Exane Derivatives grew its position in shares of Kohl’s Co. (NYSE:KSS) by 83.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 56,208 shares of the company’s stock after buying an additional 25,522 shares during the quarter. Exane Derivatives’ holdings in Kohl’s were worth $2,625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently bought and sold shares of the company. Trustcore Financial Services LLC bought a new position in shares of Kohl’s in the third quarter worth $25,000. Point72 Hong Kong Ltd bought a new position in shares of Kohl’s in the second quarter worth $26,000. FNY Investment Advisers LLC bought a new position in shares of Kohl’s in the fourth quarter worth $32,000. Point72 Asset Management L.P. acquired a new stake in Kohl’s in the second quarter valued at about $38,000. Finally, Webster Bank N. A. acquired a new stake in Kohl’s in the third quarter valued at about $50,000. Hedge funds and other institutional investors own 95.86% of the company’s stock.
KSS has been the topic of several research analyst reports. Credit Suisse Group reduced their price objective on Kohl’s from $51.00 to $48.00 in a research note on Wednesday, November 20th. Gordon Haskett lowered Kohl’s from an “accumulate” rating to a “hold” rating in a research note on Tuesday, November 19th. Morgan Stanley reduced their price objective on Kohl’s from $42.00 to $41.00 and set an “underweight” rating on the stock in a research note on Thursday, December 19th. Wedbush reduced their price objective on Kohl’s from $53.00 to $50.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 20th. Finally, Goldman Sachs Group reduced their price objective on Kohl’s from $56.00 to $48.00 in a research note on Wednesday, November 27th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $50.63.
Shares of KSS stock traded up $0.43 during mid-day trading on Wednesday, reaching $46.56. 476,088 shares of the stock traded hands, compared to its average volume of 3,316,103. The stock’s fifty day simple moving average is $48.68 and its two-hundred day simple moving average is $49.66. Kohl’s Co. has a 1-year low of $43.33 and a 1-year high of $75.91. The company has a market cap of $7.36 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 0.99 and a beta of 1.04. The company has a quick ratio of 0.22, a current ratio of 1.42 and a debt-to-equity ratio of 1.09.
Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Tuesday, November 19th. The company reported $0.74 EPS for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.12). Kohl’s had a net margin of 3.50% and a return on equity of 15.19%. The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.40 billion. During the same period in the previous year, the business posted $0.98 earnings per share. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. On average, equities research analysts anticipate that Kohl’s Co. will post 4.76 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date was Tuesday, December 10th. Kohl’s’s payout ratio is 47.86%.
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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