Investors Research Corp Has $1.34 Million Stock Position in Kohl’s Co. (NYSE:KSS)

Investors Research Corp lowered its position in shares of Kohl’s Co. (NYSE:KSS) by 0.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,059 shares of the company’s stock after selling 250 shares during the quarter. Kohl’s makes up approximately 0.7% of Investors Research Corp’s holdings, making the stock its 12th biggest holding. Investors Research Corp’s holdings in Kohl’s were worth $1,344,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. OLD National Bancorp IN increased its position in Kohl’s by 15.6% in the 2nd quarter. OLD National Bancorp IN now owns 56,130 shares of the company’s stock valued at $2,669,000 after acquiring an additional 7,592 shares in the last quarter. Annex Advisory Services LLC increased its position in Kohl’s by 34.0% in the 2nd quarter. Annex Advisory Services LLC now owns 41,257 shares of the company’s stock valued at $1,961,000 after acquiring an additional 10,469 shares in the last quarter. Corient Capital Partners LLC increased its position in Kohl’s by 8.2% in the 2nd quarter. Corient Capital Partners LLC now owns 28,848 shares of the company’s stock valued at $1,372,000 after acquiring an additional 2,177 shares in the last quarter. Ontario Teachers Pension Plan Board increased its position in Kohl’s by 73.9% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 119,206 shares of the company’s stock valued at $5,668,000 after acquiring an additional 50,676 shares in the last quarter. Finally, Hourglass Capital LLC increased its position in Kohl’s by 15.8% in the 2nd quarter. Hourglass Capital LLC now owns 5,120 shares of the company’s stock valued at $243,000 after acquiring an additional 700 shares in the last quarter. Institutional investors and hedge funds own 99.64% of the company’s stock.

KSS has been the subject of several research reports. UBS Group raised their price objective on shares of Kohl’s from $47.00 to $49.00 and gave the company a “neutral” rating in a research report on Monday. ValuEngine upgraded shares of Kohl’s from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Wedbush restated a “neutral” rating and issued a $48.00 price objective (down previously from $58.00) on shares of Kohl’s in a research report on Thursday, August 15th. Zacks Investment Research cut shares of Kohl’s from a “hold” rating to a “sell” rating and set a $50.00 price objective for the company. in a research report on Thursday, August 22nd. Finally, Goldman Sachs Group set a $56.00 price objective on shares of Kohl’s and gave the company a “buy” rating in a research report on Wednesday, August 21st. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $60.18.

Shares of NYSE KSS traded up $1.46 during mid-day trading on Tuesday, hitting $52.69. The company’s stock had a trading volume of 116,334 shares, compared to its average volume of 2,830,484. The stock has a market cap of $8.05 billion, a price-to-earnings ratio of 9.34, a price-to-earnings-growth ratio of 0.97 and a beta of 1.04. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.65 and a quick ratio of 0.36. Kohl’s Co. has a one year low of $43.33 and a one year high of $83.28. The company’s fifty day simple moving average is $49.63 and its 200-day simple moving average is $53.80.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, August 20th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.04. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.25 billion. Kohl’s had a net margin of 3.69% and a return on equity of 15.94%. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.76 EPS. On average, sell-side analysts predict that Kohl’s Co. will post 5.23 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 5.09%. The ex-dividend date was Tuesday, September 10th. Kohl’s’s dividend payout ratio (DPR) is presently 47.86%.

About Kohl’s

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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