Kohl's Corporation (NYSE:KSS) Shares Purchased by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. boosted its position in Kohl's Corporation (NYSE:KSS - Free Report) by 40.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 147,000 shares of the company's stock after buying an additional 42,000 shares during the quarter. Hussman Strategic Advisors Inc. owned approximately 0.13% of Kohl's worth $1,202,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Marshall Wace LLP bought a new stake in Kohl's in the 4th quarter valued at $19,874,000. Gate City Capital Management LLC bought a new stake in shares of Kohl's during the 4th quarter valued at $12,773,000. ExodusPoint Capital Management LP bought a new stake in shares of Kohl's during the 4th quarter valued at $8,778,000. Norges Bank bought a new stake in shares of Kohl's during the 4th quarter valued at $8,185,000. Finally, American Century Companies Inc. lifted its position in shares of Kohl's by 11.7% during the 4th quarter. American Century Companies Inc. now owns 4,134,298 shares of the company's stock valued at $58,046,000 after acquiring an additional 433,264 shares during the period. Institutional investors and hedge funds own 98.04% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Wall Street Zen cut Kohl's from a "hold" rating to a "sell" rating in a report on Sunday, June 22nd. Barclays increased their price target on Kohl's from $4.00 to $5.00 and gave the stock an "underweight" rating in a report on Friday, May 30th. Evercore ISI cut their price target 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. Robert W. Baird increased their price target on Kohl's from $8.00 to $9.00 and gave the stock a "neutral" rating in a report on Friday, May 30th. Finally, JPMorgan Chase & Co. increased their price target on Kohl's from $7.00 to $8.00 and gave the stock an "underweight" rating in a report on Monday, May 19th. Eight investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $9.75.

Kohl's Price Performance

Shares of KSS stock traded down $0.05 during trading hours on Friday, hitting $9.58. The stock had a trading volume of 5,067,253 shares, compared to its average volume of 9,105,475. Kohl's Corporation has a one year low of $6.04 and a one year high of $22.53. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.09 and a quick ratio of 0.14. The stock's 50-day moving average price is $8.60 and its two-hundred day moving average price is $9.58. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 8.79 and a beta of 1.66.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.09. Kohl's had a return on equity of 4.71% and a net margin of 0.75%. The company had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $3.01 billion. During the same period in the previous year, the firm posted ($0.24) earnings per share. The firm's revenue for the quarter was down 4.1% on a year-over-year basis. Equities analysts forecast that Kohl's Corporation will post 1.3 EPS for the current year.

Kohl's Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.50 dividend on an annualized basis and a yield of 5.22%. Kohl's's dividend payout ratio is currently 45.87%.

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.