Telsey Advisory Group Lowers Kohl’s (NYSE:KSS) Price Target to $13.00

Kohl’s (NYSE:KSS) had its price target reduced by Telsey Advisory Group from $17.00 to $13.00 in a report issued on Wednesday, MarketBeat reports. They currently have a market perform rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Citigroup lowered their target price on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. 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 report on Tuesday. Baird R W cut shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Jefferies Financial Group lowered 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, Morgan Stanley reduced their price target on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating for the company in a research report on Monday, November 25th. Four investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $15.84.

Kohl’s Trading Down 0.3 %

NYSE:KSS opened at $11.34 on Wednesday. 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 $1.26 billion, a PE ratio of 5.11 and a beta of 1.85. The firm’s 50 day moving average is $12.82 and its 200 day moving average is $16.26. Kohl’s has a 12 month low of $10.91 and a 12 month high of $29.60.

Insider Buying and Selling

In related 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 value of $53,769.35. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.86% of the stock is owned by company insiders.

Institutional Trading of Kohl’s

Several institutional investors have recently added to or reduced their stakes in the business. Pacer Advisors Inc. boosted its position in Kohl’s by 149.3% during the third quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after buying an additional 9,925,878 shares during the period. FMR LLC raised its stake in shares of Kohl’s by 10.8% during the third quarter. FMR LLC now owns 7,576,274 shares of the company’s stock valued at $159,859,000 after acquiring an additional 740,398 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Kohl’s by 11.7% during the fourth quarter. American Century Companies Inc. now owns 4,134,298 shares of the company’s stock valued at $58,046,000 after acquiring an additional 433,264 shares during the last quarter. Allianz Asset Management GmbH raised its stake in shares of Kohl’s by 3.3% during the fourth quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company’s stock valued at $51,190,000 after acquiring an additional 117,819 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of Kohl’s by 1.6% during the fourth quarter. Invesco Ltd. now owns 2,292,746 shares of the company’s stock valued at $32,190,000 after acquiring an additional 36,622 shares during the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

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.