Kohl's Co. (NYSE:KSS) Given Consensus Recommendation of "Reduce" by Brokerages

Kohl's Co. (NYSE:KSS - Get Free Report) has earned an average rating of "Reduce" from the ten research firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $17.22.

A number of equities research analysts have weighed in on KSS shares. 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. Robert W. Baird downgraded shares of Kohl's from an "outperform" rating to a "neutral" rating and dropped their price objective for the company from $25.00 to $18.00 in a research report on Wednesday, November 27th. Citigroup decreased their target price on Kohl's from $18.00 to $14.00 and set a "neutral" rating for the company in a research note on Wednesday, November 27th. Telsey Advisory Group dropped their price target on shares of Kohl's from $23.00 to $17.00 and set a "market perform" rating on the stock in a research note on Wednesday, November 27th. Finally, 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 report on Monday, November 25th.

Insider Activity at Kohl's

In related news, EVP Feeney Siobhan Mc sold 16,367 shares of the firm's stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total value of $315,392.09. Following the completion of the sale, the executive vice president now owns 136,799 shares in the company, valued at $2,636,116.73. This trade represents a 10.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.86% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Kohl's

A number of large investors have recently modified their holdings of the business. Quadrature Capital Ltd increased its holdings in shares of Kohl's by 151.8% in the 3rd quarter. Quadrature Capital Ltd now owns 66,744 shares of the company's stock valued at $1,408,000 after purchasing an additional 40,238 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of Kohl's by 149.3% during the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company's stock valued at $349,671,000 after acquiring an additional 9,925,878 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Kohl's during the third quarter worth $735,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Kohl's in the 3rd quarter worth about $2,694,000. Finally, Victory Capital Management Inc. grew its position in shares of Kohl's by 226.4% in the third quarter. Victory Capital Management Inc. now owns 137,531 shares of the company's stock valued at $2,902,000 after purchasing an additional 95,398 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl's Trading Down 3.5 %

Shares of KSS stock traded down $0.50 on Monday, hitting $13.86. 11,099,780 shares of the stock traded hands, compared to its average volume of 6,737,201. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. Kohl's has a twelve month low of $13.65 and a twelve month high of $29.60. The firm's 50-day moving average price is $16.44 and its two-hundred day moving average price is $19.10. The stock has a market capitalization of $1.54 billion, a PE ratio of 6.24, a PEG ratio of 1.38 and a beta of 1.88.

Kohl's (NYSE:KSS - Get Free Report) last posted its 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). The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates 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 for the quarter was down 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.53 earnings per share. As a group, analysts anticipate that Kohl's will post 1.3 EPS for the current year.

Kohl's Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 14.43%. The ex-dividend date was Wednesday, December 11th. Kohl's's dividend payout ratio is currently 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.