Kohl’s (NYSE:KSS) Price Target Lowered to $13.00 at Telsey Advisory Group

Kohl’s (NYSE:KSS) had its target price dropped by investment analysts at Telsey Advisory Group from $17.00 to $13.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Telsey Advisory Group’s target price suggests a potential upside of 14.49% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Gordon Haskett lowered shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price on the stock. in a report on Tuesday, November 26th. Morgan Stanley dropped their price objective on Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a research note on Monday, November 25th. Baird R W downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Robert W. Baird cut shares of Kohl’s from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $25.00 to $18.00 in a report on Wednesday, November 27th. Finally, Citigroup dropped their price objective on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Four investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $15.84.

Kohl’s Stock Up 0.2 %

Kohl’s stock opened at $11.36 on Wednesday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 5.11 and a beta of 1.85. Kohl’s has a 52-week low of $10.91 and a 52-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. The firm has a 50 day moving average price of $12.88 and a two-hundred day moving average price of $16.30.

Insider Buying and Selling at Kohl’s

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

Institutional Investors Weigh In On Kohl’s

Institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. lifted its stake in Kohl’s by 149.3% during the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after acquiring an additional 9,925,878 shares in the last quarter. FMR LLC lifted its position in shares of Kohl’s by 10.8% during the third quarter. FMR LLC now owns 7,576,274 shares of the company’s stock valued at $159,859,000 after purchasing an additional 740,398 shares in the last quarter. American Century Companies Inc. boosted its holdings in Kohl’s by 11.7% during the fourth quarter. American Century Companies Inc. now owns 4,134,298 shares of the company’s stock worth $58,046,000 after purchasing an additional 433,264 shares during the last quarter. Allianz Asset Management GmbH grew its position in Kohl’s by 3.3% in the 4th quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company’s stock worth $51,190,000 after purchasing an additional 117,819 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Kohl’s by 1.6% in the 4th quarter. Invesco Ltd. now owns 2,292,746 shares of the company’s stock valued at $32,190,000 after buying an additional 36,622 shares during the last quarter. Institutional investors 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.