Bogart Wealth LLC Takes Position in Kohl’s Co. (NYSE:KSS)

Bogart Wealth LLC bought a new stake in Kohl’s Co. (NYSE:KSS) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,500 shares of the company’s stock, valued at approximately $35,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. raised its holdings in shares of Kohl’s by 149.3% in the third quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after purchasing an additional 9,925,878 shares during the last quarter. FMR LLC raised its holdings in shares of Kohl’s by 10.8% in the third quarter. FMR LLC now owns 7,576,274 shares of the company’s stock valued at $159,859,000 after purchasing an additional 740,398 shares during the last quarter. Geode Capital Management LLC raised 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 during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Kohl’s by 6.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,716,006 shares of the company’s stock valued at $36,208,000 after purchasing an additional 101,480 shares during the last quarter. Finally, Invenomic Capital Management LP raised its holdings in shares of Kohl’s by 15.6% in the third quarter. Invenomic Capital Management LP now owns 1,033,912 shares of the company’s stock valued at $21,816,000 after purchasing an additional 139,519 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Insider Buying and Selling

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value 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. This represents a 2.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.86% of the stock is currently owned by company insiders.

Kohl’s Price Performance

Shares of NYSE:KSS 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. The firm has a market capitalization of $1.31 billion, a PE ratio of 5.28 and a beta of 1.85. Kohl’s Co. has a twelve month low of $11.53 and a twelve month high of $29.60. The company has a 50-day moving average price of $13.52 and a two-hundred day moving average price of $17.02.

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on KSS shares. Jefferies Financial Group reduced their price target on shares of Kohl’s from $15.00 to $12.00 and set a “hold” rating for the company in a research report on Tuesday, February 4th. Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. Citigroup reduced their price target on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research 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 target for the company. in a research report on Tuesday, November 26th. Finally, TD Cowen reduced their price target 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 equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $16.70.

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.