million. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 earnings per share. On average, analysts forecast that Kirkland’s Inc. will post $0.99 EPS for the current year.

In other news, Director Wilson R. Orr III sold 5,000 shares of the stock in a transaction on Friday, June 24th. The stock was sold at an average price of $15.00, for a total transaction of $75,000.00. Following the completion of the sale, the director now owns 22,047 shares in the company, valued at approximately $330,705. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Wilson R. Orr III sold 4,273 shares of the stock in a transaction on Monday, June 20th. The shares were sold at an average price of $14.94, for a total value 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 disclosure for this sale can be found here.

An institutional investor recently raised its position in Kirkland’s stock. Morgan Stanley increased its position in shares of Kirkland’s Inc. (NASDAQ:KIRK) by 76.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 97,447 shares of the company’s stock after buying an additional 42,272 shares during the period. Morgan Stanley owned approximately 0.57% of Kirkland’s worth $1,412,000 at the end of the most recent 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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