Kohl's (NYSE:KSS) Hits New 1-Year Low - Should You Sell?

Shares of Kohl's Co. (NYSE:KSS - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $12.61 and last traded at $12.75, with a volume of 144973 shares. The stock had previously closed at $13.21.

Wall Street Analyst Weigh In

A number of research firms have recently commented on KSS. Guggenheim downgraded Kohl's from a "buy" rating to a "neutral" rating in a report on Monday, December 2nd. Telsey Advisory Group reduced their price objective on 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. Citigroup decreased their price target on Kohl's from $18.00 to $14.00 and set a "neutral" rating for the company in a report on Wednesday, November 27th. Morgan Stanley decreased their price objective on shares of Kohl's from $17.00 to $15.00 and set an "underweight" rating for the company in a research report on Monday, November 25th. Finally, Jefferies Financial Group dropped their target price on Kohl's from $15.00 to $12.00 and set a "hold" rating on the stock in a research report on Tuesday. Three investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $16.70.

Kohl's Trading Down 1.7 %

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 $1.42 billion, a price-to-earnings ratio of 5.75 and a beta of 1.85. The firm has a 50-day moving average price of $13.98 and a 200 day moving average price of $17.44.

Kohl's (NYSE:KSS - Get Free Report) last released its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.08). The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. Kohl's had a return on equity of 6.44% and a net margin of 1.47%. The business's revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.53 EPS. As a group, sell-side analysts forecast that Kohl's Co. will post 1.31 EPS for the current year.

Kohl's Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $2.00 annualized dividend and a yield of 15.66%. Kohl's's dividend payout ratio (DPR) is 90.09%.

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 on Friday, January 3rd. The shares were sold at an average price of $14.05, for a total transaction of $53,769.35. Following the completion of the transaction, the executive vice president now owns 133,091 shares of the company's stock, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.86% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of KSS. Axiom Advisory LLC raised its holdings in shares of Kohl's by 13.1% during the third quarter. Axiom Advisory LLC now owns 14,552 shares of the company's stock valued at $297,000 after buying an additional 1,680 shares during the last quarter. CWM LLC raised its stake in Kohl's by 590.5% during the 3rd quarter. CWM LLC now owns 13,286 shares of the company's stock valued at $280,000 after acquiring an additional 11,362 shares in the last quarter. Annex Advisory Services LLC boosted its position in Kohl's by 2.1% during the 3rd quarter. Annex Advisory Services LLC now owns 200,789 shares of the company's stock worth $4,237,000 after acquiring an additional 4,152 shares during the period. Gilman Hill Asset Management LLC grew its stake in shares of Kohl's by 4.3% in the third quarter. Gilman Hill Asset Management LLC now owns 333,786 shares of the company's stock worth $7,043,000 after purchasing an additional 13,716 shares in the last quarter. Finally, Paragon Capital Management Inc. bought a new position in Kohl's in the 3rd quarter valued at about $1,801,000. 98.04% of the stock is owned by institutional investors and hedge funds.

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.