SG Americas Securities LLC Has $966,000 Stock Holdings in Kohl's Co. (NYSE:KSS)

SG Americas Securities LLC reduced its stake in shares of Kohl's Co. (NYSE:KSS - Free Report) by 87.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,838 shares of the company's stock after selling 497,181 shares during the period. SG Americas Securities LLC owned about 0.06% of Kohl's worth $966,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of KSS. Bank of Montreal Can increased its holdings in shares of Kohl's by 35.6% in the 2nd quarter. Bank of Montreal Can now owns 37,799 shares of the company's stock valued at $907,000 after acquiring an additional 9,929 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Kohl's by 0.5% during the second quarter. The Manufacturers Life Insurance Company now owns 234,659 shares of the company's stock valued at $5,395,000 after acquiring an additional 1,079 shares during the period. Algert Global LLC bought a new position in shares of Kohl's during the second quarter worth about $694,000. Axiom Advisory LLC increased its holdings in shares of Kohl's by 13.1% in the 3rd quarter. Axiom Advisory LLC now owns 14,552 shares of the company's stock worth $297,000 after acquiring an additional 1,680 shares during the period. Finally, CWM LLC boosted 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 purchasing an additional 11,362 shares during the period. Institutional investors own 98.04% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Guggenheim cut Kohl's from a "buy" rating to a "neutral" rating in a report on Monday, December 2nd. Morgan Stanley cut their target price on Kohl's from $17.00 to $15.00 and set an "underweight" rating on the stock in a research note on Monday, November 25th. TD Cowen reduced their price target on Kohl's from $20.00 to $16.00 and set a "hold" rating for the company in a research report on Wednesday, November 27th. Robert W. Baird lowered Kohl's from an "outperform" rating to a "neutral" rating and lowered their price target for the company from $25.00 to $18.00 in a report on Wednesday, November 27th. Finally, Baird R W downgraded shares of Kohl's from a "strong-buy" rating to a "hold" rating in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company's stock. According to MarketBeat, Kohl's presently has an average rating of "Hold" and an average target price of $17.22.

Insider Transactions 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 stock was sold at an average price of $14.05, for a total transaction of $53,769.35. Following the sale, 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 document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.86% of the company's stock.

Kohl's Price Performance

NYSE:KSS traded down $0.28 during mid-day trading on Friday, reaching $13.16. 6,799,686 shares of the stock were exchanged, compared to its average volume of 6,916,569. 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 business has a fifty day moving average price of $14.24 and a 200 day moving average price of $17.72. Kohl's Co. has a 1-year low of $12.62 and a 1-year high of $29.60. The firm has a market capitalization of $1.46 billion, a PE ratio of 5.93 and a beta of 1.87.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 earnings per share (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 business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the prior year, the firm earned $0.53 EPS. The business's revenue for the quarter was down 8.5% on a year-over-year basis. Research analysts expect that Kohl's Co. will post 1.31 earnings per share for the current fiscal year.

Kohl's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 15.20%. Kohl's's dividend payout ratio (DPR) is presently 90.09%.

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.