APG Asset Management N.V. trimmed its holdings in Kohl’s Co. (NYSE:KSS) by 0.2% during the 4th quarter, HoldingsChannel reports. The fund owned 2,597,144 shares of the company’s stock after selling 4,900 shares during the period. APG Asset Management N.V.’s holdings in Kohl’s were worth $150,719,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC lifted its position in shares of Kohl’s by 87.0% in the fourth quarter. SG Americas Securities LLC now owns 469,361 shares of the company’s stock valued at $31,137,000 after acquiring an additional 218,330 shares in the last quarter. Hallmark Capital Management Inc. purchased a new position in shares of Kohl’s in the fourth quarter valued at about $1,104,000. State of Tennessee Treasury Department lifted its position in shares of Kohl’s by 126.4% in the fourth quarter. State of Tennessee Treasury Department now owns 188,372 shares of the company’s stock worth $12,497,000 after buying an additional 105,157 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Kohl’s by 9.8% in the fourth quarter. Stifel Financial Corp now owns 169,495 shares of the company’s stock worth $11,250,000 after buying an additional 15,068 shares in the last quarter. Finally, Strs Ohio lifted its position in shares of Kohl’s by 348.7% in the fourth quarter. Strs Ohio now owns 30,866 shares of the company’s stock worth $2,047,000 after buying an additional 23,987 shares in the last quarter.

Shares of NYSE KSS opened at $69.94 on Thursday. The company has a current ratio of 1.77, a quick ratio of 0.50 and a debt-to-equity ratio of 0.61. Kohl’s Co. has a 1-year low of $57.89 and a 1-year high of $83.28. The company has a market cap of $11.24 billion, a price-to-earnings ratio of 12.49, a P/E/G ratio of 1.60 and a beta of 0.77.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $2.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.18 by $0.06. Kohl’s had a return on equity of 16.97% and a net margin of 3.95%. The company had revenue of $6.54 billion for the quarter, compared to analysts’ expectations of $6.55 billion. During the same period in the previous year, the firm posted $1.87 earnings per share. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. As a group, analysts predict that Kohl’s Co. will post 5.99 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.67 per share. This is a boost from Kohl’s’s previous quarterly dividend of $0.61. This represents a $2.68 annualized dividend and a yield of 3.83%. The ex-dividend date is Tuesday, March 19th. Kohl’s’s payout ratio is presently 47.86%.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded Kohl’s from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a research report on Tuesday, March 12th. ValuEngine upgraded Kohl’s from a “sell” rating to a “hold” rating in a research report on Tuesday, December 18th. Bank of America reiterated a “buy” rating and issued a $80.00 target price on shares of Kohl’s in a research report on Wednesday, March 13th. Guggenheim reiterated a “buy” rating and issued a $80.00 target price on shares of Kohl’s in a research report on Tuesday, March 5th. Finally, Atlantic Securities upgraded Kohl’s from an “underweight” rating to a “neutral” rating and set a $71.50 target price on the stock in a research report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $75.58.

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

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