New York State Common Retirement Fund Buys 3,186 Shares of Kohl’s Co. (NYSE:KSS)

New York State Common Retirement Fund grew its position in Kohl’s Co. (NYSE:KSS) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,126 shares of the company’s stock after purchasing an additional 3,186 shares during the quarter. New York State Common Retirement Fund’s holdings in Kohl’s were worth $690,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of KSS. Brown Brothers Harriman & Co. grew its stake in Kohl’s by 183.8% in the 3rd 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 last quarter. Bogart Wealth LLC bought a new stake in Kohl’s during the fourth quarter valued at about $35,000. Farther Finance Advisors LLC grew its position in shares of Kohl’s by 117.5% in the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after purchasing an additional 1,034 shares during the last quarter. Quest Partners LLC bought a new position in shares of Kohl’s in the third quarter worth about $60,000. Finally, KBC Group NV lifted its position in shares of Kohl’s by 58.5% during the 4th quarter. KBC Group NV now owns 5,347 shares of the company’s stock worth $75,000 after purchasing an additional 1,974 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Trading Down 0.6 %

KSS stock opened at $11.34 on Tuesday. Kohl’s Co. has a 1-year low of $11.24 and a 1-year high of $29.60. 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’s 50 day moving average is $12.95 and its 200-day moving average is $16.36. The firm has a market cap of $1.26 billion, a P/E ratio of 5.11 and a beta of 1.85.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KSS. TD Cowen lowered their target price on Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a report on Wednesday, November 27th. Telsey Advisory Group reduced their price objective on Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, November 27th. Jefferies Financial Group dropped their target price on shares of Kohl’s from $15.00 to $12.00 and set a “hold” rating on the stock in a research report on Tuesday, February 4th. Citigroup reduced their price target on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, November 27th. Finally, Baird R W lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Three equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. Based on data from MarketBeat.com, Kohl’s presently has a consensus rating of “Hold” and an average target price of $16.70.

Insider Activity at Kohl’s

In other 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 transaction of $53,769.35. Following the completion of the sale, the executive vice president now 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.86% of the stock is owned by insiders.

About Kohl’s

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.