Kohl's Co. (NYSE:KSS) Shares Bought by Two Sigma Advisers LP

Two Sigma Advisers LP lifted its position in Kohl's Co. (NYSE:KSS - Free Report) by 6.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,222,100 shares of the company's stock after buying an additional 126,600 shares during the quarter. Two Sigma Advisers LP owned approximately 2.00% of Kohl's worth $31,198,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pure Financial Advisors LLC purchased a new stake in Kohl's during the fourth quarter worth about $145,000. Impact Partnership Wealth LLC grew its holdings in shares of Kohl's by 12.1% in the fourth quarter. Impact Partnership Wealth LLC now owns 14,671 shares of the company's stock valued at $206,000 after purchasing an additional 1,583 shares in the last quarter. Crescent Grove Advisors LLC grew its holdings in shares of Kohl's by 54.1% in the fourth quarter. Crescent Grove Advisors LLC now owns 34,200 shares of the company's stock valued at $480,000 after purchasing an additional 12,000 shares in the last quarter. KBC Group NV increased its stake in Kohl's by 58.5% during the 4th quarter. KBC Group NV now owns 5,347 shares of the company's stock worth $75,000 after buying an additional 1,974 shares during the period. Finally, EMC Capital Management lifted its holdings in Kohl's by 61.8% during the 4th quarter. EMC Capital Management now owns 7,891 shares of the company's stock worth $111,000 after buying an additional 3,014 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company's stock.

Kohl's Stock Down 7.8%

Shares of NYSE:KSS traded down $0.63 on Monday, hitting $7.48. 7,760,460 shares of the company's stock were exchanged, compared to its average volume of 8,819,857. Kohl's Co. has a 1-year low of $6.04 and a 1-year high of $27.59. The company has a market capitalization of $832.70 million, a PE ratio of 3.37 and a beta of 1.61. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The firm's 50-day moving average is $7.47 and its 200 day moving average is $11.44.

Kohl's (NYSE:KSS - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.23. The firm had revenue of $5.18 billion during the quarter, compared to analysts' expectations of $5.25 billion. Kohl's had a return on equity of 6.44% and a net margin of 1.47%. The firm's revenue was down 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.67 earnings per share. Sell-side analysts predict that Kohl's Co. will post 1.3 EPS for the current year.

Kohl's Dividend Announcement

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 given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.50 annualized dividend and a dividend yield of 6.68%. Kohl's's dividend payout ratio is presently 51.02%.

Analyst Upgrades and Downgrades

KSS has been the subject of several recent research reports. Evercore ISI decreased their price target on shares of Kohl's from $9.00 to $8.00 and set an "in-line" rating for the company in a research report on Friday, May 2nd. The Goldman Sachs Group increased their price objective on Kohl's from $4.00 to $4.50 and gave the company a "sell" rating in a research note on Friday, May 2nd. Bank of America lowered their target price on Kohl's from $15.00 to $8.00 and set an "underperform" rating for the company in a research note on Wednesday, March 12th. Robert W. Baird cut their price target on Kohl's from $9.00 to $8.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. Finally, Morgan Stanley decreased their price objective on Kohl's from $10.00 to $8.00 and set an "underweight" rating for the company in a research note on Wednesday, March 12th. Seven equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $9.61.

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.