Pure Financial Advisors LLC bought a new stake in shares of Kohl’s Co. (NYSE:KSS – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,361 shares of the company’s stock, valued at approximately $145,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its position in shares of Kohl’s by 149.3% during the third quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock worth $349,671,000 after buying an additional 9,925,878 shares during the period. FMR LLC boosted its position in Kohl’s by 10.8% during the 3rd 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. AQR Capital Management LLC boosted its position in Kohl’s by 348.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company’s stock worth $50,118,000 after acquiring an additional 1,694,162 shares during the period. Squarepoint Ops LLC grew its stake in shares of Kohl’s by 6,076.8% in the second quarter. Squarepoint Ops LLC now owns 1,834,509 shares of the company’s stock worth $42,175,000 after purchasing an additional 1,804,809 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Kohl’s by 5.3% during the third quarter. Geode Capital Management LLC now owns 1,826,101 shares of the company’s stock valued at $38,541,000 after purchasing an additional 91,608 shares during the period. Institutional investors own 98.04% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Citigroup decreased their target price 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. Baird R W lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. TD Cowen cut their target price on Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, November 27th. Morgan Stanley lowered their price target on Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a research report on Monday, November 25th. Finally, Gordon Haskett lowered Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price objective for the company. in a report on Tuesday, November 26th. Three analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat.com, Kohl’s presently has a consensus rating of “Hold” and an average target price of $17.22.
Insider Transactions at Kohl’s
In related news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total transaction of $53,769.35. Following the transaction, the executive vice president now directly owns 133,091 shares of the company’s stock, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.86% of the stock is currently owned by insiders.
Kohl’s Stock Up 1.3 %
Shares of Kohl’s stock opened at $13.38 on Thursday. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. Kohl’s Co. has a 12-month low of $12.62 and a 12-month high of $29.60. The firm has a market capitalization of $1.49 billion, a PE ratio of 6.03 and a beta of 1.87. The stock’s fifty day moving average is $14.79 and its 200-day moving average is $18.10.
Kohl’s (NYSE:KSS – Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 EPS 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 analysts’ expectations of $3.64 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. Kohl’s’s quarterly revenue was down 8.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.53 earnings per share. Equities analysts anticipate that Kohl’s Co. will post 1.31 earnings per share for the current year.
Kohl’s Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th were issued a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 14.95%. Kohl’s’s payout ratio is currently 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.
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