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

Impact Partnership Wealth LLC increased its holdings in shares of Kohl’s Co. (NYSE:KSS) by 12.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,671 shares of the company’s stock after purchasing an additional 1,583 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Kohl’s were worth $206,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. boosted its holdings in Kohl’s by 183.8% during the third 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 last quarter. Farther Finance Advisors LLC lifted its stake in Kohl’s by 117.5% in the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after acquiring an additional 1,034 shares during the last quarter. Quest Partners LLC acquired a new stake in Kohl’s in the third quarter valued at $60,000. Abich Financial Wealth Management LLC lifted its stake in Kohl’s by 70.5% in the third quarter. Abich Financial Wealth Management LLC now owns 3,669 shares of the company’s stock valued at $77,000 after acquiring an additional 1,517 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in Kohl’s by 14.1% in the third quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock valued at $84,000 after acquiring an additional 491 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Price Performance

NYSE:KSS opened at $13.62 on Friday. Kohl’s Co. has a 52 week low of $12.62 and a 52 week high of $29.60. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 6.14 and a beta of 1.87. The firm’s 50-day simple moving average is $14.51 and its 200 day simple moving average is $17.97. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05.

Kohl’s (NYSE:KSS) last released 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). Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The business had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the business posted $0.53 earnings per share. Kohl’s’s revenue was down 8.5% compared to the same quarter last year. As a group, sell-side analysts predict that Kohl’s Co. will post 1.31 earnings per share for the current year.

Kohl’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 14.68%. The ex-dividend date of this dividend was Wednesday, December 11th. Kohl’s’s dividend payout ratio is currently 90.09%.

Insider Buying and Selling at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the firm’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 of the company’s stock, valued at $1,869,928.55. This trade represents a 2.80 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on KSS shares. Robert W. Baird cut shares of Kohl’s from an “outperform” rating to a “neutral” rating and cut their price target for the company from $25.00 to $18.00 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. Gordon Haskett cut shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price target for the company. in a research note on Tuesday, November 26th. Guggenheim cut shares of Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Finally, Citigroup cut their target price on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Wednesday, November 27th. Three analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price 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.