WINTON GROUP Ltd bought a new position in shares of Kohl’s Corporation (NYSE:KSS – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 46,886 shares of the company’s stock, valued at approximately $957,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc grew its position in shares of Kohl’s by 3,777.6% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after buying an additional 1,851 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Kohl’s by 233.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after buying an additional 1,167 shares during the period. iSAM Funds UK Ltd bought a new position in shares of Kohl’s during the third quarter worth about $39,000. Plato Investment Management Ltd bought a new position in shares of Kohl’s during the fourth quarter worth about $42,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Kohl’s by 164.7% in the fourth quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock worth $43,000 after acquiring an additional 1,308 shares during the period. 98.04% of the stock is owned by institutional investors and hedge funds.
Kohl’s Price Performance
Shares of NYSE:KSS opened at $16.11 on Wednesday. Kohl’s Corporation has a twelve month low of $7.93 and a twelve month high of $25.22. The stock’s 50 day moving average is $13.89 and its 200-day moving average is $17.01. The company has a quick ratio of 0.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 6.83 and a beta of 1.45.
Kohl’s Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Wednesday, June 10th. Kohl’s’s dividend payout ratio (DPR) is currently 21.19%.
Analyst Upgrades and Downgrades
KSS has been the topic of several analyst reports. Telsey Advisory Group reiterated a “market perform” rating and issued a $17.00 target price on shares of Kohl’s in a report on Tuesday, March 17th. The Goldman Sachs Group dropped their price target on shares of Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Wednesday, March 11th. Citigroup raised shares of Kohl’s from a “neutral” rating to a “buy” rating and upped their price objective for the company from $14.00 to $22.00 in a research note on Monday, June 1st. Gordon Haskett cut shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective for the company. in a research report on Friday, May 15th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have issued a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $14.85.
Check Out Our Latest Stock Report on KSS
About Kohl’s
Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.
The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.
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