294,779 Shares in Kohl's Co. (NYSE:KSS) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new position in Kohl's Co. (NYSE:KSS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 294,779 shares of the company's stock, valued at approximately $4,139,000. Susquehanna Fundamental Investments LLC owned about 0.26% of Kohl's at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in KSS. Marshall Wace LLP purchased a new position in Kohl's during the fourth quarter valued at approximately $19,874,000. ExodusPoint Capital Management LP purchased a new position in shares of Kohl's during the 4th quarter valued at $8,778,000. Norges Bank bought a new position in Kohl's in the 4th quarter worth $8,185,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in Kohl's by 155.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 943,415 shares of the company's stock worth $13,246,000 after buying an additional 573,579 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in Kohl's by 11.7% in the 4th quarter. American Century Companies Inc. now owns 4,134,298 shares of the company's stock worth $58,046,000 after buying an additional 433,264 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Barclays initiated coverage on Kohl's in a research report on Monday. They set an "underweight" rating and a $4.00 target price for the company. Robert W. Baird lowered their target price on shares of Kohl's from $9.00 to $8.00 and set a "neutral" rating on the stock in a report on Friday. The Goldman Sachs Group raised their target price on shares of Kohl's from $4.00 to $4.50 and gave the company a "sell" rating in a research note on Friday. Evercore ISI decreased 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 research note on Friday. Finally, UBS Group cut their price objective on Kohl's from $10.00 to $5.00 and set a "sell" rating for the company in a research report on Wednesday, March 12th. Seven equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $9.54.

Kohl's Trading Up 4.3 %

Shares of NYSE KSS traded up $0.31 during trading hours on Friday, hitting $7.52. 9,994,726 shares of the company traded hands, compared to its average volume of 8,519,298. 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 company's 50 day moving average price is $8.37 and its 200 day moving average price is $12.82. The stock has a market capitalization of $837.16 million, a price-to-earnings ratio of 3.39 and a beta of 1.65. Kohl's Co. has a 12 month low of $6.04 and a 12 month high of $28.25.

Kohl's (NYSE:KSS - Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.23. The firm had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.25 billion. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The business's revenue was down 9.4% on a year-over-year basis. During the same quarter last year, the business earned $1.67 EPS. On average, equities research analysts anticipate that Kohl's Co. will post 1.3 earnings per share for the current fiscal year.

Kohl's Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 21st were given a dividend of $0.125 per share. The ex-dividend date was Friday, March 21st. This represents a $0.50 annualized dividend and a dividend yield of 6.65%. Kohl's's dividend payout ratio (DPR) is 51.02%.

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.