Kohl’s Co. (NYSE:KSS) Shares Purchased by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust boosted its position in Kohl’s Co. (NYSE:KSS) by 64.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,803 shares of the company’s stock after acquiring an additional 7,000 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Kohl’s were worth $250,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in KSS. Brown Brothers Harriman & Co. raised its holdings in Kohl’s by 183.8% in the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock valued at $30,000 after acquiring an additional 917 shares in the last quarter. Bogart Wealth LLC acquired a new stake in Kohl’s during the fourth quarter worth approximately $35,000. Farther Finance Advisors LLC raised its holdings in Kohl’s by 117.5% during the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock worth $40,000 after purchasing an additional 1,034 shares in the last quarter. Quest Partners LLC acquired a new stake in Kohl’s during the third quarter worth approximately $60,000. Finally, KBC Group NV raised its holdings in Kohl’s by 58.5% during the fourth quarter. KBC Group NV now owns 5,347 shares of the company’s stock worth $75,000 after purchasing an additional 1,974 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Stock Performance

Shares of KSS opened at $11.41 on Friday. The company’s 50 day simple moving average is $13.00 and its 200-day simple moving average is $16.44. Kohl’s Co. has a 12-month low of $11.26 and a 12-month high of $29.60. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. The firm has a market cap of $1.27 billion, a PE ratio of 5.14 and a beta of 1.85.

Analysts Set New Price Targets

A number of research firms have weighed in on KSS. Citigroup cut 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. Jefferies Financial Group cut their price objective on shares of Kohl’s from $15.00 to $12.00 and set a “hold” rating on the stock in a report on Tuesday, February 4th. Robert W. Baird cut shares of Kohl’s from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $25.00 to $18.00 in a report on Wednesday, November 27th. Gordon Haskett cut shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price objective on the stock. in a report on Tuesday, November 26th. Finally, Telsey Advisory Group lowered their target price 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. Three equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. Based on data from MarketBeat, Kohl’s currently has a consensus rating of “Hold” and a consensus target price of $16.70.

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 value of $53,769.35. Following the transaction, the executive vice president now directly owns 133,091 shares of the company’s stock, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.86% of the stock is currently owned by corporate 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.