Kohl's Co. (NYSE:KSS) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Kohl's Co. (NYSE:KSS - Free Report) by 13.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 428,939 shares of the company's stock after buying an additional 50,671 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.39% of Kohl's worth $6,022,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in shares of Kohl's during the fourth quarter valued at about $26,000. State of Wyoming purchased a new position in Kohl's in the fourth quarter valued at about $35,000. Bogart Wealth LLC acquired a new stake in Kohl's during the 4th quarter valued at approximately $35,000. KBC Group NV increased its holdings 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 purchasing an additional 1,974 shares during the last quarter. Finally, Platinum Investment Management Ltd. increased its holdings in Kohl's by 30.7% during the 4th quarter. Platinum Investment Management Ltd. now owns 6,108 shares of the company's stock worth $86,000 after purchasing an additional 1,436 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Evercore ISI cut their price target on shares of Kohl's from $9.00 to $8.00 and set an "in-line" rating on the stock in a report on Friday, May 2nd. Telsey Advisory Group reissued a "market perform" rating and issued a $9.00 target price on shares of Kohl's in a research report on Thursday, May 29th. Citigroup lowered their price objective on Kohl's from $11.00 to $8.00 and set a "neutral" rating for the company in a report on Monday, March 17th. UBS Group reduced their target price on Kohl's from $10.00 to $5.00 and set a "sell" rating on the stock in a report on Wednesday, March 12th. Finally, Robert W. Baird upped their price target on Kohl's from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Friday, May 30th. Eight analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat.com, Kohl's currently has an average rating of "Hold" and a consensus target price of $9.75.

Kohl's Stock Performance

NYSE:KSS traded up $0.35 during mid-day trading on Thursday, hitting $8.48. The stock had a trading volume of 5,570,218 shares, compared to its average volume of 8,824,030. Kohl's Co. has a 52 week low of $6.04 and a 52 week high of $24.83. 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 stock has a market capitalization of $943.47 million, a price-to-earnings ratio of 3.80 and a beta of 1.61. The company has a 50 day simple moving average of $7.35 and a 200-day simple moving average of $10.98.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.09. Kohl's had a return on equity of 6.44% and a net margin of 1.47%. The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same period in the previous year, the firm posted ($0.24) earnings per share. The business's revenue was down 4.1% on a year-over-year basis. On average, research analysts expect 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. Investors of record on Wednesday, June 11th will be given a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.50 dividend on an annualized basis and a yield of 5.90%. Kohl's's dividend payout ratio is presently 45.87%.

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.