Kohl's Co. (NYSE:KSS) Shares Acquired by Allianz Asset Management GmbH

Allianz Asset Management GmbH increased its position in Kohl's Co. (NYSE:KSS - Free Report) by 3.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,646,011 shares of the company's stock after purchasing an additional 117,819 shares during the period. Allianz Asset Management GmbH owned 3.28% of Kohl's worth $51,190,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of KSS. Pacer Advisors Inc. grew its stake in Kohl's by 149.3% in the third quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company's stock worth $349,671,000 after purchasing an additional 9,925,878 shares in the last quarter. FMR LLC grew its stake in Kohl's by 10.8% in the third quarter. FMR LLC now owns 7,576,274 shares of the company's stock worth $159,859,000 after purchasing an additional 740,398 shares in the last quarter. Empowered Funds LLC grew its stake in Kohl's by 3,751.8% in the third quarter. Empowered Funds LLC now owns 391,531 shares of the company's stock worth $8,261,000 after purchasing an additional 381,366 shares in the last quarter. International Assets Investment Management LLC grew its stake in Kohl's by 109.2% in the third quarter. International Assets Investment Management LLC now owns 546,070 shares of the company's stock worth $11,522,000 after purchasing an additional 285,070 shares in the last quarter. Finally, Quantbot Technologies LP grew its stake in Kohl's by 180.3% in the third quarter. Quantbot Technologies LP now owns 334,150 shares of the company's stock worth $7,051,000 after purchasing an additional 214,956 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl's Price Performance

Shares of NYSE:KSS opened at $12.03 on Friday. Kohl's Co. has a 12 month low of $11.53 and a 12 month high of $29.60. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 5.42 and a beta of 1.85. The stock's 50 day moving average price is $13.23 and its 200 day moving average price is $16.74. 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 (NYSE:KSS - Get Free Report) last announced its earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing the consensus estimate 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 in the previous year, the firm earned $0.53 EPS. Kohl's's revenue for the quarter was down 8.5% on a year-over-year basis. Equities research analysts anticipate that Kohl's Co. will post 1.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on KSS shares. Robert W. Baird cut shares of Kohl's from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $25.00 to $18.00 in a report on Wednesday, November 27th. Gordon Haskett cut shares of Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 target price on the stock. in a report on Tuesday, November 26th. Citigroup cut their target price on shares of Kohl's from $18.00 to $14.00 and set a "neutral" rating on the stock in a report on Wednesday, November 27th. Baird R W cut shares of Kohl's from a "strong-buy" rating to a "hold" rating in a report on Wednesday, November 27th. Finally, Telsey Advisory Group cut their target price on shares of Kohl's from $23.00 to $17.00 and set a "market perform" rating on the stock in a report on Wednesday, November 27th. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $16.70.

Insider Buying and Selling

In other Kohl's news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl'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 transaction, the executive vice president now owns 133,091 shares in the company, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.86% of the stock is owned by corporate insiders.

Kohl's 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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