Pure Financial Advisors LLC Makes New Investment in Kohl’s Co. (NYSE:KSS)

Pure Financial Advisors LLC acquired a new stake in Kohl’s Co. (NYSE:KSS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,361 shares of the company’s stock, valued at approximately $145,000.

A number of other institutional investors have also modified their holdings of KSS. Brown Brothers Harriman & Co. raised its holdings in Kohl’s by 183.8% in the third 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. Farther Finance Advisors LLC increased its position in shares of Kohl’s by 117.5% in the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock worth $40,000 after acquiring an additional 1,034 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new position in shares of Kohl’s in the 2nd quarter valued at $49,000. Quest Partners LLC purchased a new stake in Kohl’s during the 3rd quarter worth $60,000. Finally, Signaturefd LLC boosted its position 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 purchasing an additional 491 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Insiders Place Their Bets

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the completion of 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 at this link. 0.86% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Telsey Advisory Group decreased their target price on Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, November 27th. Baird R W cut Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Robert W. Baird downgraded shares of Kohl’s from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $25.00 to $18.00 in a research note on Wednesday, November 27th. Finally, Citigroup lowered their price target on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat.com, Kohl’s currently has an average rating of “Hold” and a consensus target price of $17.22.

Kohl’s Trading Up 1.3 %

NYSE KSS opened at $13.38 on Thursday. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 6.03 and a beta of 1.87. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. Kohl’s Co. has a 12 month low of $12.62 and a 12 month high of $29.60. The company’s fifty day moving average price is $14.79 and its two-hundred day moving average price is $18.10.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 EPS 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 the consensus estimate of $3.64 billion. During the same period in the previous year, the business posted $0.53 EPS. The business’s revenue for the quarter was down 8.5% on a year-over-year basis. As a group, research analysts predict that Kohl’s Co. will post 1.31 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The company also recently disclosed 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 14.95%. The ex-dividend date was Wednesday, December 11th. Kohl’s’s dividend payout ratio (DPR) is presently 90.09%.

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.