Cantor Fitzgerald Investment Advisors L.P. Sells 129,478 Shares of Kohl's Co. (NYSE:KSS)

Cantor Fitzgerald Investment Advisors L.P. trimmed its position in shares of Kohl's Co. (NYSE:KSS - Free Report) by 62.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,295 shares of the company's stock after selling 129,478 shares during the period. Cantor Fitzgerald Investment Advisors L.P. owned about 0.07% of Kohl's worth $1,071,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of KSS. Pacer Advisors Inc. boosted its position in shares of Kohl's by 149.3% during 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 in the last quarter. FMR LLC lifted its holdings in shares of Kohl's by 10.8% during 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 in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Kohl's by 5.3% during 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. Charles Schwab Investment Management Inc. increased its position in Kohl's by 6.3% during 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 acquiring an additional 101,480 shares during the last quarter. Finally, Invenomic Capital Management LP increased its position in Kohl's by 15.6% during the third quarter. Invenomic Capital Management LP now owns 1,033,912 shares of the company's stock valued at $21,816,000 after acquiring an additional 139,519 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on KSS. Robert W. Baird cut Kohl's from an "outperform" rating to a "neutral" rating and reduced their price target for the stock from $25.00 to $18.00 in a research report on Wednesday, November 27th. Citigroup reduced their price target on Kohl's from $18.00 to $14.00 and set a "neutral" rating on the stock in a report on Wednesday, November 27th. Morgan Stanley reduced their price objective on Kohl's from $17.00 to $15.00 and set an "underweight" rating on the stock in a report on Monday, November 25th. Jefferies Financial Group cut their price target on Kohl's from $15.00 to $12.00 and set a "hold" rating on the stock in a report on Tuesday, February 4th. Finally, TD Cowen lowered their price objective on 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 research analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $16.70.

Insider Activity

In other Kohl's news, EVP Feeney Siobhan Mc sold 3,827 shares of the firm'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 sale, the executive vice president now owns 133,091 shares in the company, valued at approximately $1,869,928.55. This trade represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.86% of the company's stock.

Kohl's Price Performance

Shares of NYSE:KSS traded down $0.17 during trading on Wednesday, hitting $11.61. 8,397,832 shares of the stock were exchanged, compared to its average volume of 7,211,530. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. Kohl's Co. has a 12-month low of $11.53 and a 12-month high of $29.60. The company has a market cap of $1.29 billion, a PE ratio of 5.23 and a beta of 1.85. The company has a fifty day moving average price of $13.74 and a two-hundred day moving average price of $17.19.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly 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 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 quarter last year, the firm posted $0.53 earnings per share. The company's revenue was down 8.5% on a year-over-year basis. On average, analysts forecast that Kohl's Co. will post 1.3 EPS for the current year.

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.