Dupree Financial Group LLC Buys 7,000 Shares of Kirkland’s, Inc. (NASDAQ:KIRK)

Dupree Financial Group LLC raised its position in Kirkland’s, Inc. (NASDAQ:KIRK) by 28.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 31,700 shares of the specialty retailer’s stock after purchasing an additional 7,000 shares during the period. Dupree Financial Group LLC owned 0.24% of Kirkland’s worth $69,000 as of its most recent filing with the SEC.

Separately, Quadrature Capital Ltd acquired a new position in Kirkland’s in the fourth quarter valued at $42,000. 15.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on KIRK. Craig Hallum decreased their price target on Kirkland’s from $2.50 to $2.00 and set a “hold” rating for the company in a report on Friday, September 6th. Benchmark reaffirmed a “buy” rating and set a $7.00 target price on shares of Kirkland’s in a research note on Thursday, September 12th.

Kirkland’s Stock Down 2.4 %

Shares of NASDAQ KIRK opened at $2.06 on Wednesday. The company has a quick ratio of 0.11, a current ratio of 0.88 and a debt-to-equity ratio of 10.88. The firm has a market cap of $26.86 million, a PE ratio of -1.08 and a beta of 2.38. The company’s fifty day simple moving average is $1.80 and its 200 day simple moving average is $1.84. Kirkland’s, Inc. has a 12-month low of $1.39 and a 12-month high of $3.54.

Kirkland’s (NASDAQ:KIRK) last released its quarterly earnings data on Thursday, September 5th. The specialty retailer reported ($1.11) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.31) by $0.20. Kirkland’s had a negative net margin of 4.26% and a negative return on equity of 870.01%. The company had revenue of $86.29 million for the quarter.

Kirkland’s Company Profile

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.