Kohl’s Co. (NYSE:KSS) Shares Sold by Investors Research Corp

Investors Research Corp reduced its holdings in Kohl’s Co. (NYSE:KSS) by 6.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 18,625 shares of the company’s stock after selling 1,192 shares during the quarter. Investors Research Corp’s holdings in Kohl’s were worth $261,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. increased its stake in Kohl’s by 149.3% in the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after purchasing an additional 9,925,878 shares in the last quarter. FMR LLC increased its position in Kohl’s by 10.8% during the third quarter. FMR LLC now owns 7,576,274 shares of the company’s stock worth $159,859,000 after buying an additional 740,398 shares in the last quarter. Allianz Asset Management GmbH increased its position in Kohl’s by 3.3% during the fourth quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company’s stock worth $51,190,000 after buying an additional 117,819 shares in the last quarter. Geode Capital Management LLC increased its position in Kohl’s by 5.3% during the third quarter. Geode Capital Management LLC now owns 1,826,101 shares of the company’s stock worth $38,541,000 after buying an additional 91,608 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Kohl’s by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,771,546 shares of the company’s stock worth $24,873,000 after buying an additional 55,540 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on KSS shares. Baird R W downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Morgan Stanley lowered their price objective on Kohl’s from $17.00 to $15.00 and set an “underweight” rating for the company in a research report on Monday, November 25th. The Goldman Sachs Group lowered their price objective on Kohl’s from $13.00 to $11.25 and set a “sell” rating for the company in a research report on Tuesday, March 4th. Telsey Advisory Group lowered their price objective on Kohl’s from $17.00 to $13.00 and set a “market perform” rating for the company in a research report on Wednesday, March 5th. Finally, Citigroup lowered their price objective on Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research report on Wednesday, November 27th. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $15.84.

Insiders Place Their Bets

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the business’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $14.05, for a total transaction of $53,769.35. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.86% of the stock is currently owned by insiders.

Kohl’s Trading Down 1.1 %

Shares of KSS opened at $12.08 on Tuesday. The stock’s 50-day moving average is $12.67 and its two-hundred day moving average is $16.08. The stock has a market cap of $1.34 billion, a PE ratio of 5.44 and a beta of 1.92. Kohl’s Co. has a 12 month low of $10.91 and a 12 month high of $29.60. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12.

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.