Kohl’s Co. (KSS) Shares Sold by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lowered its stake in Kohl’s Co. (NYSE:KSS) by 32.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,633 shares of the company’s stock after selling 27,561 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Kohl’s were worth $3,757,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc raised its holdings in shares of Kohl’s by 0.3% during the third quarter. Vanguard Group Inc now owns 18,645,902 shares of the company’s stock worth $1,390,053,000 after purchasing an additional 47,724 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of Kohl’s by 5,066.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 7,708,774 shares of the company’s stock worth $116,000 after purchasing an additional 7,559,552 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Kohl’s by 18.0% during the third quarter. AQR Capital Management LLC now owns 7,606,249 shares of the company’s stock worth $567,046,000 after purchasing an additional 1,162,802 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Kohl’s by 13.1% during the fourth quarter. Northern Trust Corp now owns 5,193,974 shares of the company’s stock worth $344,568,000 after purchasing an additional 599,961 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of Kohl’s by 0.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,681,372 shares of the company’s stock worth $177,388,000 after purchasing an additional 11,119 shares during the last quarter.

Several research analysts recently issued reports on the stock. Telsey Advisory Group reduced their target price on shares of Kohl’s from $99.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, November 21st. Zacks Investment Research cut shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, November 22nd. Royal Bank of Canada reduced their target price on shares of Kohl’s to $73.00 and set a “market perform” rating for the company in a report on Wednesday, November 21st. ValuEngine raised shares of Kohl’s from a “sell” rating to a “hold” rating in a report on Tuesday, December 18th. Finally, Cowen reissued a “buy” rating and set a $82.00 target price on shares of Kohl’s in a report on Wednesday, November 21st. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $75.58.

KSS stock opened at $68.47 on Friday. The firm has a market cap of $11.33 billion, a P/E ratio of 12.23, a PEG ratio of 1.62 and a beta of 0.77. The company has a current ratio of 1.77, a quick ratio of 0.50 and a debt-to-equity ratio of 0.61. Kohl’s Co. has a one year low of $57.89 and a one year high of $83.28.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, March 5th. The company reported $2.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.18 by $0.06. Kohl’s had a net margin of 3.95% and a return on equity of 16.97%. The company had revenue of $6.54 billion for the quarter, compared to analyst estimates of $6.55 billion. During the same quarter last year, the business earned $1.87 earnings per share. The firm’s revenue was down 3.4% on a year-over-year basis. Research analysts predict that Kohl’s Co. will post 6.01 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Wednesday, March 20th will be given a $0.67 dividend. This is a positive change from Kohl’s’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Tuesday, March 19th. This represents a $2.68 annualized dividend and a dividend yield of 3.91%. Kohl’s’s dividend payout ratio (DPR) is 43.57%.

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Kohl’s Company Profile

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Institutional Ownership by Quarter for Kohl`s (NYSE:KSS)

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