Kohl's (NYSE:KSS) Hits New 12-Month Low - Here's Why

Shares of Kohl's Co. (NYSE:KSS - Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as $11.36 and last traded at $11.37, with a volume of 6592830 shares traded. The stock had previously closed at $11.95.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on KSS shares. Citigroup dropped their price target on shares of Kohl's from $18.00 to $14.00 and set a "neutral" rating for the company in a research note on Wednesday, November 27th. Morgan Stanley lowered their price objective on Kohl's from $17.00 to $15.00 and set an "underweight" rating for the company in a research report on Monday, November 25th. Guggenheim downgraded Kohl's from a "buy" rating to a "neutral" rating in a research report on Monday, December 2nd. Robert W. Baird cut Kohl's from an "outperform" rating to a "neutral" rating and lowered their price target for the stock from $25.00 to $18.00 in a report on Wednesday, November 27th. Finally, The Goldman Sachs Group cut their price objective on Kohl's from $13.00 to $11.25 and set a "sell" rating for the company in a research report on Tuesday. Four analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $15.84.

Kohl's Trading Down 0.3 %

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 firm has a market cap of $1.26 billion, a PE ratio of 5.11 and a beta of 1.85. The company's 50 day moving average price is $12.88 and its 200 day moving average price is $16.30.

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 dated Friday, January 3rd. The stock was 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 directly 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 filing with the SEC, which can be accessed through the SEC website. 0.86% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Quadrature Capital Ltd raised 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. Hussman Strategic Advisors Inc. raised its stake in Kohl's by 66.7% in the fourth quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company's stock valued at $1,474,000 after buying an additional 42,000 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Kohl's by 149.3% during the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company's stock worth $349,671,000 after buying an additional 9,925,878 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Kohl's by 15.3% during the 4th quarter. Empowered Funds LLC now owns 451,510 shares of the company's stock worth $6,339,000 after acquiring an additional 59,979 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its holdings in shares of Kohl's by 3.3% in the 4th 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. Hedge funds and other 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.