Trilogy Capital Inc. Acquires New Position in Kohl's Co. (KSS)
Trilogy Capital Inc. acquired a new stake in Kohl's Co. (NYSE:KSS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,854 shares of the company’s stock, valued at approximately $697,000.
A number of other large investors have also added to or reduced their stakes in KSS. Alyeska Investment Group L.P. bought a new stake in Kohl's in the third quarter valued at approximately $46,574,000. Alps Advisors Inc. bought a new stake in Kohl's in the fourth quarter valued at approximately $52,200,000. 1060 Capital LLC bought a new stake in Kohl's in the third quarter valued at approximately $24,413,000. Cumberland Partners Ltd raised its stake in Kohl's by 396.1% in the third quarter. Cumberland Partners Ltd now owns 750,625 shares of the company’s stock valued at $34,266,000 after buying an additional 599,325 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Kohl's by 13.7% in the third quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock valued at $213,702,000 after buying an additional 564,109 shares during the period.
Several analysts have issued reports on KSS shares. Gordon Haskett upgraded Kohl's from a “hold” rating to an “accumulate” rating in a research note on Thursday, November 9th. Guggenheim reiterated a “buy” rating and set a $60.00 target price on shares of Kohl's in a research note on Wednesday, January 10th. Zacks Investment Research upgraded Kohl's from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research note on Tuesday, January 9th. Robert W. Baird reiterated a “buy” rating and set a $61.00 target price on shares of Kohl's in a research note on Tuesday, January 9th. Finally, ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $56.19.
Shares of Kohl's Co. (NYSE KSS) opened at $61.47 on Friday. The stock has a market capitalization of $10,327.27, a P/E ratio of 16.31, a P/E/G ratio of 1.97 and a beta of 1.35. Kohl's Co. has a 12-month low of $35.16 and a 12-month high of $69.14. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63.
Kohl's (NYSE:KSS) last issued its quarterly earnings results on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.02). The company 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 prior year, the company earned $0.80 EPS. analysts forecast that Kohl's Co. will post 4.08 EPS for the current fiscal year.
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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