SG Americas Securities LLC Has $1.18 Million Position in Kohl's Corporation (NYSE:KSS)

SG Americas Securities LLC increased its stake in Kohl's Corporation (NYSE:KSS - Free Report) by 109.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 143,952 shares of the company's stock after buying an additional 75,114 shares during the quarter. SG Americas Securities LLC owned about 0.13% of Kohl's worth $1,178,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KSS. American Century Companies Inc. increased its holdings in Kohl's by 11.7% in the fourth quarter. American Century Companies Inc. now owns 4,134,298 shares of the company's stock valued at $58,046,000 after buying an additional 433,264 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Kohl's by 3.3% in the 4th quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company's stock worth $51,190,000 after purchasing an additional 117,819 shares in the last quarter. Invesco Ltd. raised its holdings in Kohl's by 1.6% during the 4th quarter. Invesco Ltd. now owns 2,292,746 shares of the company's stock worth $32,190,000 after buying an additional 36,622 shares during the period. Two Sigma Investments LP boosted its position in shares of Kohl's by 4.0% in the fourth quarter. Two Sigma Investments LP now owns 2,255,480 shares of the company's stock worth $31,667,000 after buying an additional 87,235 shares during the period. Finally, Two Sigma Advisers LP grew its position in Kohl's by 6.0% during the fourth quarter. Two Sigma Advisers LP now owns 2,222,100 shares of the company's stock valued at $31,198,000 after purchasing an additional 126,600 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company's stock.

Kohl's Trading Down 1.0%

Shares of NYSE KSS traded down $0.09 during midday trading on Friday, reaching $8.24. 4,891,497 shares of the stock were exchanged, compared to its average volume of 10,369,606. Kohl's Corporation has a 12 month low of $6.04 and a 12 month high of $24.83. The company has a market capitalization of $922.67 million, a price-to-earnings ratio of 7.53 and a beta of 1.66. 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 business has a 50-day simple moving average of $7.65 and a two-hundred day simple moving average of $10.41.

Kohl's (NYSE:KSS - Get Free Report) last posted its earnings results 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 firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period in the previous year, the company posted ($0.24) earnings per share. The company's revenue for the quarter was down 4.1% on a year-over-year basis. As a group, equities research analysts expect that Kohl's Corporation will post 1.3 EPS for the current year.

Kohl's Dividend Announcement

The firm 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 dividend of $0.125 per share. The ex-dividend date is Wednesday, June 11th. This represents a $0.50 dividend on an annualized basis and a yield of 6.07%. Kohl's's payout ratio is 45.87%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on KSS shares. Evercore ISI cut their price target on shares of Kohl's from $9.00 to $8.00 and set an "in-line" rating on the stock in a report on Friday, May 2nd. The Goldman Sachs Group restated a "sell" rating on shares of Kohl's in a research report on Thursday, May 29th. Morgan Stanley decreased their target price on Kohl's from $10.00 to $8.00 and set an "underweight" rating on the stock in a report on Wednesday, March 12th. JPMorgan Chase & Co. upped their target price on shares of Kohl's from $7.00 to $8.00 and gave the company an "underweight" rating in a research report on Monday, May 19th. Finally, Barclays raised their target price on shares of Kohl's from $4.00 to $5.00 and gave the company an "underweight" rating in a research note on Friday, May 30th. Seven analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to data from MarketBeat, Kohl's has an average rating of "Hold" and a consensus target price of $9.75.

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.