Nisa Investment Advisors LLC Has $211,000 Holdings in Kohl’s Co. (NYSE:KSS)

Nisa Investment Advisors LLC trimmed its position in Kohl’s Co. (NYSE:KSS) by 58.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,000 shares of the company’s stock after selling 21,300 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Kohl’s were worth $211,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Brown Brothers Harriman & Co. boosted its position in Kohl’s by 183.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after acquiring an additional 917 shares during the period. Farther Finance Advisors LLC grew its position in Kohl’s by 117.5% during the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after purchasing an additional 1,034 shares in the last quarter. Quest Partners LLC purchased a new position in Kohl’s during the third quarter valued at approximately $60,000. Abich Financial Wealth Management LLC increased its stake in Kohl’s by 70.5% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 3,669 shares of the company’s stock valued at $77,000 after buying an additional 1,517 shares during the period. Finally, Signaturefd LLC lifted its position in Kohl’s by 14.1% in the 3rd quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock worth $84,000 after buying an additional 491 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on KSS. Robert W. Baird cut shares of Kohl’s from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $25.00 to $18.00 in a report on Wednesday, November 27th. Gordon Haskett cut Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price target for the company. in a research note on Tuesday, November 26th. Baird R W lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. TD Cowen decreased their target price 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. Finally, Citigroup dropped their price target 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. Three investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $17.22.

Kohl’s Trading Down 2.7 %

Shares of NYSE:KSS opened at $13.20 on Thursday. Kohl’s Co. has a 52-week low of $12.62 and a 52-week high of $29.60. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The company has a market cap of $1.47 billion, a P/E ratio of 5.94 and a beta of 1.87. The stock’s 50-day moving average is $14.36 and its 200-day moving average is $17.78.

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 business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period last year, the business earned $0.53 EPS. The business’s quarterly revenue was down 8.5% compared to the same quarter last year. Equities research analysts predict that Kohl’s Co. will post 1.31 earnings per share for the current year.

Kohl’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 15.15%. The ex-dividend date of this dividend was Wednesday, December 11th. Kohl’s’s payout ratio is currently 90.09%.

Insider Buying and Selling at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl’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 sale, the executive vice president now owns 133,091 shares in the company, valued at $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.86% of the company’s stock.

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.