Susquehanna Fundamental Investments LLC Takes Position in Kohl’s Co. (NYSE:KSS)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Kohl’s Co. (NYSE:KSS) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 294,779 shares of the company’s stock, valued at approximately $4,139,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Two Sigma Securities LLC lifted its holdings in shares of Kohl’s by 529.7% during the 4th quarter. Two Sigma Securities LLC now owns 19,521 shares of the company’s stock valued at $274,000 after purchasing an additional 16,421 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in Kohl’s by 8.4% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 144,456 shares of the company’s stock valued at $1,999,000 after buying an additional 11,220 shares during the last quarter. Dark Forest Capital Management LP acquired a new stake in Kohl’s in the fourth quarter worth about $307,000. Hsbc Holdings PLC grew its position in Kohl’s by 5.6% during the 4th quarter. Hsbc Holdings PLC now owns 99,967 shares of the company’s stock worth $1,394,000 after purchasing an additional 5,285 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in Kohl’s by 38.2% during the 4th quarter. Stifel Financial Corp now owns 66,442 shares of the company’s stock valued at $933,000 after purchasing an additional 18,352 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Trading Down 1.4 %

Shares of Kohl’s stock opened at $6.96 on Tuesday. Kohl’s Co. has a fifty-two week low of $6.04 and a fifty-two week high of $28.25. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The company has a market cap of $774.82 million, a P/E ratio of 3.14 and a beta of 1.65. The firm has a 50-day simple moving average of $8.68 and a two-hundred day simple moving average of $12.99.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.72 by $0.23. The company had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.25 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. Kohl’s’s quarterly revenue was down 9.4% compared to the same quarter last year. During the same period last year, the company earned $1.67 earnings per share. As a group, equities analysts predict that Kohl’s Co. will post 1.3 earnings per share for the current fiscal year.

Kohl’s Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 21st were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date was Friday, March 21st. Kohl’s’s dividend payout ratio is presently 51.02%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Bank of America lowered their price objective 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. UBS Group dropped their price target on Kohl’s from $10.00 to $5.00 and set a “sell” rating on the stock in a research note on Wednesday, March 12th. Telsey Advisory Group restated a “market perform” rating and issued a $10.00 price objective on shares of Kohl’s in a research note on Tuesday, April 1st. JPMorgan Chase & Co. decreased their target price on Kohl’s from $9.00 to $7.00 and set an “underweight” rating for the company in a report on Monday, April 14th. Finally, Morgan Stanley reduced their price target on shares of Kohl’s from $10.00 to $8.00 and set an “underweight” rating for the company in a research report on Wednesday, March 12th. Seven research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $10.64.

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.