Kohl’s (NYSE:KSS) Price Target Lowered to $11.25 at The Goldman Sachs Group

Kohl’s (NYSE:KSS) had its price objective reduced by The Goldman Sachs Group from $13.00 to $11.25 in a research note released on Tuesday,Benzinga reports. The Goldman Sachs Group currently has a sell rating on the stock.

Several other equities analysts have also recently weighed in on the company. Telsey Advisory Group dropped their price objective on Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a report on Wednesday, November 27th. Baird R W cut Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Morgan Stanley dropped their price objective on Kohl’s from $17.00 to $15.00 and set an “underweight” rating for the company in a report on Monday, November 25th. TD Cowen dropped their price objective on Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a report on Wednesday, November 27th. Finally, Citigroup dropped their price objective on Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, November 27th. Four analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $16.20.

Kohl’s Stock Performance

NYSE:KSS opened at $11.36 on Tuesday. The stock has a market cap of $1.26 billion, a P/E ratio of 5.11 and a beta of 1.85. The stock has a 50 day simple moving average of $12.88 and a 200 day simple moving average of $16.30. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. Kohl’s has a 1-year low of $10.91 and a 1-year high of $29.60.

Insider Transactions at Kohl’s

In related 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 owns 133,091 shares in the company, valued at $1,869,928.55. The trade was a 2.80 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.86% of the stock is owned by insiders.

Institutional Investors Weigh In On Kohl’s

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Kohl’s during the 4th quarter worth $2,978,000. CTC Alternative Strategies Ltd. bought a new stake in Kohl’s during the 4th quarter worth $168,000. CSS LLC IL bought a new stake in Kohl’s during the 4th quarter worth $163,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Kohl’s by 13.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 428,939 shares of the company’s stock worth $6,022,000 after acquiring an additional 50,671 shares during the last quarter. Finally, Vident Advisory LLC grew its position in Kohl’s by 9.3% during the 4th quarter. Vident Advisory LLC now owns 11,421 shares of the company’s stock worth $160,000 after acquiring an additional 967 shares during the last quarter. Institutional investors own 98.04% of the company’s stock.

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.