Kohl’s Co. (NYSE:KSS) EVP Feeney Siobhan Mc Sells 16,367 Shares

Kohl’s Co. (NYSE:KSS) EVP Feeney Siobhan Mc sold 16,367 shares of the business’s stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total transaction of $315,392.09. Following the sale, the executive vice president now directly owns 136,799 shares of the company’s stock, valued at approximately $2,636,116.73. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kohl’s Trading Up 0.9 %

Shares of KSS stock opened at $19.62 on Friday. Kohl’s Co. has a 12-month low of $17.68 and a 12-month high of $29.60. The company has a quick ratio of 0.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.98. The company has a 50 day moving average of $19.84 and a 200-day moving average of $22.47. The firm has a market cap of $2.18 billion, a P/E ratio of 7.91, a PEG ratio of 1.32 and a beta of 1.93.

Kohl’s (NYSE:KSS) last issued its earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.13. The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.69 billion. Kohl’s had a return on equity of 7.43% and a net margin of 1.66%. The business’s revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 earnings per share. Sell-side analysts anticipate that Kohl’s Co. will post 1.8 earnings per share for the current year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $2.00 dividend on an annualized basis and a yield of 10.19%. Kohl’s’s dividend payout ratio is presently 80.65%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Telsey Advisory Group reaffirmed a “market perform” rating and set a $23.00 target price on shares of Kohl’s in a research report on Wednesday, August 28th. TD Cowen cut shares of Kohl’s from a “buy” rating to a “hold” rating and dropped their target price for the stock from $25.00 to $21.00 in a research report on Friday, August 30th. Evercore ISI reduced their target price on Kohl’s from $22.00 to $20.00 and set an “in-line” rating for the company in a report on Thursday, August 29th. Robert W. Baird dropped their price target on Kohl’s from $27.00 to $25.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Finally, Morgan Stanley cut Kohl’s to an “underweight” rating and cut their price objective for the stock from $18.00 to $17.00 in a research report on Tuesday, August 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $21.29.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Kohl’s by 16.4% during the 4th quarter. Vanguard Group Inc. now owns 12,591,595 shares of the company’s stock valued at $361,127,000 after buying an additional 1,775,024 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Kohl’s by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,434,081 shares of the company’s stock worth $147,923,000 after acquiring an additional 52,126 shares during the period. American Century Companies Inc. lifted its stake in Kohl’s by 26.3% in the 2nd quarter. American Century Companies Inc. now owns 3,093,773 shares of the company’s stock worth $71,126,000 after purchasing an additional 643,913 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Kohl’s by 348.0% in the 2nd quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company’s stock valued at $50,118,000 after purchasing an additional 1,694,162 shares during the period. Finally, Squarepoint Ops LLC grew its position in shares of Kohl’s by 6,076.8% during the 2nd quarter. Squarepoint Ops LLC now owns 1,834,509 shares of the company’s stock valued at $42,175,000 after purchasing an additional 1,804,809 shares in the last quarter. 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.