Kohl’s Co. (NYSE:KSS) EVP Feeney Siobhan Mc Sells 3,827 Shares of Stock

Kohl’s Co. (NYSE:KSS) EVP Feeney Siobhan Mc sold 3,827 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total transaction of $53,769.35. Following the transaction, the executive vice president now directly 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 sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Kohl’s Price Performance

Shares of NYSE KSS opened at $13.99 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. Kohl’s Co. has a one year low of $13.65 and a one year high of $29.60. The firm has a market capitalization of $1.56 billion, a P/E ratio of 6.30, a PEG ratio of 1.38 and a beta of 1.87. The company’s fifty day moving average is $16.01 and its two-hundred day moving average is $18.89.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.08). Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. 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 company posted $0.53 earnings per share. The company’s quarterly revenue was down 8.5% compared to the same quarter last year. Analysts forecast that Kohl’s Co. will post 1.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $2.00 annualized dividend and a yield of 14.30%. Kohl’s’s dividend payout ratio is presently 90.09%.

Institutional Trading of Kohl’s

Several large investors have recently bought and sold shares of KSS. Silverleafe Capital Partners LLC acquired a new position in shares of Kohl’s during the 4th quarter worth $140,000. Franklin Resources Inc. raised its position in Kohl’s by 25.6% during the third quarter. Franklin Resources Inc. now owns 45,179 shares of the company’s stock worth $872,000 after acquiring an additional 9,196 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Kohl’s during the third quarter worth about $215,000. Geode Capital Management LLC lifted its holdings in shares of Kohl’s by 5.3% in the third quarter. Geode Capital Management LLC now owns 1,826,101 shares of the company’s stock valued at $38,541,000 after purchasing an additional 91,608 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Kohl’s in the third quarter valued at approximately $2,694,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Guggenheim lowered Kohl’s from a “buy” rating to a “neutral” rating in a report on Monday, December 2nd. Robert W. Baird downgraded Kohl’s from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $25.00 to $18.00 in a research note 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. Finally, TD Cowen cut their price objective 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. Three investment analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $17.22.

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.