Two Sigma Investments LP Has $31.67 Million Stock Holdings in Kohl’s Co. (NYSE:KSS)

Two Sigma Investments LP boosted its holdings in shares of Kohl’s Co. (NYSE:KSS) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,255,480 shares of the company’s stock after purchasing an additional 87,235 shares during the period. Two Sigma Investments LP owned about 2.03% of Kohl’s worth $31,667,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. bought a new position in shares of Kohl’s during the 4th quarter worth approximately $26,000. Bogart Wealth LLC bought a new stake in Kohl’s in the fourth quarter valued at $35,000. State of Wyoming acquired a new position in Kohl’s during the fourth quarter worth $35,000. KBC Group NV lifted its holdings in shares of Kohl’s by 58.5% during the fourth quarter. KBC Group NV now owns 5,347 shares of the company’s stock valued at $75,000 after acquiring an additional 1,974 shares during the period. Finally, Platinum Investment Management Ltd. boosted its stake in shares of Kohl’s by 30.7% in the 4th quarter. Platinum Investment Management Ltd. now owns 6,108 shares of the company’s stock valued at $86,000 after purchasing an additional 1,436 shares in the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. The Goldman Sachs Group increased their target price on shares of Kohl’s from $4.00 to $4.50 and gave the stock a “sell” rating in a research report on Friday, May 2nd. JPMorgan Chase & Co. upped their price objective on shares of Kohl’s from $7.00 to $8.00 and gave the stock an “underweight” rating in a research note on Monday. Morgan Stanley cut their target price on shares of Kohl’s from $10.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, March 12th. Robert W. Baird decreased their price target on Kohl’s from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Friday, May 2nd. Finally, Barclays initiated coverage on Kohl’s in a report on Monday, April 28th. They set an “underweight” rating and a $4.00 price target for the company. Seven investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $9.61.

Kohl’s Price Performance

Kohl’s stock opened at $8.27 on Wednesday. The business’s 50-day simple moving average is $7.50 and its 200 day simple moving average is $11.71. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. The stock has a market cap of $920.65 million, a price-to-earnings ratio of 3.73 and a beta of 1.61. Kohl’s Co. has a 12-month low of $6.04 and a 12-month high of $27.59.

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

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date is Wednesday, June 11th. Kohl’s’s dividend payout ratio is presently 51.02%.

Kohl’s 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.