Two Sigma Advisers LP Increases Stock Position in Kohl's Co. (NYSE:KSS)

Two Sigma Advisers LP boosted its stake in Kohl's Co. (NYSE:KSS - Free Report) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KSS. Pure Financial Advisors LLC purchased a new position in Kohl's in the 4th quarter worth approximately $145,000. Impact Partnership Wealth LLC lifted its stake in Kohl's by 12.1% in the 4th quarter. Impact Partnership Wealth LLC now owns 14,671 shares of the company's stock worth $206,000 after purchasing an additional 1,583 shares in the last quarter. Crescent Grove Advisors LLC lifted its stake in Kohl's by 54.1% in the 4th quarter. Crescent Grove Advisors LLC now owns 34,200 shares of the company's stock worth $480,000 after purchasing an additional 12,000 shares in the last quarter. KBC Group NV lifted its stake in Kohl's by 58.5% in the 4th quarter. KBC Group NV now owns 5,347 shares of the company's stock worth $75,000 after purchasing an additional 1,974 shares in the last quarter. Finally, EMC Capital Management lifted its stake in Kohl's by 61.8% in the 4th quarter. EMC Capital Management now owns 7,891 shares of the company's stock worth $111,000 after purchasing an additional 3,014 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports 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 for the company in a report on Friday, May 2nd. UBS Group cut their price target on shares of Kohl's from $10.00 to $5.00 and set a "sell" rating for the company in a report on Wednesday, March 12th. Barclays initiated coverage on shares of Kohl's in a report on Monday, April 28th. They set an "underweight" rating and a $4.00 price target for the company. Jefferies Financial Group dropped their target price on shares of Kohl's from $15.00 to $12.00 and set a "hold" rating for the company in a report on Tuesday, February 4th. Finally, Robert W. Baird dropped their target price on shares of Kohl's from $9.00 to $8.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. Seven research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $9.61.

Kohl's Stock Down 7.8%

Shares of NYSE:KSS traded down $0.63 during trading on Friday, hitting $7.48. The company's stock had a trading volume of 7,760,460 shares, compared to its average volume of 8,796,199. The business has a 50 day moving average price of $7.47 and a two-hundred day moving average price of $11.53. 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. Kohl's Co. has a fifty-two week low of $6.04 and a fifty-two week high of $27.59.

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

Kohl's Dividend Announcement

The company 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 is Wednesday, June 11th. This represents a $0.50 annualized dividend and a dividend yield of 6.68%. Kohl's's dividend payout ratio (DPR) is currently 51.02%.

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.