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 on 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 directly 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 filing with the SEC, which can be accessed through this hyperlink.

Kohl’s Stock Performance

Shares of NYSE:KSS traded down $0.13 on Monday, hitting $13.99. The company had a trading volume of 8,188,580 shares, compared to its average volume of 6,740,845. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 6.30, a P/E/G ratio of 1.38 and a beta of 1.87. The stock has a 50 day moving average price of $16.01 and a 200 day moving average price of $18.89. 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.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results 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 during the quarter, compared to analyst estimates of $3.64 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The firm’s quarterly revenue was down 8.5% on a year-over-year basis. During the same quarter last year, the company posted $0.53 EPS. Analysts expect that Kohl’s Co. will post 1.3 EPS for the current year.

Kohl’s Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $2.00 annualized dividend and a yield of 14.30%. Kohl’s’s payout ratio is currently 90.09%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of Kohl’s by 14.1% during the third quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock worth $84,000 after buying an additional 491 shares in the last quarter. Arizona State Retirement System raised its stake in Kohl’s by 2.0% in the 2nd quarter. Arizona State Retirement System now owns 31,049 shares of the company’s stock worth $714,000 after purchasing an additional 623 shares in the last quarter. Insight Folios Inc boosted its holdings in Kohl’s by 3.4% in the 3rd quarter. Insight Folios Inc now owns 21,444 shares of the company’s stock valued at $452,000 after purchasing an additional 701 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of Kohl’s by 183.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after purchasing an additional 917 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of Kohl’s by 117.5% during the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock worth $40,000 after purchasing an additional 1,034 shares during the period. 98.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

KSS has been the subject of a number of analyst reports. 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. Robert W. Baird cut Kohl’s from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $25.00 to $18.00 in a report on Wednesday, November 27th. Baird R W lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Guggenheim downgraded Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Finally, Morgan Stanley dropped their price objective on Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a research note on Monday, November 25th. Three equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $17.22.

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.