Kohl's Co. (NYSE:KSS) Shares Sold by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC lowered its position in Kohl's Co. (NYSE:KSS - Free Report) by 94.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,390 shares of the company's stock after selling 343,270 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Kohl's were worth $258,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of KSS. Grantham Mayo Van Otterloo & Co. LLC grew its stake in Kohl's by 1.7% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 59,124 shares of the company's stock valued at $830,000 after acquiring an additional 972 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Kohl's by 7.6% during the 4th quarter. Russell Investments Group Ltd. now owns 17,526 shares of the company's stock valued at $246,000 after acquiring an additional 1,232 shares in the last quarter. Platinum Investment Management Ltd. grew 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. Illinois Municipal Retirement Fund grew its stake in Kohl's by 2.6% during the 4th quarter. Illinois Municipal Retirement Fund now owns 59,987 shares of the company's stock valued at $842,000 after acquiring an additional 1,522 shares in the last quarter. Finally, Impact Partnership Wealth LLC grew its stake in Kohl's by 12.1% during the 4th quarter. Impact Partnership Wealth LLC now owns 14,671 shares of the company's stock valued at $206,000 after acquiring an additional 1,583 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company's stock.

Kohl's Trading Up 2.5%

Shares of KSS stock traded up $0.21 during trading hours on Friday, hitting $8.58. The company had a trading volume of 10,174,644 shares, compared to its average volume of 8,695,763. The company's fifty day moving average is $7.50 and its 200 day moving average is $11.89. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. Kohl's Co. has a fifty-two week low of $6.04 and a fifty-two week high of $27.59. The stock has a market capitalization of $954.71 million, a PE ratio of 3.86 and a beta of 1.61.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.72 by $0.23. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The firm had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.25 billion. During the same period in the prior year, the business posted $1.67 EPS. The business's revenue for the quarter was down 9.4% compared to the same quarter last year. Research analysts expect that Kohl's Co. will post 1.3 earnings per share 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 given a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.50 annualized dividend and a yield of 5.83%. Kohl's's dividend payout ratio is presently 51.02%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Kohl's from $9.00 to $7.00 and set an "underweight" rating for the company in a research note on Monday, April 14th. Bank of America dropped their price target on shares of Kohl's from $15.00 to $8.00 and set an "underperform" rating for the company in a research note on Wednesday, March 12th. Robert W. Baird dropped their price target on shares of Kohl's from $9.00 to $8.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Evercore ISI dropped their price target on shares of Kohl's from $9.00 to $8.00 and set an "in-line" rating for the company in a research note on Friday, May 2nd. Finally, Citigroup dropped their price target on shares of Kohl's from $11.00 to $8.00 and set a "neutral" rating for the company in a research note on Monday, March 17th. Seven analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to MarketBeat, Kohl's has a consensus rating of "Hold" and a consensus price target of $9.54.

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.