Kohl's Co. (NYSE:KSS) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its position in shares of Kohl's Co. (NYSE:KSS - Free Report) by 73.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 19,374 shares of the company's stock after selling 52,744 shares during the quarter. Mutual of America Capital Management LLC's holdings in Kohl's were worth $556,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System increased its position in shares of Kohl's by 4.6% during the fourth quarter. New York State Teachers Retirement System now owns 148,134 shares of the company's stock worth $4,248,000 after acquiring an additional 6,577 shares during the last quarter. State of Alaska Department of Revenue raised its position in shares of Kohl's by 412.3% in the 4th quarter. State of Alaska Department of Revenue now owns 68,096 shares of the company's stock valued at $1,952,000 after purchasing an additional 54,803 shares in the last quarter. Raymond James & Associates purchased a new position in shares of Kohl's during the 4th quarter valued at approximately $501,000. SG Americas Securities LLC grew its position in shares of Kohl's by 636.2% during the fourth quarter. SG Americas Securities LLC now owns 105,706 shares of the company's stock worth $3,032,000 after buying an additional 91,347 shares in the last quarter. Finally, Independent Wealth Network Inc. increased its stake in shares of Kohl's by 19.8% in the fourth quarter. Independent Wealth Network Inc. now owns 32,196 shares of the company's stock worth $923,000 after buying an additional 5,324 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company's stock.

Kohl's Price Performance

KSS traded down $0.51 on Wednesday, reaching $24.89. The company had a trading volume of 6,174,385 shares, compared to its average volume of 5,490,075. The company has a market capitalization of $2.76 billion, a P/E ratio of 8.63, a PEG ratio of 1.38 and a beta of 1.98. The company has a current ratio of 1.31, a quick ratio of 0.20 and a debt-to-equity ratio of 1.11. The company has a fifty day moving average of $26.24 and a 200-day moving average of $25.31. Kohl's Co. has a one year low of $17.68 and a one year high of $29.65.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings data on Tuesday, March 12th. The company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.39. Kohl's had a net margin of 1.81% and a return on equity of 8.40%. The business had revenue of $5.71 billion during the quarter, compared to analysts' expectations of $5.80 billion. During the same period last year, the firm posted ($2.49) earnings per share. The business's revenue was down 1.1% on a year-over-year basis. As a group, equities research analysts anticipate that Kohl's Co. will post 2.24 earnings per share for the current year.

Kohl's Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 20th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 8.04%. The ex-dividend date was Tuesday, March 19th. Kohl's's dividend payout ratio is presently 70.18%.

Wall Street Analyst Weigh In

KSS has been the topic of several research reports. Morgan Stanley upped their price target on Kohl's from $18.00 to $19.00 and gave the company an "underweight" rating in a research report on Thursday, March 21st. Telsey Advisory Group raised their price target on shares of Kohl's from $25.00 to $28.00 and gave the stock a "market perform" rating in a research report on Wednesday, March 13th. Citigroup lowered their price objective on shares of Kohl's from $27.00 to $24.00 and set a "neutral" rating for the company in a research report on Wednesday, March 13th. TD Cowen raised their target price on shares of Kohl's from $28.00 to $31.00 and gave the stock an "outperform" rating in a report on Wednesday, March 13th. Finally, StockNews.com raised Kohl's from a "hold" rating to a "buy" rating in a report on Friday, April 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $24.20.

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.