Venture Visionary Partners LLC Makes New Investment in Kohl's Co. (NYSE:KSS)

Venture Visionary Partners LLC bought a new position in Kohl's Co. (NYSE:KSS - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 47,171 shares of the company's stock, valued at approximately $995,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Kohl's by 16.4% during the fourth quarter. Vanguard Group Inc. now owns 12,591,595 shares of the company's stock worth $361,127,000 after acquiring an additional 1,775,024 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Kohl's by 21.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,567 shares of the company's stock worth $446,000 after buying an additional 2,754 shares during the last quarter. Register Financial Advisors LLC bought a new position in Kohl's during the 1st quarter valued at approximately $54,000. Hexagon Capital Partners LLC raised its stake in Kohl's by 82.7% during the first quarter. Hexagon Capital Partners LLC now owns 2,567 shares of the company's stock valued at $75,000 after buying an additional 1,162 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Kohl's by 495.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 4,936 shares of the company's stock worth $144,000 after acquiring an additional 4,107 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered Kohl's from a "neutral" rating to an "underweight" rating and set a $19.00 price target for the company. in a research report on Thursday, August 29th. TD Cowen downgraded shares of Kohl's from a "buy" rating to a "hold" rating and dropped their target price for the stock from $25.00 to $21.00 in a research note on Friday, August 30th. Robert W. Baird reduced their price target on shares of Kohl's from $27.00 to $25.00 and set an "outperform" rating for the company in a research report on Thursday, August 29th. Evercore ISI decreased their price objective on shares of Kohl's from $22.00 to $20.00 and set an "in-line" rating for the company in a report on Thursday, August 29th. Finally, Morgan Stanley downgraded Kohl's to an "underweight" rating and cut their target price for the company from $18.00 to $17.00 in a research note on Tuesday, August 27th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $21.29.

Kohl's Stock Performance

NYSE KSS traded down $0.98 during trading hours on Wednesday, hitting $19.38. 5,155,106 shares of the company's stock traded hands, compared to its average volume of 5,964,769. The company has a current ratio of 1.08, a quick ratio of 0.16 and a debt-to-equity ratio of 0.98. Kohl's Co. has a 52 week low of $17.89 and a 52 week high of $29.60. The firm has a market capitalization of $2.15 billion, a P/E ratio of 7.81, a P/E/G ratio of 1.31 and a beta of 1.93. The business's fifty day moving average price is $19.70 and its two-hundred day moving average price is $21.78.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 28th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.46 by $0.13. Kohl's had a return on equity of 7.43% and a net margin of 1.66%. The firm had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period in the prior year, the business posted $0.52 EPS. Kohl's's revenue was down 4.2% on a year-over-year basis. Equities research analysts predict that Kohl's Co. will post 1.8 EPS for the current year.

Kohl's Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 10.32%. The ex-dividend date was Wednesday, September 11th. Kohl's's payout ratio is 80.65%.

Insider Buying and Selling at Kohl's

In other Kohl's news, EVP Feeney Siobhan Mc sold 16,367 shares of the stock in a transaction on Thursday, October 3rd. The stock was 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 approximately $2,636,116.73. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.86% 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.