Kohl's (NYSE:KSS) Given New $11.25 Price Target at The Goldman Sachs Group

Kohl's (NYSE:KSS - Get Free Report) had its price target decreased by The Goldman Sachs Group from $13.00 to $11.25 in a report released on Tuesday,Benzinga reports. The brokerage presently has a "sell" rating on the stock. The Goldman Sachs Group's price target suggests a potential downside of 0.75% from the company's current price.

A number of other equities analysts have also issued reports on KSS. Guggenheim lowered shares of Kohl's from a "buy" rating to a "neutral" rating in a research report on Monday, December 2nd. Baird R W downgraded shares of Kohl's from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 27th. Morgan Stanley decreased their target price 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. TD Cowen cut their price target on shares of Kohl's from $20.00 to $16.00 and set a "hold" rating for the company in a research note on Wednesday, November 27th. Finally, Gordon Haskett cut shares of Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 target price for the company. in a research note on Tuesday, November 26th. Four investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $15.84.

Kohl's Trading Down 0.3 %

NYSE KSS traded down $0.04 on Tuesday, hitting $11.34. 6,967,041 shares of the stock were exchanged, compared to its average volume of 7,366,832. Kohl's has a 52-week low of $10.91 and a 52-week high of $29.60. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 5.11 and a beta of 1.85. The company's 50-day moving average price is $12.88 and its two-hundred day moving average price is $16.30.

Insiders Place Their Bets

In related news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl's stock in a transaction 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.86% of the company's stock.

Institutional Trading of Kohl's

A number of hedge funds have recently modified their holdings of KSS. Wealth Enhancement Advisory Services LLC lifted its stake in Kohl's by 6.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 27,486 shares of the company's stock valued at $580,000 after acquiring an additional 1,548 shares during the period. Nisa Investment Advisors LLC boosted its stake in Kohl's by 22.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 36,300 shares of the company's stock worth $766,000 after purchasing an additional 6,549 shares during the period. US Bancorp DE boosted its position in shares of Kohl's by 15.0% during the 3rd quarter. US Bancorp DE now owns 15,239 shares of the company's stock valued at $322,000 after acquiring an additional 1,987 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Kohl's by 117.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company's stock valued at $40,000 after acquiring an additional 1,034 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Kohl's by 4.7% in the third quarter. Janney Montgomery Scott LLC now owns 150,017 shares of the company's stock worth $3,165,000 after buying an additional 6,719 shares during the last quarter. Institutional investors own 98.04% 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.