Kirkland’s, Inc. (NASDAQ:KIRK – Get Free Report) was the target of unusually large options trading activity on Wednesday. Stock investors acquired 3,175 put options on the company. This represents an increase of 1,274% compared to the typical daily volume of 231 put options.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of Kirkland’s from a “sell” rating to a “hold” rating in a research report on Friday, March 22nd.
Check Out Our Latest Research Report on Kirkland’s
Kirkland’s Trading Down 0.5 %
Kirkland’s (NASDAQ:KIRK – Get Free Report) last announced its earnings results on Thursday, March 21st. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter. The company had revenue of $165.95 million during the quarter. Kirkland’s had a negative net margin of 5.92% and a negative return on equity of 870.01%.
Institutional Investors Weigh In On Kirkland’s
A hedge fund recently bought a new stake in Kirkland’s stock. Dupree Financial Group LLC acquired a new position in shares of Kirkland’s, Inc. (NASDAQ:KIRK – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 72,500 shares of the specialty retailer’s stock, valued at approximately $175,000. Dupree Financial Group LLC owned 0.56% of Kirkland’s as of its most recent SEC filing. 15.38% of the stock is currently owned by hedge funds and other institutional investors.
About Kirkland’s
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.
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