Kohl’s Co. (NYSE:KSS) EVP Sells $53,769.35 in Stock

Kohl’s Co. (NYSE:KSS) EVP Feeney Siobhan Mc sold 3,827 shares of the business’s stock in a transaction dated 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 owns 133,091 shares in the company, valued at $1,869,928.55. This represents a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Kohl’s Trading Down 1.0 %

Shares of KSS stock opened at $13.86 on Wednesday. The stock has a 50 day simple moving average of $15.91 and a 200 day simple moving average of $18.83. Kohl’s Co. has a 1 year low of $13.65 and a 1 year high of $29.60. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. The stock has a market cap of $1.54 billion, a P/E ratio of 6.24, a price-to-earnings-growth ratio of 1.38 and a beta of 1.87.

Kohl’s (NYSE:KSS) last released its 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 company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.64 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The business’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period last year, the company posted $0.53 earnings per share. On average, research analysts predict that Kohl’s Co. will post 1.3 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were paid 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 yield of 14.43%. Kohl’s’s dividend payout ratio (DPR) is 90.09%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KSS. 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. Citigroup cut their price target on Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, November 27th. Telsey Advisory Group cut their target price 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. Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Finally, Baird R W cut Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Three research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $17.22.

Institutional Investors Weigh In On Kohl’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Silverleafe Capital Partners LLC bought a new position in shares of Kohl’s in the 4th quarter valued at $140,000. Franklin Resources Inc. grew its position in Kohl’s by 25.6% in the third quarter. Franklin Resources Inc. now owns 45,179 shares of the company’s stock valued at $872,000 after acquiring an additional 9,196 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Kohl’s during the third quarter worth about $215,000. Geode Capital Management LLC lifted its holdings in shares of Kohl’s by 5.3% in the third quarter. Geode Capital Management LLC now owns 1,826,101 shares of the company’s stock worth $38,541,000 after acquiring an additional 91,608 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Kohl’s in the 3rd quarter valued at approximately $2,694,000. 98.04% of the stock is currently owned by institutional investors.

About Kohl’s

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.