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

Parkside Financial Bank & Trust lifted its stake in shares of Kohl’s Co. (NYSE:KSS) by 64.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,803 shares of the company’s stock after purchasing 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.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brown Brothers Harriman & Co. grew its stake in shares of Kohl’s by 183.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after purchasing an additional 917 shares during the period. Bogart Wealth LLC acquired a new position in shares of Kohl’s during the 4th quarter worth $35,000. Farther Finance Advisors LLC grew its stake in shares of Kohl’s by 117.5% during the 3rd 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 during the period. Quest Partners LLC acquired a new position in shares of Kohl’s during the 3rd quarter worth $60,000. Finally, KBC Group NV grew its stake in shares of Kohl’s by 58.5% during the 4th quarter. KBC Group NV now owns 5,347 shares of the company’s stock worth $75,000 after purchasing an additional 1,974 shares during the period. 98.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on KSS. Telsey Advisory Group lowered 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 note on Wednesday, November 27th. Guggenheim cut shares of Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Citigroup lowered their price objective on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 27th. Baird R W cut shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, 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 research note on Tuesday, November 26th. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat, Kohl’s currently has an average rating of “Hold” and an average price target 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 company’s stock in a transaction dated 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 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 Securities & Exchange Commission, which is accessible through this link. 0.86% of the stock is owned by insiders.

Kohl’s Price Performance

NYSE:KSS opened at $11.41 on Friday. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 5.14 and a beta of 1.85. 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 company’s 50-day moving average is $13.00 and its two-hundred day moving average is $16.44. Kohl’s Co. has a 12-month low of $11.26 and a 12-month high of $29.60.

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.