Kohl’s (NYSE:KSS) Given “Market Perform” Rating at Telsey Advisory Group

Kohl’s (NYSE:KSS)‘s stock had its “market perform” rating reiterated by Telsey Advisory Group in a report issued on Tuesday,Benzinga reports. They currently have a $10.00 price target on the stock. Telsey Advisory Group’s target price would suggest a potential upside of 22.00% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Morgan Stanley decreased their price target 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. Guggenheim lowered Kohl’s from a “buy” rating to a “neutral” rating in a report on Monday, December 2nd. JPMorgan Chase & Co. cut their price target on Kohl’s from $11.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, March 11th. The Goldman Sachs Group lowered their price objective on shares of Kohl’s from $13.00 to $11.25 and set a “sell” rating on the stock in a research note on Tuesday, March 4th. Finally, Jefferies Financial Group cut their target price on shares of Kohl’s from $15.00 to $12.00 and set a “hold” rating for the company in a research note on Tuesday, February 4th. Six equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, Kohl’s has a consensus rating of “Hold” and a consensus price target of $11.87.

Kohl’s Price Performance

KSS opened at $8.20 on Tuesday. 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 $7.96 and a 1 year high of $29.60. The stock has a fifty day moving average price of $11.21 and a 200 day moving average price of $14.89. The stock has a market cap of $912.52 million, a price-to-earnings ratio of 3.69 and a beta of 1.92.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.72 by $0.23. The company had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.25 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. Kohl’s’s quarterly revenue was down 9.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.67 EPS. Analysts forecast that Kohl’s will post 1.3 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at approximately $1,869,928.55. This represents a 2.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.86% of the company’s stock.

Institutional Trading of Kohl’s

Several institutional investors have recently bought and sold shares of KSS. Vident Advisory LLC raised its stake in Kohl’s by 9.3% during the fourth quarter. Vident Advisory LLC now owns 11,421 shares of the company’s stock worth $160,000 after acquiring an additional 967 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in shares of Kohl’s by 1.7% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 59,124 shares of the company’s stock worth $830,000 after purchasing an additional 972 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Kohl’s by 7.6% during the 4th quarter. Russell Investments Group Ltd. now owns 17,526 shares of the company’s stock worth $246,000 after purchasing an additional 1,232 shares in the last quarter. Platinum Investment Management Ltd. lifted its holdings in Kohl’s by 30.7% during the 4th quarter. Platinum Investment Management Ltd. now owns 6,108 shares of the company’s stock valued at $86,000 after purchasing an additional 1,436 shares during the last quarter. Finally, Illinois Municipal Retirement Fund boosted its position in Kohl’s by 2.6% in the fourth quarter. Illinois Municipal Retirement Fund now owns 59,987 shares of the company’s stock valued at $842,000 after buying an additional 1,522 shares in the last quarter. Institutional investors and hedge funds own 98.04% 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.