Frederick DiSanto’s Ancora Advisors Is Investing In These 5 Stocks

1. Kohl’s Corporation (NYSE:KSS)

Ancora Advisors’ Stake Value: $192.5 million
Percentage of Ancora Advisors’ 13F Portfolio: 5.03%
Number of Hedge Fund Holders: 40

Kohl’s Corporation (NYSE:KSS) is a Wisconsin-based operator of family-oriented department stores that sell apparel, footwear and accessories.

At the end of the second quarter of 2021, 40 hedge funds in the database of Insider Monkey held stakes worth $1.3 billion in Kohl’s Corporation (NYSE:KSS), up from 35 in the previous quarter worth $1.4 billion. Frederick DiSanto’s Ancora Advisors reported owning more than 3.49 million shares of Kohl’s Corporation (NYSE:KSS), amounting to approximately $192.5 million and representing 5.03% of the investment firm’s portfolio value.

Out of the hedge funds tracked by Insider Monkey, Boston-based investment firm Arrowstreet Capital is among the leading shareholders in Kohl’s Corporation (NYSE:KSS), with over 3.4 million shares worth more than $188.4 million.

Baird analyst Mark Altschwager recently raised the price target on the stock to $70 from $68 and kept an Outperform rating on Kohl’s Corporation (NYSE:KSS), underlining that the firm had made positive changes to its operating model.

You can also take a peek at 10 Cheap Dividend Kings with Over 2% Yield and 12 Best Semiconductor Stocks To Invest In Right Now.

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