Rothschild Investment Corp IL Buys 2,235 Shares of Kohl's Co. (KSS)
Rothschild Investment Corp IL increased its stake in Kohl's Co. (NYSE:KSS) by 4.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,150 shares of the company’s stock after buying an additional 2,235 shares during the period. Rothschild Investment Corp IL’s holdings in Kohl's Co. were worth $2,076,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. State of New Jersey Common Pension Fund D bought a new position in Kohl's Co. during the third quarter valued at approximately $2,975,000. Berkshire Asset Management LLC PA increased its position in Kohl's Co. by 5.5% in the third quarter. Berkshire Asset Management LLC PA now owns 68,925 shares of the company’s stock valued at $3,015,000 after buying an additional 3,618 shares during the period. Commonwealth Equity Services Inc increased its position in Kohl's Co. by 6.1% in the third quarter. Commonwealth Equity Services Inc now owns 54,195 shares of the company’s stock valued at $2,371,000 after buying an additional 3,121 shares during the period. Lingohr & Partner Asset Management GmbH increased its position in Kohl's Co. by 12.2% in the third quarter. Lingohr & Partner Asset Management GmbH now owns 35,207 shares of the company’s stock valued at $1,540,000 after buying an additional 3,830 shares during the period. Finally, GHP Investment Advisors Inc. bought a new position in Kohl's Co. during the third quarter valued at approximately $246,000. 98.33% of the stock is currently owned by hedge funds and other institutional investors.
Kohl's Co. (NYSE:KSS) traded up 4.03% during trading on Thursday, reaching $40.76. The company had a trading volume of 4,866,689 shares. The firm has a market capitalization of $7.03 billion, a price-to-earnings ratio of 13.11 and a beta of 1.12. Kohl's Co. has a 52 week low of $33.87 and a 52 week high of $59.67. The company’s 50-day moving average is $39.44 and its 200 day moving average is $44.66.
Kohl's Co. (NYSE:KSS) last announced its quarterly earnings data on Thursday, February 23rd. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.11. The business had revenue of $6.21 billion for the quarter, compared to analysts’ expectations of $6.22 billion. Kohl's Co. had a return on equity of 13.59% and a net margin of 3.17%. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period last year, the firm earned $1.58 earnings per share. Equities analysts anticipate that Kohl's Co. will post $3.61 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 22nd. Stockholders of record on Wednesday, March 8th were paid a $0.55 dividend. This is a boost from Kohl's Co.’s previous quarterly dividend of $0.50. This represents a $2.20 annualized dividend and a dividend yield of 5.40%. The ex-dividend date was Monday, March 6th. Kohl's Co.’s dividend payout ratio (DPR) is presently 61.16%.
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Several analysts recently issued reports on KSS shares. Telsey Advisory Group downgraded Kohl's Co. from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $58.00 to $47.00 in a research note on Thursday, January 5th. Robert W. Baird downgraded Kohl's Co. from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $60.00 to $44.00 in a research note on Thursday, January 5th. Royal Bank of Canada decreased their target price on Kohl's Co. from $48.00 to $42.00 and set an “underperform” rating on the stock in a research note on Thursday, January 5th. Jefferies Group LLC set a $54.00 target price on Kohl's Co. and gave the company a “buy” rating in a research note on Wednesday, January 4th. Finally, Goldman Sachs Group Inc reissued a “sell” rating and set a $32.00 target price (down previously from $35.00) on shares of Kohl's Co. in a research note on Friday, January 6th. Five investment analysts have rated the stock with a sell rating, twelve have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $45.97.
In other news, Director Frank V. Sica sold 14,628 shares of the stock in a transaction on Thursday, March 2nd. The stock was sold at an average price of $42.32, for a total value of $619,056.96. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.20% of the stock is currently owned by company insiders.
About Kohl's Co.
Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company also operates an e-commerce Website (www.Kohls.com). The Company operates over 1,160 department stores in approximately 50 states. The Company sells private label, exclusive and national brand apparel, footwear, accessories, beauty and home products.
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