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

Two Sigma Investments LP raised its holdings in Kohl's Co. (NYSE:KSS - Free Report) by 4.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,255,480 shares of the company's stock after purchasing an additional 87,235 shares during the quarter. Two Sigma Investments LP owned about 2.03% of Kohl's worth $31,667,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new stake in Kohl's during the 4th quarter worth approximately $8,185,000. Dana Investment Advisors Inc. raised its stake in shares of Kohl's by 56.7% during the fourth quarter. Dana Investment Advisors Inc. now owns 253,151 shares of the company's stock worth $3,554,000 after purchasing an additional 91,590 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Kohl's by 155.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 943,415 shares of the company's stock worth $13,246,000 after purchasing an additional 573,579 shares during the last quarter. Hussman Strategic Advisors Inc. lifted its holdings in shares of Kohl's by 66.7% during the fourth quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company's stock worth $1,474,000 after purchasing an additional 42,000 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Kohl's by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,771,546 shares of the company's stock valued at $24,873,000 after buying an additional 55,540 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl's Price Performance

NYSE KSS traded down $0.63 during mid-day trading on Monday, hitting $7.48. The stock had a trading volume of 7,760,460 shares, compared to its average volume of 8,819,857. The company has a 50 day simple moving average of $7.47 and a 200 day simple moving average of $11.44. The company has a market cap of $832.70 million, a price-to-earnings ratio of 3.37 and a beta of 1.61. Kohl's Co. has a 52-week low of $6.04 and a 52-week high of $27.59. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97.

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, beating the consensus estimate of $0.72 by $0.23. The company had revenue of $5.18 billion for 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 was down 9.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.67 earnings per share. Equities analysts forecast that Kohl's Co. will post 1.3 EPS for the current fiscal year.

Kohl's Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 6.68%. The ex-dividend date of this dividend is Wednesday, June 11th. Kohl's's dividend payout ratio (DPR) is presently 51.02%.

Analysts Set New Price Targets

KSS has been the subject of a number of analyst reports. UBS Group cut their price objective on shares of Kohl's from $10.00 to $5.00 and set a "sell" rating for the company in a research report on Wednesday, March 12th. Bank of America dropped their price target on shares of Kohl's from $15.00 to $8.00 and set an "underperform" rating on the stock in a research note on Wednesday, March 12th. Telsey Advisory Group restated a "market perform" rating and issued a $9.00 price objective on shares of Kohl's in a research report on Thursday. Robert W. Baird lowered their price objective 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, Jefferies Financial Group dropped their target price on Kohl's from $15.00 to $12.00 and set a "hold" rating on the stock in a research report on Tuesday, February 4th. Seven research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average 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.