Belpointe Asset Management LLC bought a new stake in shares of Kohl's Co. (NYSE:KSS) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,224 shares of the company’s stock, valued at approximately $512,000.

A number of other large investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in Kohl's by 1.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock valued at $422,066,000 after purchasing an additional 186,046 shares during the period. Dimensional Fund Advisors LP raised its stake in Kohl's by 6.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock valued at $266,349,000 after purchasing an additional 377,083 shares during the period. Northern Trust Corp raised its stake in Kohl's by 34.9% during the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after purchasing an additional 1,396,006 shares during the period. Wells Fargo & Company MN raised its stake in Kohl's by 13.7% during the 3rd quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock valued at $213,702,000 after purchasing an additional 564,109 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ raised its stake in Kohl's by 28.1% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 2,032,578 shares of the company’s stock valued at $92,787,000 after purchasing an additional 445,400 shares during the period.

Kohl's Co. (NYSE KSS) traded down $0.94 during trading on Friday, reaching $49.78. 3,201,500 shares of the company’s stock traded hands, compared to its average volume of 4,452,889. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.63 and a quick ratio of 0.30. The firm has a market capitalization of $8,521.20, a P/E ratio of 13.45, a price-to-earnings-growth ratio of 2.03 and a beta of 1.24. Kohl's Co. has a 52-week low of $35.16 and a 52-week high of $55.90.

Kohl's (NYSE:KSS) last posted its earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by ($0.02). The business had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.30 billion. Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.80 earnings per share. equities research analysts forecast that Kohl's Co. will post 3.75 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 4.42%. The ex-dividend date is Tuesday, December 5th. Kohl's’s payout ratio is 58.36%.

Several brokerages have issued reports on KSS. Northcoast Research initiated coverage on shares of Kohl's in a research note on Friday, December 8th. They set a “neutral” rating on the stock. ValuEngine raised shares of Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Royal Bank of Canada reaffirmed a “sell” rating on shares of Kohl's in a research note on Sunday, November 12th. Robert W. Baird raised shares of Kohl's from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $46.00 to $47.00 in a research note on Friday, November 10th. Finally, Gordon Haskett raised shares of Kohl's from a “hold” rating to an “accumulate” rating in a research note on Thursday, November 9th. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Kohl's currently has an average rating of “Hold” and a consensus target price of $42.74.

In other Kohl's news, Director Jonas Prising bought 4,725 shares of the stock in a transaction on Wednesday, November 15th. The shares were purchased at an average cost of $42.35 per share, with a total value of $200,103.75. Following the completion of the transaction, the director now directly owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.20% of the company’s stock.

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Kohl's Company Profile

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

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Institutional Ownership by Quarter for Kohl's (NYSE:KSS)

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