Vontobel Holding Ltd. Buys New Holdings in Kohl’s Co. (NYSE:KSS)

Vontobel Holding Ltd. acquired a new position in shares of Kohl’s Co. (NYSE:KSS) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 20,675 shares of the company’s stock, valued at approximately $290,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quadrature Capital Ltd raised its holdings in Kohl’s by 151.8% during the third quarter. Quadrature Capital Ltd now owns 66,744 shares of the company’s stock worth $1,408,000 after purchasing an additional 40,238 shares in the last quarter. Pacer Advisors Inc. raised its holdings in 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 purchasing an additional 9,925,878 shares in the last quarter. Empowered Funds LLC raised its holdings in Kohl’s by 15.3% during the fourth quarter. Empowered Funds LLC now owns 451,510 shares of the company’s stock worth $6,339,000 after purchasing an additional 59,979 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Kohl’s during the third quarter worth approximately $735,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Kohl’s during the third quarter worth approximately $2,694,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on KSS shares. Robert W. Baird cut shares of Kohl’s from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $25.00 to $18.00 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 on the stock in a report on Wednesday, November 27th. Gordon Haskett cut shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price on the stock. in a report on Tuesday, November 26th. Jefferies Financial Group cut their target price on shares of Kohl’s from $15.00 to $12.00 and set a “hold” rating on the stock in a report on Tuesday, February 4th. Finally, Baird R W cut shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Three equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $16.70.

Insider Activity at Kohl’s

In other Kohl’s news, 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 sale, the executive vice president now directly owns 133,091 shares in the company, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their position. The sale was disclosed in a document filed 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 Performance

NYSE:KSS opened at $12.03 on Friday. The firm’s fifty day moving average price is $13.28 and its 200 day moving average price is $16.79. Kohl’s Co. has a 1-year low of $11.53 and a 1-year high of $29.60. 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 firm has a market cap of $1.34 billion, a price-to-earnings ratio of 5.42 and a beta of 1.85.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter last year, the business earned $0.53 earnings per share. The business’s quarterly revenue was down 8.5% on a year-over-year basis. On average, sell-side analysts expect that Kohl’s Co. will post 1.3 EPS for the current year.

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.