Twinbeech Capital LP bought a new stake in shares of Kohl's Co. (NYSE:KSS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 252,919 shares of the company's stock, valued at approximately $3,551,000. Twinbeech Capital LP owned approximately 0.23% of Kohl's as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently bought and sold shares of the company. American Century Companies Inc. grew its stake in shares of Kohl's by 11.7% in the 4th quarter. American Century Companies Inc. now owns 4,134,298 shares of the company's stock worth $58,046,000 after buying an additional 433,264 shares in the last quarter. Allianz Asset Management GmbH lifted 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 valued at $51,190,000 after acquiring an additional 117,819 shares during the last quarter. Invesco Ltd. grew its position in Kohl's by 1.6% in the fourth quarter. Invesco Ltd. now owns 2,292,746 shares of the company's stock worth $32,190,000 after acquiring an additional 36,622 shares in the last quarter. Two Sigma Investments LP raised its position in Kohl's by 4.0% during the fourth quarter. Two Sigma Investments LP now owns 2,255,480 shares of the company's stock valued at $31,667,000 after purchasing an additional 87,235 shares during the period. Finally, Two Sigma Advisers LP lifted its stake in shares of Kohl's by 6.0% in the 4th 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 during the last quarter. 98.04% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
KSS has been the topic of several recent research reports. Barclays assumed coverage on Kohl's in a report on Monday, April 28th. They set an "underweight" rating and a $4.00 price target on the stock. Robert W. Baird reduced their target price on shares of Kohl's from $9.00 to $8.00 and set a "neutral" rating on the stock in a research note on Friday, May 2nd. Bank of America lowered their target price on shares of Kohl's from $15.00 to $8.00 and set an "underperform" rating for the company in a report on Wednesday, March 12th. UBS Group cut their price target on shares of Kohl's from $10.00 to $5.00 and set a "sell" rating on the stock in a report on Wednesday, March 12th. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $9.00 price objective on shares of Kohl's in a research report on Thursday. 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 data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $9.61.
View Our Latest Stock Analysis on KSS
Kohl's Stock Down 7.8%
Shares of KSS stock traded down $0.63 during mid-day trading on Friday, hitting $7.48. The stock had a trading volume of 7,760,460 shares, compared to its average volume of 8,796,199. The firm has a market capitalization of $832.70 million, a P/E ratio of 3.37 and a beta of 1.61. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. Kohl's Co. has a 12-month low of $6.04 and a 12-month high of $27.59. The firm's 50-day moving average is $7.49 and its two-hundred day moving average is $11.61.
Kohl's (NYSE:KSS - Get Free Report) last released its quarterly earnings results on Tuesday, March 11th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.23. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The business had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.25 billion. During the same period in the previous year, the company earned $1.67 earnings per share. The business's revenue for the quarter was down 9.4% on a year-over-year basis. On average, analysts predict that Kohl's Co. will post 1.3 earnings per share for the current fiscal year.
Kohl's Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 6.68%. The ex-dividend date of this dividend is Wednesday, June 11th. Kohl's's dividend payout ratio is presently 51.02%.
Kohl's Profile
(
Free Report)
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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