Meeder Asset Management Inc. lifted its position in Kohl's Co. (NYSE:KSS) by 17.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,860 shares of the company’s stock after acquiring an additional 3,898 shares during the period. Meeder Asset Management Inc.’s holdings in Kohl's were worth $1,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently modified their holdings of KSS. Nationwide Fund Advisors grew its stake in Kohl's by 38.1% during the 2nd quarter. Nationwide Fund Advisors now owns 69,451 shares of the company’s stock worth $2,686,000 after purchasing an additional 19,155 shares in the last quarter. Profund Advisors LLC acquired a new stake in shares of Kohl's in the 2nd quarter valued at about $221,000. Thrivent Financial For Lutherans boosted its position in shares of Kohl's by 3.7% in the 2nd quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock valued at $265,000 after purchasing an additional 245 shares during the period. Mutual of America Capital Management LLC raised its stake in Kohl's by 12.2% during the 2nd quarter. Mutual of America Capital Management LLC now owns 20,653 shares of the company’s stock valued at $799,000 after acquiring an additional 2,238 shares during the last quarter. Finally, OxFORD Asset Management LLP purchased a new stake in Kohl's during the 2nd quarter valued at approximately $903,000.
A number of equities research analysts recently weighed in on the company. Gordon Haskett upgraded Kohl's from a “hold” rating to an “accumulate” rating in a report on Thursday, November 9th. ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Citigroup increased their target price on Kohl's from $65.00 to $69.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. Guggenheim reaffirmed a “buy” rating and issued a $60.00 target price on shares of Kohl's in a research report on Wednesday, January 10th. Finally, Zacks Investment Research raised Kohl's from a “hold” rating to a “buy” rating and set a $64.00 price objective on the stock in a research report on Tuesday, January 9th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $56.91.
Kohl's Co. (NYSE:KSS) traded up $1.79 during midday trading on Wednesday, reaching $64.69. 1,628,771 shares of the company’s stock traded hands, compared to its average volume of 4,185,198. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. Kohl's Co. has a 12-month low of $35.16 and a 12-month high of $69.14. The stock has a market cap of $10,730.00, a PE ratio of 16.94, a price-to-earnings-growth ratio of 1.96 and a beta of 1.35.
In related news, Director Stephanie A. Streeter sold 4,173 shares of the company’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total value of $224,716.05. Following the completion of the sale, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.20% of the company’s stock.
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Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.
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