Insider Selling: 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 stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $14.05, for a total transaction of $53,769.35. Following the completion of the sale, the executive vice president now 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Kohl’s Stock Down 2.5 %

Shares of Kohl’s stock opened at $13.47 on Thursday. The company has a market capitalization of $1.50 billion, a P/E ratio of 6.07, a price-to-earnings-growth ratio of 1.38 and a beta of 1.87. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. The business has a 50-day moving average of $15.71 and a two-hundred day moving average of $18.73. Kohl’s Co. has a 1 year low of $13.26 and a 1 year high of $29.60.

Kohl’s (NYSE:KSS) last issued 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 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 company’s revenue was down 8.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.53 earnings per share. As a group, equities analysts predict that Kohl’s Co. will post 1.3 EPS for the current year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 14.85%. The ex-dividend date was Wednesday, December 11th. Kohl’s’s payout ratio is 90.09%.

Hedge Funds Weigh In On Kohl’s

Several hedge funds have recently modified their holdings of KSS. Brown Brothers Harriman & Co. boosted its holdings in shares of 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 buying an additional 917 shares during the last quarter. 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. Abich Financial Wealth Management LLC bought a new position in shares of Kohl’s during the 2nd quarter worth approximately $49,000. Quest Partners LLC acquired a new position in shares of Kohl’s during the 3rd quarter worth approximately $60,000. Finally, Signaturefd LLC raised its stake in Kohl’s by 14.1% in the 3rd quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock valued at $84,000 after acquiring an additional 491 shares during the period. Institutional investors own 98.04% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. TD Cowen reduced 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. Gordon Haskett lowered Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price target on the stock. in a research report on Tuesday, November 26th. Guggenheim cut shares of Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. Morgan Stanley lowered 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. Finally, Baird R W downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Three equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat.com, Kohl’s presently has a consensus rating of “Hold” and an average price target of $17.22.

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.