2,500 Shares in Kohl’s Co. (NYSE:KSS) Acquired by Bogart Wealth LLC

Bogart Wealth LLC acquired a new position in shares of Kohl’s Co. (NYSE:KSS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,500 shares of the company’s stock, valued at approximately $35,000.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC grew its holdings in Kohl’s by 590.5% during the 3rd quarter. CWM LLC now owns 13,286 shares of the company’s stock worth $280,000 after acquiring an additional 11,362 shares during the last quarter. Blue Trust Inc. grew its holdings in Kohl’s by 1,756.0% during the 3rd quarter. Blue Trust Inc. now owns 3,842 shares of the company’s stock worth $88,000 after acquiring an additional 3,635 shares during the last quarter. Venture Visionary Partners LLC bought a new stake in Kohl’s during the 3rd quarter worth approximately $995,000. Signaturefd LLC grew its holdings in Kohl’s by 14.1% during the 3rd quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock worth $84,000 after acquiring an additional 491 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Kohl’s by 109.2% during the 3rd quarter. International Assets Investment Management LLC now owns 546,070 shares of the company’s stock worth $11,522,000 after acquiring an additional 285,070 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Stock Down 1.1 %

Kohl’s stock opened at $11.73 on Friday. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. Kohl’s Co. has a 12-month low of $11.53 and a 12-month high of $29.60. The firm’s fifty day moving average is $13.52 and its 200 day moving average is $17.02. The company has a market capitalization of $1.31 billion, a PE ratio of 5.28 and a beta of 1.85.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same quarter in the previous year, the firm earned $0.53 EPS. The firm’s revenue was down 8.5% on a year-over-year basis. As a group, sell-side analysts predict that Kohl’s Co. will post 1.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other Kohl’s 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 transaction, the executive vice president now owns 133,091 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink. Corporate insiders own 0.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on KSS. TD Cowen reduced their target price on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a report on Wednesday, November 27th. Gordon Haskett lowered shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price objective on the stock. in a research note on Tuesday, November 26th. Citigroup reduced their price objective on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 27th. Morgan Stanley reduced their price objective on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a research note on Monday, November 25th. Finally, Baird R W lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Three investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to data from MarketBeat.com, Kohl’s has an average rating of “Hold” and a consensus target price of $16.70.

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.