Impact Partnership Wealth LLC Has $206,000 Position in Kohl’s Co. (NYSE:KSS)

Impact Partnership Wealth LLC grew its stake in Kohl’s Co. (NYSE:KSS) by 12.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,671 shares of the company’s stock after purchasing an additional 1,583 shares during the period. Impact Partnership Wealth LLC’s holdings in Kohl’s were worth $206,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. boosted its position in Kohl’s by 149.3% during the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock worth $349,671,000 after buying an additional 9,925,878 shares during the period. FMR LLC boosted its position in Kohl’s by 10.8% during the 3rd 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 during the period. AQR Capital Management LLC boosted its position in Kohl’s by 348.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company’s stock worth $50,118,000 after buying an additional 1,694,162 shares during the period. Geode Capital Management LLC boosted its position in Kohl’s by 5.3% during the 3rd 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 during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Kohl’s by 6.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,716,006 shares of the company’s stock worth $36,208,000 after buying an additional 101,480 shares during the period. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the business’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $14.05, for a total transaction of $53,769.35. Following the completion of the sale, the executive vice president now owns 133,091 shares in the company, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.86% of the stock is currently owned by company insiders.

Kohl’s Stock Performance

NYSE:KSS opened at $13.62 on Friday. The company has a fifty day moving average of $14.51 and a 200-day moving average of $17.97. The firm has a market capitalization of $1.52 billion, a P/E ratio of 6.14 and a beta of 1.87. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. Kohl’s Co. has a twelve month low of $12.62 and a twelve month high of $29.60.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The business had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.64 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The business’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.53 EPS. As a group, sell-side analysts anticipate that Kohl’s Co. will post 1.31 EPS for the current year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a yield of 14.68%. Kohl’s’s dividend payout ratio (DPR) is presently 90.09%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. 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. TD Cowen dropped their price target on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a research report on Wednesday, November 27th. Gordon Haskett downgraded shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price target on the stock. in a research report on Tuesday, November 26th. Telsey Advisory Group dropped their price target on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 27th. Finally, Guggenheim downgraded shares of Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. Three equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Based on data from MarketBeat.com, Kohl’s presently has a consensus rating of “Hold” and an average price target of $17.22.

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.