Axa S.A. Has $2.80 Million Stake in Kohl's Co. (NYSE:KSS)

Axa S.A. grew its holdings in Kohl's Co. (NYSE:KSS - Free Report) by 263.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 199,565 shares of the company's stock after purchasing an additional 144,671 shares during the quarter. Axa S.A. owned about 0.18% of Kohl's worth $2,802,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in KSS. Whitebox Advisors LLC increased its position in Kohl's by 96.5% in the 4th quarter. Whitebox Advisors LLC now owns 123,320 shares of the company's stock worth $1,731,000 after buying an additional 60,550 shares during the period. Northern Trust Corp raised its stake in Kohl's by 14.7% during the 4th quarter. Northern Trust Corp now owns 890,188 shares of the company's stock valued at $12,498,000 after purchasing an additional 113,875 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in Kohl's in the 4th quarter valued at $4,139,000. Two Sigma Securities LLC grew its position in Kohl's by 529.7% in the 4th quarter. Two Sigma Securities LLC now owns 19,521 shares of the company's stock worth $274,000 after purchasing an additional 16,421 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Kohl's by 8.4% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 144,456 shares of the company's stock worth $1,999,000 after purchasing an additional 11,220 shares during the period. 98.04% of the stock is currently owned by institutional investors.

Kohl's Stock Down 0.1 %

Shares of NYSE:KSS opened at $6.52 on Thursday. Kohl's Co. has a 12 month low of $6.04 and a 12 month high of $28.25. The firm has a market cap of $725.28 million, a P/E ratio of 2.93 and a beta of 1.61. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. The company's 50-day moving average price is $7.99 and its two-hundred day moving average price is $12.46.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.23. The firm had revenue of $5.18 billion during the quarter, compared to analysts' expectations of $5.25 billion. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. Kohl's's revenue was down 9.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.67 EPS. As a group, research analysts forecast that Kohl's Co. will post 1.3 EPS for the current fiscal year.

Kohl's Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 21st were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.50 dividend on an annualized basis and a yield of 7.67%. Kohl's's payout ratio is 51.02%.

Analyst Ratings Changes

KSS has been the topic of several research reports. Barclays started coverage on Kohl's in a research note on Monday, April 28th. They set an "underweight" rating and a $4.00 price target on the stock. Morgan Stanley lowered their price target on shares of Kohl's from $10.00 to $8.00 and set an "underweight" rating on the stock in a report on Wednesday, March 12th. Robert W. Baird reduced their price objective on shares of Kohl's from $9.00 to $8.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. Evercore ISI lowered their target price on shares of Kohl's from $9.00 to $8.00 and set an "in-line" rating on the stock in a research note on Friday, May 2nd. Finally, Bank of America decreased their price objective on Kohl's from $15.00 to $8.00 and set an "underperform" rating on the stock in a report on Wednesday, March 12th. Seven equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $9.54.

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.

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