Nisa Investment Advisors LLC Has $55,000 Stake in Kohl’s Corporation $KSS

Nisa Investment Advisors LLC lowered its holdings in Kohl’s Corporation (NYSE:KSS) by 88.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,584 shares of the company’s stock after selling 27,456 shares during the period. Nisa Investment Advisors LLC’s holdings in Kohl’s were worth $55,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in KSS. Harbor Capital Advisors Inc. acquired a new stake in shares of Kohl’s in the third quarter valued at approximately $28,000. Caldwell Trust Co bought a new position in Kohl’s during the 3rd quarter worth $33,000. Future Financial Wealth Managment LLC increased its stake in Kohl’s by 400.0% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock worth $38,000 after acquiring an additional 2,000 shares during the period. Blue Trust Inc. raised its holdings in Kohl’s by 73.1% in the 2nd quarter. Blue Trust Inc. now owns 6,591 shares of the company’s stock valued at $56,000 after acquiring an additional 2,784 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of Kohl’s during the 2nd quarter valued at $85,000. 98.04% of the stock is owned by institutional investors.

Kohl’s Trading Down 3.5%

KSS opened at $18.59 on Tuesday. The company has a market cap of $2.09 billion, a P/E ratio of 10.81 and a beta of 1.42. The company has a current ratio of 1.30, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99. The company’s 50 day moving average is $20.80 and its 200-day moving average is $16.61. Kohl’s Corporation has a 1-year low of $6.04 and a 1-year high of $25.22.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of ($0.19) by $0.29. The business had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.37 billion. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The firm’s revenue was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.20 EPS. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Equities research analysts predict that Kohl’s Corporation will post 1.3 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Wednesday, December 10th. Kohl’s’s dividend payout ratio (DPR) is 29.07%.

Insider Buying and Selling

In related news, CFO Jill Timm sold 10,000 shares of Kohl’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the sale, the chief financial officer directly owned 325,561 shares in the company, valued at $7,813,464. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on KSS. Telsey Advisory Group restated a “market perform” rating and issued a $23.00 price target (up previously from $16.00) on shares of Kohl’s in a research report on Tuesday, November 25th. Evercore ISI increased their price objective on shares of Kohl’s from $13.00 to $21.00 and gave the stock an “in-line” rating in a research note on Tuesday, November 25th. Cowen restated a “hold” rating on shares of Kohl’s in a research report on Wednesday, November 26th. Jefferies Financial Group started coverage on shares of Kohl’s in a report on Wednesday, January 14th. They set a “hold” rating and a $22.00 price target for the company. Finally, Zacks Research raised shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have given a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $15.55.

About Kohl’s

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.