Jones Financial Companies Lllp Purchases 22,785 Shares of Kohl's Co. (NYSE:KSS)

Jones Financial Companies Lllp raised its position in shares of Kohl's Co. (NYSE:KSS - Free Report) by 98.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,916 shares of the company's stock after acquiring an additional 22,785 shares during the quarter. Jones Financial Companies Lllp's holdings in Kohl's were worth $645,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Parkside Financial Bank & Trust boosted its position in Kohl's by 64.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 17,803 shares of the company's stock valued at $250,000 after acquiring an additional 7,000 shares during the last quarter. Illinois Municipal Retirement Fund boosted its position in Kohl's by 2.6% during the fourth quarter. Illinois Municipal Retirement Fund now owns 59,987 shares of the company's stock valued at $842,000 after acquiring an additional 1,522 shares during the last quarter. Allianz Asset Management GmbH boosted its position in Kohl's by 3.3% during the fourth quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company's stock valued at $51,190,000 after acquiring an additional 117,819 shares during the last quarter. Hussman Strategic Advisors Inc. boosted its position in shares of Kohl's by 66.7% during the 4th quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company's stock worth $1,474,000 after purchasing an additional 42,000 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its position in shares of Kohl's by 6.9% during the 4th quarter. New York State Common Retirement Fund now owns 49,126 shares of the company's stock worth $690,000 after purchasing an additional 3,186 shares in the last quarter. Institutional investors own 98.04% of the company's stock.

Kohl's Trading Up 9.0 %

KSS opened at $12.25 on Monday. 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 fifty-two week low of $10.91 and a fifty-two week high of $29.60. The firm has a market capitalization of $1.36 billion, a PE ratio of 5.52 and a beta of 1.92. The company's 50-day moving average is $12.71 and its 200 day moving average is $16.12.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Morgan Stanley cut their price objective on shares of Kohl's from $17.00 to $15.00 and set an "underweight" rating on the stock in a research report on Monday, November 25th. Telsey Advisory Group cut their price objective on shares of Kohl's from $17.00 to $13.00 and set a "market perform" rating on the stock in a research report on Wednesday, March 5th. Gordon Haskett cut shares of Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 price objective on the stock. in a research report on Tuesday, November 26th. Citigroup cut their price objective on shares of Kohl's from $18.00 to $14.00 and set a "neutral" rating on the stock in a research report on Wednesday, November 27th. Finally, Baird R W cut shares of Kohl's from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 27th. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $15.84.

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Insider Buying and Selling at Kohl's

In other Kohl's news, EVP Feeney Siobhan Mc sold 3,827 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $14.05, for a total value of $53,769.35. Following the completion of 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.86% of the company's stock.

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.

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