Vontobel Holding Ltd. Takes $290,000 Position in Kohl’s Co. (NYSE:KSS)

Vontobel Holding Ltd. acquired a new position in shares of Kohl’s Co. (NYSE:KSS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 20,675 shares of the company’s stock, valued at approximately $290,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. increased its position in Kohl’s by 183.8% during the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after purchasing an additional 917 shares during the last quarter. Farther Finance Advisors LLC increased its position in Kohl’s by 117.5% during the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock worth $40,000 after purchasing an additional 1,034 shares during the last quarter. Bogart Wealth LLC acquired a new stake in Kohl’s during the fourth quarter worth about $35,000. Quest Partners LLC acquired a new stake in Kohl’s during the third quarter worth about $60,000. Finally, Abich Financial Wealth Management LLC increased its position in Kohl’s by 70.5% during the third quarter. Abich Financial Wealth Management LLC now owns 3,669 shares of the company’s stock worth $77,000 after purchasing an additional 1,517 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on KSS shares. Robert W. Baird cut shares of Kohl’s from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $25.00 to $18.00 in a research report on Wednesday, November 27th. Baird R W lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Morgan Stanley lowered 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 note on Monday, November 25th. Finally, Telsey Advisory Group lowered their target price on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a research note on Wednesday, November 27th. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $16.70.

Insider Activity at Kohl’s

In related news, EVP Feeney Siobhan Mc sold 3,827 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president now owns 133,091 shares of the company’s stock, valued at $1,869,928.55. This trade represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.86% of the stock is owned by corporate insiders.

Kohl’s Trading Up 0.2 %

NYSE KSS opened at $12.03 on Friday. The firm has a 50 day simple moving average of $13.28 and a 200-day simple moving average of $16.79. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. Kohl’s Co. has a one year low of $11.53 and a one year high of $29.60. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 5.42 and a beta of 1.85.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The business had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the previous year, the business posted $0.53 EPS. The company’s revenue for the quarter was down 8.5% compared to the same quarter last year. Equities research analysts anticipate that Kohl’s Co. will post 1.3 EPS for the current fiscal year.

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.