Kohl’s (NYSE:KSS) Price Target Lowered to $11.25 at The Goldman Sachs Group

Kohl’s (NYSE:KSS) had its price target reduced by investment analysts at The Goldman Sachs Group from $13.00 to $11.25 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “sell” rating on the stock. The Goldman Sachs Group’s price objective points to a potential downside of 0.75% from the company’s previous close.

KSS has been the topic of a number of other research reports. Jefferies Financial Group cut their target price on Kohl’s from $15.00 to $12.00 and set a “hold” rating on the stock in a research note on Tuesday, February 4th. Citigroup cut their target price on Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 27th. TD Cowen lowered their price objective 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 cut shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price target for the company. in a report on Tuesday, November 26th. Finally, Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. Four investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to MarketBeat.com, Kohl’s currently has an average rating of “Hold” and an average target price of $15.84.

Kohl’s Trading Down 0.3 %

KSS opened at $11.34 on Tuesday. The firm has a market cap of $1.26 billion, a P/E ratio of 5.11 and a beta of 1.85. The stock has a 50-day moving average of $12.82 and a 200 day moving average of $16.26. Kohl’s has a 12 month low of $10.91 and a 12 month 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.

Insider Activity

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’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 owns 133,091 shares of the company’s stock, 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 Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.86% of the company’s stock.

Institutional Investors Weigh In On Kohl’s

A number of large investors have recently made changes to their positions in KSS. Brown Brothers Harriman & Co. grew its position in Kohl’s by 183.8% in the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after acquiring an additional 917 shares during the period. SBI Securities Co. Ltd. purchased a new position in Kohl’s in the fourth quarter valued at $26,000. Farther Finance Advisors LLC grew its position 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 buying an additional 1,034 shares in the last quarter. State of Wyoming acquired a new stake in shares of Kohl’s in the 4th quarter valued at $35,000. Finally, Bogart Wealth LLC purchased a new position in shares of Kohl’s in the 4th quarter valued at about $35,000. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

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.