Silverleafe Capital Partners LLC Boosts Holdings in Kohl's Corporation (NYSE:KSS)

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

A number of other institutional investors have also modified their holdings of KSS. Vontobel Holding Ltd. purchased a new stake in shares of Kohl's during the 4th quarter worth about $290,000. Principal Financial Group Inc. lifted its position in Kohl's by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 539,595 shares of the company's stock worth $7,576,000 after acquiring an additional 15,938 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Kohl's during the 4th quarter worth approximately $100,000. New York State Common Retirement Fund lifted its position in Kohl's by 6.9% during the 4th quarter. New York State Common Retirement Fund now owns 49,126 shares of the company's stock worth $690,000 after acquiring an additional 3,186 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. lifted its position in Kohl's by 66.7% during the 4th quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company's stock worth $1,474,000 after acquiring an additional 42,000 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company's stock.

Kohl's Trading Down 1.4%

Shares of KSS opened at $8.36 on Thursday. The stock has a fifty day moving average price of $7.62 and a two-hundred day moving average price of $10.46. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.14 and a current ratio of 1.09. Kohl's Corporation has a 52-week low of $6.04 and a 52-week high of $24.83. The company has a market cap of $936.09 million, a price-to-earnings ratio of 7.67 and a beta of 1.66.

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

Kohl's Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders 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 45.87%.

Analysts Set New Price Targets

KSS has been the topic of several recent research reports. Barclays boosted their price target on Kohl's from $4.00 to $5.00 and gave the stock an "underweight" rating in a research report on Friday, May 30th. The Goldman Sachs Group reaffirmed a "sell" rating on shares of Kohl's in a research report on Thursday, May 29th. Citigroup cut their target price on Kohl's from $11.00 to $8.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. Robert W. Baird upped their target price on Kohl's from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Friday, May 30th. Finally, Evercore ISI cut their target price on Kohl's from $9.00 to $8.00 and set an "in-line" rating on the stock in a research report on Friday, May 2nd. Seven research analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to MarketBeat.com, Kohl's has an average rating of "Hold" and a consensus price target 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.

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