Impact Partnership Wealth LLC Purchases 4,177 Shares of Kohl’s Co. (NYSE:KSS)

Impact Partnership Wealth LLC increased its position in shares of Kohl’s Co. (NYSE:KSS) by 46.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,088 shares of the company’s stock after buying an additional 4,177 shares during the period. Impact Partnership Wealth LLC’s holdings in Kohl’s were worth $276,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of KSS. Squarepoint Ops LLC boosted its holdings in shares of Kohl’s by 6,076.8% during the 2nd quarter. Squarepoint Ops LLC now owns 1,834,509 shares of the company’s stock worth $42,175,000 after buying an additional 1,804,809 shares during the period. Vanguard Group Inc. boosted its holdings in Kohl’s by 16.4% in the 4th quarter. Vanguard Group Inc. now owns 12,591,595 shares of the company’s stock valued at $361,127,000 after purchasing an additional 1,775,024 shares during the period. AQR Capital Management LLC boosted its holdings in Kohl’s by 348.0% in the 2nd quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company’s stock valued at $50,118,000 after purchasing an additional 1,694,162 shares during the period. SG Americas Securities LLC boosted its holdings in Kohl’s by 518.9% in the 2nd quarter. SG Americas Securities LLC now owns 855,089 shares of the company’s stock valued at $19,658,000 after purchasing an additional 716,919 shares during the period. Finally, American Century Companies Inc. boosted its holdings in Kohl’s by 26.3% in the 2nd quarter. American Century Companies Inc. now owns 3,093,773 shares of the company’s stock valued at $71,126,000 after purchasing an additional 643,913 shares during the period. 98.04% of the stock is owned by institutional investors.

Kohl’s Trading Down 1.6 %

Shares of Kohl’s stock opened at $19.08 on Friday. The stock has a market capitalization of $2.12 billion, a P/E ratio of 7.69, a price-to-earnings-growth ratio of 1.31 and a beta of 1.93. The company has a quick ratio of 0.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.98. The company has a 50-day simple moving average of $19.68 and a 200 day simple moving average of $21.76. Kohl’s Co. has a 12-month low of $17.89 and a 12-month high of $29.60.

Kohl’s (NYSE:KSS) last announced its earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.13. The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Kohl’s had a net margin of 1.66% and a return on equity of 7.43%. The firm’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter last year, the company posted $0.52 EPS. Research analysts expect that Kohl’s Co. will post 1.8 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 10.48%. The ex-dividend date was Wednesday, September 11th. Kohl’s’s payout ratio is presently 80.65%.

Analyst Upgrades and Downgrades

KSS has been the subject of a number of research reports. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 price target on shares of Kohl’s in a report on Wednesday, August 28th. Morgan Stanley downgraded shares of Kohl’s to an “underweight” rating and reduced their price target for the company from $18.00 to $17.00 in a report on Tuesday, August 27th. Evercore ISI reduced their price objective on shares of Kohl’s from $22.00 to $20.00 and set an “in-line” rating for the company in a report on Thursday, August 29th. JPMorgan Chase & Co. downgraded shares of Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 price objective for the company. in a report on Thursday, August 29th. Finally, TD Cowen downgraded shares of Kohl’s from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $25.00 to $21.00 in a report on Friday, August 30th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Kohl’s currently has a consensus rating of “Hold” and an average price target of $21.29.

Insider Buying and Selling at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 16,367 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total value of $315,392.09. Following the completion of the sale, the executive vice president now owns 136,799 shares in the company, valued at approximately $2,636,116.73. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate 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.