XTX Topco Ltd Sells 41,794 Shares of Kohl’s Co. (NYSE:KSS)

XTX Topco Ltd decreased its holdings in shares of Kohl’s Co. (NYSE:KSS) by 60.7% in the 3rd quarter, Holdings Channel reports. The firm owned 27,093 shares of the company’s stock after selling 41,794 shares during the period. XTX Topco Ltd’s holdings in Kohl’s were worth $572,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of KSS. Brown Brothers Harriman & Co. raised its holdings in shares of Kohl’s by 183.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock valued at $30,000 after buying an additional 917 shares in the last quarter. Security National Bank bought a new position in Kohl’s during the second quarter valued at approximately $34,000. Farther Finance Advisors LLC raised its stake 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 acquiring an additional 1,034 shares in the last quarter. CWM LLC boosted its stake in shares of Kohl’s by 97.1% in the 2nd quarter. CWM LLC now owns 1,924 shares of the company’s stock valued at $44,000 after purchasing an additional 948 shares in the last quarter. Finally, Abich Financial Wealth Management LLC bought a new position in shares of Kohl’s during the 2nd quarter valued at $49,000. 98.04% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Kohl’s

In related news, EVP Feeney Siobhan Mc sold 16,367 shares of the firm’s stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total value of $315,392.09. Following the transaction, the executive vice president now directly owns 136,799 shares of the company’s stock, valued at approximately $2,636,116.73. This trade represents a 10.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on KSS shares. TD Cowen cut their price target on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, November 27th. Citigroup dropped their price objective on Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Wednesday, November 27th. Telsey Advisory Group dropped their target price on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a report on Wednesday, November 27th. Evercore ISI cut their price objective on Kohl’s from $22.00 to $20.00 and set an “in-line” rating on the stock in a research report on Thursday, August 29th. Finally, Baird R W downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Three research analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to data from MarketBeat, Kohl’s presently has a consensus rating of “Hold” and an average price target of $17.22.

Kohl’s Stock Up 1.4 %

Shares of NYSE:KSS opened at $14.35 on Friday. The stock has a fifty day simple moving average of $17.74 and a two-hundred day simple moving average of $19.93. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 6.45, a PEG ratio of 1.42 and a beta of 1.88. Kohl’s Co. has a 12-month low of $13.92 and a 12-month high of $29.60.

Kohl’s (NYSE:KSS) last announced 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 return on equity of 6.44% and a net margin of 1.47%. The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the previous year, the firm earned $0.53 earnings per share. Kohl’s’s revenue was down 8.5% on a year-over-year basis. On average, research analysts anticipate that Kohl’s Co. will post 1.3 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th will be paid a $0.50 dividend. The ex-dividend date is Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 13.94%. Kohl’s’s dividend payout ratio (DPR) is currently 90.09%.

Kohl’s 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.