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

Two Sigma Investments LP increased its position in Kohl's Co. (NYSE:KSS - Free Report) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,255,480 shares of the company's stock after purchasing an additional 87,235 shares during the period. Two Sigma Investments LP owned approximately 2.03% of Kohl's worth $31,667,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of KSS. SBI Securities Co. Ltd. bought a new position in Kohl's during the 4th quarter valued at $26,000. Bogart Wealth LLC bought a new position in Kohl's during the 4th quarter valued at $35,000. State of Wyoming bought a new position in Kohl's during the 4th quarter valued at $35,000. KBC Group NV lifted 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 valued at $75,000 after acquiring an additional 1,974 shares in the last quarter. Finally, Platinum Investment Management Ltd. lifted its stake in Kohl's by 30.7% during the 4th quarter. Platinum Investment Management Ltd. now owns 6,108 shares of the company's stock valued at $86,000 after acquiring an additional 1,436 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors.

Kohl's Price Performance

Shares of NYSE KSS traded down $0.63 during midday trading on Friday, 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 12-month low of $6.04 and a 12-month high of $27.59. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. The company has a market cap of $832.70 million, a price-to-earnings ratio of 3.37 and a beta of 1.61. The business's fifty day moving average price is $7.47 and its two-hundred day moving average price is $11.49.

Kohl's (NYSE:KSS - Get Free Report) last issued its 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. The business had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.25 billion. Kohl's had a return on equity of 6.44% and a net margin of 1.47%. Kohl's's revenue for the quarter was down 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.67 earnings per share. As a group, research analysts forecast that Kohl's Co. 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. Investors of record on Wednesday, June 11th will be issued a dividend of $0.125 per share. The ex-dividend date is Wednesday, June 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.68%. Kohl's's dividend payout ratio is presently 51.02%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Robert W. Baird dropped their price objective on Kohl's from $9.00 to $8.00 and set a "neutral" rating on the stock in a research note on Friday, May 2nd. Jefferies Financial Group decreased their target price on Kohl's from $15.00 to $12.00 and set a "hold" rating for the company in a research report on Tuesday, February 4th. Morgan Stanley decreased their target price on Kohl's from $10.00 to $8.00 and set an "underweight" rating for the company in a research report on Wednesday, March 12th. Citigroup decreased their target price 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. Finally, JPMorgan Chase & Co. raised their target price on Kohl's from $7.00 to $8.00 and gave the company an "underweight" rating in a research report on Monday, May 19th. Seven investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company's stock. According to data from MarketBeat, Kohl's currently has a consensus rating of "Hold" and a consensus price target of $9.61.

Kohl's Company 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.