FNY Investment Advisers LLC Acquires Shares of 7,200 Kohl’s Co. (NYSE:KSS)

FNY Investment Advisers LLC bought a new position in Kohl’s Co. (NYSE:KSS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 7,200 shares of the company’s stock, valued at approximately $101,000.

Several other hedge funds and other institutional investors also recently modified their holdings of KSS. Pacer Advisors Inc. grew its stake in Kohl’s by 149.3% in the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after buying an additional 9,925,878 shares in the last quarter. FMR LLC boosted its holdings in shares of Kohl’s by 10.8% in the third quarter. FMR LLC now owns 7,576,274 shares of the company’s stock worth $159,859,000 after acquiring an additional 740,398 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Kohl’s by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 6,434,081 shares of the company’s stock valued at $147,923,000 after purchasing an additional 52,126 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Kohl’s by 348.0% in the second quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company’s stock valued at $50,118,000 after purchasing an additional 1,694,162 shares in the last quarter. Finally, Squarepoint Ops LLC raised its stake in shares of Kohl’s by 6,076.8% during the 2nd quarter. Squarepoint Ops LLC now owns 1,834,509 shares of the company’s stock valued at $42,175,000 after purchasing an additional 1,804,809 shares during the period. Institutional investors own 98.04% of the company’s stock.

Insider Transactions at Kohl’s

In related news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $14.05, for a total value of $53,769.35. Following the transaction, the executive vice president now owns 133,091 shares in the company, valued at $1,869,928.55. This trade represents a 2.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.86% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on KSS shares. Morgan Stanley cut their target price on Kohl’s from $17.00 to $15.00 and set an “underweight” rating for the company in a research note on Monday, November 25th. Citigroup cut their price objective on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research report on Wednesday, November 27th. Telsey Advisory Group reduced their price objective on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a research note on Wednesday, November 27th. TD Cowen lowered their target price on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a research note on Wednesday, November 27th. Finally, Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. Three investment 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, the stock has a consensus rating of “Hold” and a consensus price target of $17.22.

Kohl’s Stock Performance

Kohl’s stock opened at $12.74 on Wednesday. Kohl’s Co. has a fifty-two week low of $12.70 and a fifty-two week high of $29.60. 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 stock has a market cap of $1.42 billion, a P/E ratio of 5.74, a price-to-earnings-growth ratio of 1.38 and a beta of 1.87. The firm’s fifty day moving average price is $15.30 and its 200-day moving average price is $18.40.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate 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 return on equity of 6.44% and a net margin of 1.47%. The company’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same period last year, the firm earned $0.53 EPS. On average, equities research analysts expect that Kohl’s Co. will post 1.3 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 15.70%. The ex-dividend date of this dividend was Wednesday, December 11th. Kohl’s’s dividend payout ratio (DPR) is presently 90.09%.

Kohl’s Company 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.