Kentucky Retirement Systems Insurance Trust Fund Buys Shares of 7,128 Kohl’s Co. (NYSE:KSS)

Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Kohl’s Co. (NYSE:KSS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 7,128 shares of the company’s stock, valued at approximately $100,000.

Other hedge funds have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. increased its holdings in Kohl’s by 183.8% in 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 during the period. Bogart Wealth LLC bought a new position in Kohl’s in the 4th quarter valued at about $35,000. Farther Finance Advisors LLC increased its holdings in Kohl’s by 117.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after buying an additional 1,034 shares during the period. Quest Partners LLC bought a new position in Kohl’s in the 3rd quarter valued at about $60,000. Finally, KBC Group NV increased its holdings in Kohl’s by 58.5% in the 4th quarter. KBC Group NV now owns 5,347 shares of the company’s stock valued at $75,000 after buying an additional 1,974 shares during the period. 98.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

KSS has been the topic of several research reports. Morgan Stanley decreased their price target on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a report on Monday, November 25th. Telsey Advisory Group decreased their price target on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating on the stock in a report on Wednesday, November 27th. Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a report on Monday, December 2nd. Robert W. Baird lowered shares of Kohl’s from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $25.00 to $18.00 in a report on Wednesday, November 27th. Finally, Citigroup decreased their price target 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. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $16.70.

Insider Transactions at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 133,091 shares in the company, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.86% of the company’s stock.

Kohl’s Trading Down 1.1 %

KSS opened at $11.68 on Thursday. Kohl’s Co. has a fifty-two week low of $11.53 and a fifty-two week high of $29.60. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 5.26 and a beta of 1.85. The company’s 50 day moving average price is $13.32 and its two-hundred day moving average price is $16.83.

Kohl’s (NYSE:KSS) last issued its quarterly 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). The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The firm’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 EPS. As a group, research analysts predict that Kohl’s Co. will post 1.3 earnings per share for the current year.

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.