GAMMA Investing LLC Has $432,000 Stock Holdings in Kohl's Corporation (NYSE:KSS)

GAMMA Investing LLC raised its stake in Kohl's Corporation (NYSE:KSS - Free Report) by 3,664.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 52,810 shares of the company's stock after buying an additional 51,407 shares during the quarter. GAMMA Investing LLC's holdings in Kohl's were worth $432,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Vident Advisory LLC increased its stake in Kohl's by 9.3% in the 4th quarter. Vident Advisory LLC now owns 11,421 shares of the company's stock valued at $160,000 after buying an additional 967 shares during the period. Grantham Mayo Van Otterloo & Co. LLC increased its stake in Kohl's by 1.7% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 59,124 shares of the company's stock valued at $830,000 after buying an additional 972 shares during the period. Russell Investments Group Ltd. increased its stake in Kohl's by 7.6% in the 4th quarter. Russell Investments Group Ltd. now owns 17,526 shares of the company's stock valued at $246,000 after buying an additional 1,232 shares during the period. Platinum Investment Management Ltd. increased its stake in Kohl's by 30.7% in the 4th quarter. Platinum Investment Management Ltd. now owns 6,108 shares of the company's stock valued at $86,000 after buying an additional 1,436 shares during the period. Finally, Illinois Municipal Retirement Fund increased its stake in Kohl's by 2.6% in the 4th quarter. Illinois Municipal Retirement Fund now owns 59,987 shares of the company's stock valued at $842,000 after buying an additional 1,522 shares during the period. Institutional investors and hedge funds own 98.04% of the company's stock.

Kohl's Stock Performance

NYSE:KSS opened at $8.36 on Friday. Kohl's Corporation has a 1 year low of $6.04 and a 1 year high of $24.83. The firm's fifty day simple moving average is $7.65 and its 200 day simple moving average is $10.41. The company has a current ratio of 1.09, a quick ratio of 0.14 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $936.09 million, a PE ratio of 7.67 and a beta of 1.66.

Kohl's (NYSE:KSS - Get Free Report) last posted its earnings results on Thursday, May 29th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.22) by $0.09. Kohl's had a net margin of 0.75% and a return on equity of 4.71%. The business had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period last year, the business posted ($0.24) EPS. Kohl's's revenue was down 4.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Kohl's Corporation will post 1.3 EPS for the current year.

Kohl's Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th will be paid a $0.125 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $0.50 dividend on an annualized basis and a yield of 5.98%. Kohl's's payout ratio is presently 45.87%.

Wall Street Analysts Forecast Growth

KSS has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective on shares of Kohl's from $7.00 to $8.00 and gave the company an "underweight" rating in a research note on Monday, May 19th. Bank of America dropped their price target on shares of Kohl's from $15.00 to $8.00 and set an "underperform" rating on the stock in a research note on Wednesday, March 12th. Citigroup dropped their price target on shares of Kohl's from $11.00 to $8.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. Barclays increased their price target on shares of Kohl's from $4.00 to $5.00 and gave the stock an "underweight" rating in a research note on Friday, May 30th. Finally, Telsey Advisory Group restated a "market perform" rating and set a $9.00 price target on shares of Kohl's in a research note on Thursday, May 29th. Seven investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $9.75.

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.

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