Kohl’s Co. (NYSE:KSS) Holdings Boosted by Principal Financial Group Inc.

Principal Financial Group Inc. grew its holdings in Kohl’s Co. (NYSE:KSS) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 539,595 shares of the company’s stock after purchasing an additional 15,938 shares during the period. Principal Financial Group Inc. owned approximately 0.48% of Kohl’s worth $7,576,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Brown Brothers Harriman & Co. raised 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 valued at $30,000 after buying an additional 917 shares during the period. Farther Finance Advisors LLC grew its stake in 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 in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Kohl’s by 6.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 27,486 shares of the company’s stock worth $580,000 after purchasing an additional 1,548 shares in the last quarter. Impact Partnership Wealth LLC lifted its position in shares of Kohl’s by 12.1% in the fourth quarter. Impact Partnership Wealth LLC now owns 14,671 shares of the company’s stock worth $206,000 after purchasing an additional 1,583 shares in the last quarter. Finally, Colonial River Investments LLC boosted its holdings in shares of Kohl’s by 11.7% during the third quarter. Colonial River Investments LLC now owns 18,115 shares of the company’s stock worth $382,000 after purchasing an additional 1,898 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. 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 note on Monday, November 25th. Jefferies Financial Group lowered their target price on Kohl’s from $15.00 to $12.00 and set a “hold” rating on the stock in a research note on Tuesday, February 4th. Telsey Advisory Group dropped their target price on Kohl’s from $23.00 to $17.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 27th. Baird R W lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Finally, Guggenheim cut Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Three equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $16.70.

Kohl’s Stock Up 0.0 %

Shares of Kohl’s stock opened at $11.41 on Friday. The stock has a 50 day moving average price of $13.00 and a two-hundred day moving average price of $16.44. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. Kohl’s Co. has a 12-month low of $11.26 and a 12-month high of $29.60. The stock has a market capitalization of $1.27 billion, a P/E ratio of 5.14 and a beta of 1.85.

Insider Buying and Selling

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the firm’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the sale, the executive vice president now directly owns 133,091 shares of the company’s stock, valued at approximately $1,869,928.55. This trade represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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.