Kohl’s Co. (NYSE:KSS) Receives $12.56 Average PT from Analysts

Shares of Kohl’s Co. (NYSE:KSS) have been given a consensus rating of “Reduce” by the fourteen ratings firms that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a sell recommendation and eight have issued a hold recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $12.10.

A number of equities analysts have recently issued reports on the stock. Citigroup lowered their target price on shares of Kohl’s from $11.00 to $8.00 and set a “neutral” rating on the stock in a research report on Monday. The Goldman Sachs Group lowered their target price on shares of Kohl’s from $13.00 to $11.25 and set a “sell” rating on the stock in a research report on Tuesday, March 4th. UBS Group lowered their target price on shares of Kohl’s from $10.00 to $5.00 and set a “sell” rating on the stock in a research report on Wednesday, March 12th. Robert W. Baird lowered their target price on shares of Kohl’s from $18.00 to $11.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 12th. Finally, Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd.

Insider Buying and Selling at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl’s stock in a transaction on Friday, January 3rd. The stock was 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 owns 133,091 shares of the company’s stock, valued at $1,869,928.55. The trade was a 2.80 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.86% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Pacer Advisors Inc. raised its stake in shares of 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 last quarter. FMR LLC raised its stake in Kohl’s by 10.8% in the 3rd quarter. FMR LLC now owns 7,576,274 shares of the company’s stock valued at $159,859,000 after purchasing an additional 740,398 shares during the last quarter. American Century Companies Inc. raised its stake in Kohl’s by 11.7% in the 4th quarter. American Century Companies Inc. now owns 4,134,298 shares of the company’s stock valued at $58,046,000 after purchasing an additional 433,264 shares during the last quarter. Allianz Asset Management GmbH raised its stake in Kohl’s by 3.3% in the 4th quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company’s stock valued at $51,190,000 after purchasing an additional 117,819 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Kohl’s by 1.6% in the 4th quarter. Invesco Ltd. now owns 2,292,746 shares of the company’s stock valued at $32,190,000 after purchasing an additional 36,622 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Stock Up 6.1 %

KSS stock opened at $8.56 on Friday. 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 has a twelve month low of $7.96 and a twelve month high of $29.60. The company’s 50 day moving average is $12.12 and its two-hundred day moving average is $15.68. The stock has a market cap of $952.33 million, a P/E ratio of 3.85 and a beta of 1.92.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.23. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The company had revenue of $5.18 billion for the quarter, compared to analysts’ expectations of $5.25 billion. During the same quarter last year, the company earned $1.67 earnings per share. The firm’s revenue for the quarter was down 9.4% on a year-over-year basis. Research analysts expect that Kohl’s will post 1.3 earnings per share for the current fiscal year.

Kohl’s Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 5.84%. The ex-dividend date of this dividend is Friday, March 21st. Kohl’s’s dividend payout ratio (DPR) is currently 51.02%.

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.