Kirkland's, Inc. (KIRK) Holdings Trimmed by Nokomis Capital L.L.C.

Nokomis Capital L.L.C. decreased its holdings in Kirkland's, Inc. (NASDAQ:KIRK) by 49.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 582,701 shares of the specialty retailer’s stock after selling 569,267 shares during the quarter. Kirkland's accounts for approximately 1.6% of Nokomis Capital L.L.C.’s holdings, making the stock its 24th biggest position. Nokomis Capital L.L.C. owned approximately 3.64% of Kirkland's worth $6,972,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of KIRK. Voya Investment Management LLC purchased a new position in Kirkland's in the 2nd quarter worth about $105,000. Crossmark Global Holdings Inc. purchased a new position in Kirkland's in the 3rd quarter worth about $169,000. Wells Fargo & Company MN raised its position in Kirkland's by 68.0% in the 3rd quarter. Wells Fargo & Company MN now owns 17,081 shares of the specialty retailer’s stock worth $195,000 after buying an additional 6,911 shares during the last quarter. Hartford Investment Management Co. purchased a new stake in shares of Kirkland's during the 3rd quarter valued at about $209,000. Finally, IFC Holdings Incorporated FL purchased a new stake in shares of Kirkland's during the 4th quarter valued at about $229,000. 93.31% of the stock is owned by institutional investors and hedge funds.

KIRK has been the subject of several research reports. B. Riley set a $15.00 price target on shares of Kirkland's and gave the company a “buy” rating in a research report on Thursday, November 16th. Zacks Investment Research lowered shares of Kirkland's from a “hold” rating to a “sell” rating in a research report on Wednesday, November 22nd. Finally, KeyCorp reaffirmed a “buy” rating on shares of Kirkland's in a research report on Friday, February 23rd. One analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Kirkland's currently has an average rating of “Buy” and a consensus target price of $12.00.

Shares of Kirkland's, Inc. (NASDAQ:KIRK) opened at $9.33 on Wednesday. Kirkland's, Inc. has a 52-week low of $8.17 and a 52-week high of $13.42. The company has a market cap of $144.11, a PE ratio of 19.17 and a beta of 1.19.

ILLEGAL ACTIVITY WARNING: This report was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at

About Kirkland's

Kirkland’s, Inc is a specialty retailer of home decor and gifts in the United States. The Company’s merchandise categories include wall decor, art, mirrors, lamps, decorative accessories, accent furniture, textiles, fragrance and accessories, frames, housewares, impulse and personal accessories, outdoor living and artificial floral products.

Want to see what other hedge funds are holding KIRK? Visit to get the latest 13F filings and insider trades for Kirkland's, Inc. (NASDAQ:KIRK).

Institutional Ownership by Quarter for Kirkland's (NASDAQ:KIRK)

Receive News & Ratings for Kirkland's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirkland's and related companies with's FREE daily email newsletter.

Leave a Reply