LS Investment Advisors LLC raised its holdings in Kohl’s Co. (NYSE:KSS) by 2.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,252 shares of the company’s stock after purchasing an additional 227 shares during the quarter. LS Investment Advisors LLC’s holdings in Kohl’s were worth $705,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of KSS. Oregon Public Employees Retirement Fund grew its stake in Kohl’s by 5,066.0% during the 4th 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 in the last quarter. Norges Bank purchased a new stake in Kohl’s during the 4th quarter worth about $127,565,000. Maj Invest Holding A S purchased a new stake in Kohl’s during the 1st quarter worth about $112,085,000. TIAA CREF Investment Management LLC lifted its holdings in Kohl’s by 153.6% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 2,551,899 shares of the company’s stock worth $190,244,000 after buying an additional 1,545,495 shares during the last quarter. Finally, Teachers Advisors LLC lifted its holdings in Kohl’s by 92.5% during the 3rd quarter. Teachers Advisors LLC now owns 1,512,697 shares of the company’s stock worth $112,772,000 after buying an additional 726,900 shares during the last quarter.
A number of analysts have issued reports on KSS shares. Guggenheim reaffirmed a “buy” rating and set a $80.00 price target on shares of Kohl’s in a report on Tuesday, March 5th. Bank of America reissued a “buy” rating and issued a $80.00 target price on shares of Kohl’s in a report on Wednesday, March 13th. Zacks Investment Research raised Kohl’s from a “hold” rating to a “buy” rating and set a $76.00 target price for the company in a report on Tuesday, March 12th. Jefferies Financial Group reduced their target price on Kohl’s from $100.00 to $95.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Deutsche Bank reduced their target price on Kohl’s from $71.00 to $59.00 and set a “hold” rating for the company in a report on Wednesday. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $73.87.
Shares of KSS traded down $1.71 on Wednesday, reaching $53.44. The stock had a trading volume of 11,070,032 shares, compared to its average volume of 3,798,144. The stock has a market cap of $10.38 billion, a P/E ratio of 9.54, a P/E/G ratio of 1.08 and a beta of 0.77. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.77 and a quick ratio of 0.50. Kohl’s Co. has a twelve month low of $53.01 and a twelve month high of $83.28.
Kohl’s (NYSE:KSS) last announced its earnings results on Tuesday, May 21st. The company reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.06). The company had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.97 billion. Kohl’s had a net margin of 3.95% and a return on equity of 16.97%. Kohl’s’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.64 EPS. Research analysts expect that Kohl’s Co. will post 6.03 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 26th. Shareholders of record on Wednesday, June 12th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend is Tuesday, June 11th. Kohl’s’s dividend payout ratio (DPR) is presently 47.86%.
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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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