XTX Topco Ltd Has $572,000 Stock Holdings in Kohl’s Co. (NYSE:KSS)

XTX Topco Ltd lowered its position in shares of Kohl’s Co. (NYSE:KSS) by 60.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,093 shares of the company’s stock after selling 41,794 shares during the quarter. XTX Topco Ltd’s holdings in Kohl’s were worth $572,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KSS. Brown Brothers Harriman & Co. lifted its stake in Kohl’s by 183.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock valued at $30,000 after purchasing an additional 917 shares during the last quarter. Security National Bank bought a new stake in Kohl’s in the second quarter valued at approximately $34,000. Farther Finance Advisors LLC lifted its position in shares of Kohl’s by 117.5% in the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after buying an additional 1,034 shares during the last quarter. CWM LLC lifted its position in shares of Kohl’s by 97.1% in the second quarter. CWM LLC now owns 1,924 shares of the company’s stock valued at $44,000 after buying an additional 948 shares during the last quarter. Finally, Abich Financial Wealth Management LLC bought a new position in shares of Kohl’s during the 2nd quarter worth approximately $49,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Kohl’s

In related news, EVP Feeney Siobhan Mc sold 16,367 shares of the company’s stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total transaction of $315,392.09. Following the sale, the executive vice president now directly owns 136,799 shares in the company, valued at approximately $2,636,116.73. This represents a 10.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.86% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on KSS. JPMorgan Chase & Co. cut Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 price target on the stock. in a research note on Thursday, August 29th. Robert W. Baird lowered shares of Kohl’s from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $25.00 to $18.00 in a research report on Wednesday, November 27th. Guggenheim downgraded shares of Kohl’s from a “buy” rating to a “neutral” rating in a report on Monday, December 2nd. Citigroup lowered their price target on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Finally, Telsey Advisory Group reduced their price objective on Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a report on Wednesday, November 27th. Three equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $17.22.

Kohl’s Price Performance

KSS stock opened at $14.35 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The business has a 50-day simple moving average of $17.74 and a two-hundred day simple moving average of $19.93. The company has a market capitalization of $1.60 billion, a P/E ratio of 6.45, a price-to-earnings-growth ratio of 1.42 and a beta of 1.88. Kohl’s Co. has a 52-week low of $13.92 and a 52-week high of $29.60.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The firm had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.64 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The firm’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 earnings per share. Research analysts expect that Kohl’s Co. will post 1.3 EPS for the current fiscal year.

Kohl’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be paid a $0.50 dividend. The ex-dividend date is Wednesday, December 11th. This represents a $2.00 annualized dividend and a yield of 13.94%. Kohl’s’s payout ratio is 90.09%.

Kohl’s Profile

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.