Catalyst Capital Advisors LLC cut its holdings in Kohl’s Co. (NYSE:KSS) by 24.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 210,000 shares of the company’s stock after selling 68,000 shares during the period. Kohl’s makes up about 0.5% of Catalyst Capital Advisors LLC’s portfolio, making the stock its 29th biggest holding. Catalyst Capital Advisors LLC’s holdings in Kohl’s were worth $13,931,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. First Hawaiian Bank bought a new stake in Kohl’s in the 3rd quarter valued at about $554,000. Aperio Group LLC increased its position in Kohl’s by 11.0% in the 3rd quarter. Aperio Group LLC now owns 146,043 shares of the company’s stock valued at $10,888,000 after buying an additional 14,502 shares in the last quarter. Seven Eight Capital LP bought a new stake in Kohl’s in the 3rd quarter valued at about $208,000. IFM Investors Pty Ltd increased its position in Kohl’s by 9.7% in the 3rd quarter. IFM Investors Pty Ltd now owns 9,702 shares of the company’s stock valued at $723,000 after buying an additional 855 shares in the last quarter. Finally, Calamos Advisors LLC bought a new stake in Kohl’s in the 3rd quarter valued at about $649,000.
Kohl’s stock opened at $66.24 on Wednesday. Kohl’s Co. has a 12 month low of $57.89 and a 12 month high of $83.28. The company has a current ratio of 1.58, a quick ratio of 0.37 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $10.89 billion, a P/E ratio of 12.56, a PEG ratio of 1.74 and a beta of 0.83.
A number of brokerages have commented on KSS. Telsey Advisory Group reissued an “outperform” rating and set a $80.00 price objective (down from $90.00) on shares of Kohl’s in a report on Friday, January 11th. ValuEngine raised Kohl’s from a “sell” rating to a “hold” rating in a report on Tuesday, December 18th. Zacks Investment Research lowered Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, November 22nd. Cowen reissued a “buy” rating and set a $82.00 price objective on shares of Kohl’s in a report on Wednesday, November 21st. Finally, Citigroup decreased their price objective on Kohl’s from $79.00 to $71.00 and set a “neutral” rating for the company in a report on Wednesday, November 21st. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $75.53.
COPYRIGHT VIOLATION NOTICE: “Catalyst Capital Advisors LLC Trims Stake in Kohl’s Co. (KSS)” was first posted by Ticker Report and is owned by of Ticker Report. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.tickerreport.com/banking-finance/4165614/catalyst-capital-advisors-llc-trims-stake-in-kohls-co-kss.html.
Kohl’s Company Profile
Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
See Also: Return on Investment (ROI)
Want to see what other hedge funds are holding KSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kohl’s Co. (NYSE:KSS).
Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter.