Kohl's Corporation (NYSE:KSS) Shares Acquired by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC boosted its position in shares of Kohl's Corporation (NYSE:KSS - Free Report) by 300.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,000 shares of the company's stock after buying an additional 30,000 shares during the period. Silverleafe Capital Partners LLC's holdings in Kohl's were worth $327,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KSS. Marshall Wace LLP purchased a new stake in shares of Kohl's in the fourth quarter valued at approximately $19,874,000. Gate City Capital Management LLC purchased a new stake in shares of Kohl's in the fourth quarter valued at approximately $12,773,000. ExodusPoint Capital Management LP purchased a new stake in shares of Kohl's in the fourth quarter valued at approximately $8,778,000. Norges Bank purchased a new stake in shares of Kohl's in the fourth quarter valued at approximately $8,185,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Kohl's by 155.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 943,415 shares of the company's stock valued at $13,246,000 after purchasing an additional 573,579 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on KSS. Robert W. Baird upped their price target on Kohl's from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Friday, May 30th. The Goldman Sachs Group restated a "sell" rating on shares of Kohl's in a research report on Thursday, May 29th. Citigroup dropped their price target on Kohl's from $11.00 to $8.00 and set a "neutral" rating for the company in a research report on Monday, March 17th. Morgan Stanley decreased their price objective on Kohl's from $10.00 to $8.00 and set an "underweight" rating on the stock in a report on Wednesday, March 12th. Finally, JPMorgan Chase & Co. upped their price objective on Kohl's from $7.00 to $8.00 and gave the company an "underweight" rating in a report on Monday, May 19th. Eight analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $9.75.

Kohl's Trading Down 1.1%

NYSE:KSS traded down $0.09 during trading hours on Friday, reaching $8.23. 7,737,735 shares of the stock were exchanged, compared to its average volume of 8,933,734. The company has a quick ratio of 0.14, a current ratio of 1.09 and a debt-to-equity ratio of 0.95. The business has a 50-day moving average of $7.68 and a two-hundred day moving average of $10.33. Kohl's Corporation has a twelve month low of $6.04 and a twelve month high of $24.83. The company has a market capitalization of $921.87 million, a price-to-earnings ratio of 7.55 and a beta of 1.66.

Kohl's (NYSE:KSS - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported ($0.13) EPS for the quarter, topping analysts' consensus estimates 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 prior year, the firm earned ($0.24) earnings per share. The firm's revenue was down 4.1% compared to the same quarter last year. On average, equities analysts predict that Kohl's Corporation will post 1.3 EPS for the current year.

Kohl's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 11th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 6.08%. The ex-dividend date of this dividend is Wednesday, June 11th. Kohl's's payout ratio is currently 45.87%.

Kohl's 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.