Dimensional Fund Advisors LP Boosts Stock Position in Kohl's Co. (NYSE:KSS)

Dimensional Fund Advisors LP grew its holdings in Kohl's Co. (NYSE:KSS - Free Report) by 6.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,800,864 shares of the company's stock after purchasing an additional 366,660 shares during the quarter. Dimensional Fund Advisors LP owned approximately 5.24% of Kohl's worth $166,375,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Jump Financial LLC boosted its stake in Kohl's by 75.6% during the 4th quarter. Jump Financial LLC now owns 191,737 shares of the company's stock worth $5,499,000 after acquiring an additional 82,576 shares during the last quarter. Qsemble Capital Management LP acquired a new position in shares of Kohl's in the fourth quarter valued at approximately $589,000. Arcataur Capital Management LLC acquired a new position in shares of Kohl's in the fourth quarter valued at approximately $237,000. Kovitz Investment Group Partners LLC boosted its holdings in shares of Kohl's by 3.7% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 132,992 shares of the company's stock valued at $3,814,000 after buying an additional 4,749 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Kohl's by 10.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,501,527 shares of the company's stock worth $43,064,000 after purchasing an additional 143,443 shares in the last quarter. Institutional investors own 98.04% of the company's stock.

Kohl's Stock Performance

Shares of KSS traded up $0.46 during trading hours on Friday, hitting $25.74. The company had a trading volume of 3,476,180 shares, compared to its average volume of 5,345,259. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 9.00, a PEG ratio of 1.44 and a beta of 2.01. The business has a fifty day moving average of $25.20 and a 200-day moving average of $25.75. Kohl's Co. has a 12 month low of $17.68 and a 12 month high of $29.65. The company has a quick ratio of 0.20, a current ratio of 1.31 and a debt-to-equity ratio of 1.11.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings data on Tuesday, March 12th. The company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.39. The company had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.80 billion. Kohl's had a net margin of 1.81% and a return on equity of 8.40%. The company's revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($2.49) earnings per share. Equities analysts anticipate that Kohl's Co. will post 2.22 EPS for the current fiscal year.

Kohl's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 12th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.77%. The ex-dividend date is Wednesday, June 12th. Kohl's's payout ratio is presently 70.18%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. StockNews.com raised shares of Kohl's from a "hold" rating to a "buy" rating in a research report on Thursday. Telsey Advisory Group boosted their price objective 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 cut their price objective on shares of Kohl's from $27.00 to $24.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 13th. Morgan Stanley boosted their price objective on shares of Kohl's from $18.00 to $19.00 and gave the stock an "underweight" rating in a research report on Thursday, March 21st. Finally, JPMorgan Chase & Co. upped their price target on shares of Kohl's from $21.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $24.60.

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.