Hussman Strategic Advisors Inc. Has $1.47 Million Stock Position in Kohl’s Co. (NYSE:KSS)

Hussman Strategic Advisors Inc. boosted its stake in shares of Kohl’s Co. (NYSE:KSS) by 66.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 105,000 shares of the company’s stock after buying an additional 42,000 shares during the period. Hussman Strategic Advisors Inc. owned approximately 0.09% of Kohl’s worth $1,474,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Quadrature Capital Ltd raised its holdings in Kohl’s by 151.8% during the 3rd quarter. Quadrature Capital Ltd now owns 66,744 shares of the company’s stock worth $1,408,000 after buying an additional 40,238 shares during the period. Pacer Advisors Inc. raised its holdings in Kohl’s by 149.3% during the 3rd 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. Empowered Funds LLC raised its holdings in Kohl’s by 15.3% during the 4th quarter. Empowered Funds LLC now owns 451,510 shares of the company’s stock worth $6,339,000 after buying an additional 59,979 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Kohl’s during the 3rd quarter worth approximately $735,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Kohl’s during the 3rd quarter worth approximately $2,694,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KSS has been the topic of a number of recent research reports. Baird R W downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Gordon Haskett downgraded shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price objective on the stock. in a report on Tuesday, November 26th. TD Cowen lowered their price objective on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a report on Wednesday, November 27th. Robert W. Baird downgraded shares of Kohl’s from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $25.00 to $18.00 in a report on Wednesday, November 27th. Finally, Guggenheim downgraded shares of Kohl’s from a “buy” rating to a “neutral” rating in a report on Monday, December 2nd. Three equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $16.70.

Insiders Place Their Bets

In other Kohl’s 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 transaction of $53,769.35. Following the completion of the transaction, the executive vice president now directly owns 133,091 shares of the company’s stock, valued at $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.86% of the company’s stock.

Kohl’s Trading Down 1.1 %

KSS stock opened at $11.68 on Thursday. 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 company has a fifty day moving average price of $13.32 and a two-hundred day moving average price of $16.83. Kohl’s Co. has a one year low of $11.53 and a one year high of $29.60. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 5.26 and a beta of 1.85.

Kohl’s (NYSE:KSS) last released 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). Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period last year, the firm earned $0.53 earnings per share. The company’s revenue for the quarter was down 8.5% compared to the same quarter last year. Equities analysts anticipate that Kohl’s Co. will post 1.3 EPS for the current year.

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.