Ingalls & Snyder LLC Acquires New Shares in Kohl's Co. (NYSE:KSS)

Ingalls & Snyder LLC acquired a new stake in shares of Kohl's Co. (NYSE:KSS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 79,100 shares of the company's stock, valued at approximately $1,111,000. Ingalls & Snyder LLC owned 0.07% of Kohl's as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Signaturefd LLC raised its position in Kohl's by 14.1% during the third quarter. Signaturefd LLC now owns 3,965 shares of the company's stock valued at $84,000 after purchasing an additional 491 shares in the last quarter. Insight Folios Inc increased its holdings in shares of Kohl's by 3.4% in the third quarter. Insight Folios Inc now owns 21,444 shares of the company's stock worth $452,000 after buying an additional 701 shares during the period. Brown Brothers Harriman & Co. increased its holdings in shares of Kohl's by 183.8% in the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company's stock worth $30,000 after buying an additional 917 shares during the period. Farther Finance Advisors LLC increased its holdings 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 buying an additional 1,034 shares during the period. Finally, Abich Financial Wealth Management LLC increased its holdings in shares of Kohl's by 70.5% in the third quarter. Abich Financial Wealth Management LLC now owns 3,669 shares of the company's stock worth $77,000 after buying an additional 1,517 shares during the period. Institutional investors own 98.04% of the company's stock.

Kohl's Stock Down 1.1 %

Kohl's stock traded down $0.14 during trading hours on Monday, hitting $11.73. 6,848,474 shares of the stock traded hands, compared to its average volume of 6,646,935. The firm's 50-day moving average price is $13.52 and its two-hundred day moving average price is $16.99. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. The company has a market cap of $1.31 billion, a PE ratio of 5.28 and a beta of 1.85. Kohl's Co. has a one year low of $11.53 and a one year high of $29.60.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.64 billion. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The business's revenue was down 8.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.53 earnings per share. On average, research analysts forecast that Kohl's Co. will post 1.3 EPS for the current year.

Insider Buying and Selling 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 stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the sale, the executive vice president now directly owns 133,091 shares of the company's stock, valued at $1,869,928.55. The trade was a 2.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.86% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on KSS shares. Morgan Stanley decreased 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. Citigroup decreased their price objective on Kohl's from $18.00 to $14.00 and set a "neutral" rating on the stock in a report on Wednesday, November 27th. Robert W. Baird downgraded Kohl's from an "outperform" rating to a "neutral" rating and decreased their price objective for the stock from $25.00 to $18.00 in a report on Wednesday, November 27th. Gordon Haskett downgraded Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 price objective on the stock. in a report on Tuesday, November 26th. Finally, Jefferies Financial Group decreased their price objective on Kohl's from $15.00 to $12.00 and set a "hold" rating on the stock in a report on Tuesday, February 4th. Three 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.com, Kohl's has an average rating of "Hold" and an average price target of $16.70.

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.