Signaturefd LLC Has $32,000 Stock Position in Kohl’s Co. (NYSE:KSS)

Signaturefd LLC cut its position in Kohl’s Co. (NYSE:KSS) by 41.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,310 shares of the company’s stock after selling 1,655 shares during the period. Signaturefd LLC’s holdings in Kohl’s were worth $32,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KSS. Quest Partners LLC acquired a new stake in Kohl’s in the third quarter valued at approximately $60,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Kohl’s by 6.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,716,006 shares of the company’s stock worth $36,208,000 after purchasing an additional 101,480 shares in the last quarter. Cerity Partners LLC grew its position in Kohl’s by 73.9% in the 3rd quarter. Cerity Partners LLC now owns 27,613 shares of the company’s stock valued at $583,000 after purchasing an additional 11,734 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Kohl’s during the 3rd quarter valued at $735,000. Finally, Brown Brothers Harriman & Co. raised its holdings in Kohl’s by 183.8% during the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after buying an additional 917 shares during the last quarter. 98.04% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. UBS Group reduced their price objective on shares of Kohl’s from $10.00 to $5.00 and set a “sell” rating for the company in a report on Wednesday, March 12th. Citigroup cut their price target on Kohl’s from $11.00 to $8.00 and set a “neutral” rating for the company in a research note on Monday, March 17th. Bank of America lowered their price objective on Kohl’s from $15.00 to $8.00 and set an “underperform” rating for the company in a research note on Wednesday, March 12th. TD Cowen cut their target price on Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a research report on Wednesday, November 27th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $13.00 price target on shares of Kohl’s in a research report on Tuesday, March 11th. Six analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $12.10.

Kohl’s Trading Down 3.0 %

NYSE KSS opened at $9.12 on Wednesday. The business’s fifty day moving average is $11.56 and its 200-day moving average is $15.20. 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 stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 4.11 and a beta of 1.92. Kohl’s Co. has a one year low of $7.96 and a one year high of $29.60.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.72 by $0.23. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The business had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.25 billion. During the same quarter in the previous year, the firm posted $1.67 earnings per share. The company’s revenue for the quarter was down 9.4% on a year-over-year basis. Equities research analysts predict that Kohl’s Co. will post 1.3 EPS for the current year.

Kohl’s Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date of this dividend is Friday, March 21st. Kohl’s’s dividend payout ratio is currently 51.02%.

Insider Buying and Selling at Kohl’s

In related news, 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 value 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 legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.86% of the company’s stock.

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.