Tyler Stone Wealth Management Takes $195,000 Position in Kohl’s Co. (NYSE:KSS)

Tyler Stone Wealth Management purchased a new position in Kohl’s Co. (NYSE:KSS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 13,900 shares of the company’s stock, valued at approximately $195,000.

Other large investors also recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Kohl’s by 9.8% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 617,217 shares of the company’s stock valued at $8,666,000 after purchasing an additional 55,125 shares in the last quarter. LPL Financial LLC increased its position in Kohl’s by 45.9% during the 4th quarter. LPL Financial LLC now owns 65,235 shares of the company’s stock valued at $916,000 after buying an additional 20,537 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in Kohl’s during the fourth quarter valued at $907,000. KLP Kapitalforvaltning AS purchased a new position in Kohl’s during the fourth quarter valued at $327,000. Finally, American Century Companies Inc. boosted its holdings in Kohl’s by 11.7% in the fourth quarter. American Century Companies Inc. now owns 4,134,298 shares of the company’s stock worth $58,046,000 after acquiring an additional 433,264 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on KSS shares. Jefferies Financial Group lowered their price target on Kohl’s from $15.00 to $12.00 and set a “hold” rating for the company in a research report on Tuesday, February 4th. TD Cowen decreased their target price on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a report on Wednesday, November 27th. Baird R W cut shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Morgan Stanley decreased their price objective on shares of Kohl’s from $10.00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, March 12th. Finally, JPMorgan Chase & Co. cut their target price on Kohl’s from $11.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 11th. Six 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 currently has a consensus rating of “Hold” and an average price target of $12.10.

Kohl’s Stock Down 2.3 %

KSS stock opened at $8.94 on Thursday. The business’s 50-day moving average is $11.48 and its two-hundred day moving average is $15.16. The company has a market cap of $995.63 million, a price-to-earnings ratio of 4.03 and a beta of 1.92. Kohl’s Co. has a fifty-two week low of $7.96 and a fifty-two week high of $29.60. 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 (NYSE:KSS) last issued its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.23. The firm had revenue of $5.18 billion for the quarter, compared to analysts’ expectations of $5.25 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The business’s quarterly revenue was down 9.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.67 EPS. As a group, analysts forecast that Kohl’s Co. will post 1.3 earnings per share for the current year.

Kohl’s Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 21st will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.50 annualized dividend and a dividend yield of 5.59%. Kohl’s’s dividend payout ratio (DPR) is 51.02%.

Insider Buying and Selling

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’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 completion of the sale, the executive vice president now owns 133,091 shares in the company, valued at $1,869,928.55. This represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.86% of the stock is owned by insiders.

Kohl’s 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.