Kohl's Co. (NYSE:KSS) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG increased its position in Kohl's Co. (NYSE:KSS - Free Report) by 170.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 278,946 shares of the company's stock after acquiring an additional 175,865 shares during the period. Deutsche Bank AG owned approximately 0.25% of Kohl's worth $3,916,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank acquired a new stake in shares of Kohl's in the 4th quarter worth approximately $8,185,000. Dana Investment Advisors Inc. grew its holdings in Kohl's by 56.7% during the 4th quarter. Dana Investment Advisors Inc. now owns 253,151 shares of the company's stock valued at $3,554,000 after buying an additional 91,590 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Kohl's by 155.1% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 943,415 shares of the company's stock valued at $13,246,000 after buying an additional 573,579 shares during the last quarter. Hussman Strategic Advisors Inc. grew its holdings in Kohl's by 66.7% during the 4th quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company's stock valued at $1,474,000 after buying an additional 42,000 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Kohl's by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,771,546 shares of the company's stock valued at $24,873,000 after buying an additional 55,540 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company's stock.

Analyst Ratings Changes

KSS has been the topic of a number of analyst reports. Barclays initiated coverage on Kohl's in a report on Monday, April 28th. They set an "underweight" rating and a $4.00 target price on the stock. Telsey Advisory Group reiterated a "market perform" rating and set a $9.00 target price on shares of Kohl's in a report on Thursday. Evercore ISI lowered their target price on Kohl's from $9.00 to $8.00 and set an "in-line" rating on the stock in a report on Friday, May 2nd. Jefferies Financial Group lowered their target price on Kohl's from $15.00 to $12.00 and set a "hold" rating on the stock in a report on Tuesday, February 4th. Finally, Citigroup reduced their price target on Kohl's from $11.00 to $8.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. Seven research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $9.61.

Kohl's Trading Up 3.8%

Shares of KSS traded up $0.30 during trading hours on Thursday, hitting $8.11. The stock had a trading volume of 6,487,116 shares, compared to its average volume of 8,784,218. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The firm has a market cap of $902.84 million, a P/E ratio of 3.65 and a beta of 1.61. The company's fifty day simple moving average is $7.49 and its 200 day simple moving average is $11.68. Kohl's Co. has a 12-month low of $6.04 and a 12-month high of $27.59.

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

Kohl's Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th will be issued a $0.125 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $0.50 annualized dividend and a yield of 6.17%. Kohl's's dividend payout ratio is currently 51.02%.

Kohl's Company Profile

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.