O Shaughnessy Asset Management LLC purchased a new stake in shares of Kirkland’s, Inc. (NASDAQ:KIRK) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 4,035 shares of the specialty retailer’s stock, valued at approximately $38,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Adams Asset Advisors LLC lifted its position in Kirkland’s by 23.1% in the 4th quarter. Adams Asset Advisors LLC now owns 112,376 shares of the specialty retailer’s stock worth $1,070,000 after buying an additional 21,052 shares during the last quarter. BlackRock Inc. lifted its position in Kirkland’s by 1.0% in the 3rd quarter. BlackRock Inc. now owns 2,365,235 shares of the specialty retailer’s stock worth $23,866,000 after buying an additional 23,664 shares during the last quarter. WINTON GROUP Ltd purchased a new position in Kirkland’s in the 4th quarter worth approximately $1,529,000. Signia Capital Management LLC increased its stake in Kirkland’s by 63.7% in the 4th quarter. Signia Capital Management LLC now owns 683,337 shares of the specialty retailer’s stock worth $6,512,000 after purchasing an additional 265,972 shares during the period. Finally, Putnam Investments LLC increased its stake in Kirkland’s by 83.1% in the 3rd quarter. Putnam Investments LLC now owns 141,160 shares of the specialty retailer’s stock worth $1,424,000 after purchasing an additional 64,060 shares during the period. Hedge funds and other institutional investors own 97.15% of the company’s stock.

Shares of Kirkland’s stock opened at $10.31 on Friday. The company has a market capitalization of $149.92 million, a price-to-earnings ratio of 27.13 and a beta of 1.02. Kirkland’s, Inc. has a one year low of $6.78 and a one year high of $13.48.

A number of equities analysts have commented on KIRK shares. Zacks Investment Research cut Kirkland’s from a “buy” rating to a “hold” rating in a research note on Thursday, February 14th. B. Riley reaffirmed a “buy” rating on shares of Kirkland’s in a research note on Monday, March 4th. Finally, ValuEngine cut Kirkland’s from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd.

WARNING: “O Shaughnessy Asset Management LLC Invests $38,000 in Kirkland’s, Inc. (KIRK)” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2019/03/15/o-shaughnessy-asset-management-llc-invests-38000-in-kirklands-inc-kirk.html.

About Kirkland’s

Kirkland's, Inc operates as a specialty retailer of home décor in the United States. The company's stores provide various merchandise, including holiday décor, framed arts, furniture, ornamental wall décor, fragrance and accessories, mirrors, lamps, decorative accessories, textiles, housewares, gifts, artificial floral products, frames, clocks, and outdoor living items.

See Also: Return on Investment (ROI) Defined, Explained

Want to see what other hedge funds are holding KIRK? Visit HoldingsChannel.com 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 MarketBeat.com's FREE daily email newsletter.