VNBTrust National Association Takes Position in Kohl's Co. (KSS)
VNBTrust National Association acquired a new position in shares of Kohl's Co. (NYSE:KSS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,917 shares of the company’s stock, valued at approximately $212,000.
Other hedge funds have also recently modified their holdings of the company. Raymond James Trust N.A. acquired a new position in Kohl's during the third quarter worth $200,000. Keybank National Association OH acquired a new position in Kohl's during the third quarter worth $207,000. Ingalls & Snyder LLC acquired a new position in Kohl's during the third quarter worth $219,000. Steward Partners Investment Advisory LLC acquired a new position in Kohl's during the third quarter worth $221,000. Finally, Segall Bryant & Hamill LLC acquired a new position in Kohl's during the third quarter worth $240,000.
Kohl's Co. (NYSE:KSS) opened at $58.84 on Thursday. The company has a market capitalization of $9,890.00, a PE ratio of 15.61, a price-to-earnings-growth ratio of 2.16 and a beta of 1.24. Kohl's Co. has a one year low of $35.16 and a one year high of $59.32. 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 data on Thursday, November 9th. The company reported $0.70 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 revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.80 EPS. sell-side analysts expect that Kohl's Co. will post 3.77 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 3.74%. The ex-dividend date of this dividend was Tuesday, December 5th. Kohl's’s dividend payout ratio (DPR) is 58.36%.
In other Kohl's news, Director Jonas Prising purchased 4,725 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the purchase, the director now owns 8,661 shares in the company, valued at approximately $366,793.35. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Stephanie A. Streeter sold 4,173 shares of the business’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the completion of the transaction, the director now owns 21,960 shares in the company, valued at approximately $1,182,546. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
KSS has been the subject of a number of analyst reports. Gordon Haskett raised Kohl's from a “hold” rating to an “accumulate” rating in a report on Thursday, November 9th. Robert W. Baird set a $57.00 price target on Kohl's and gave the stock a “buy” rating in a report on Monday, December 25th. Jefferies Group reissued a “buy” rating on shares of Kohl's in a report on Monday, December 18th. ValuEngine raised Kohl's from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research raised Kohl's from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research report on Monday, October 16th. Six investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $48.00.
WARNING: This report was first reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/vnbtrust-national-association-takes-position-in-kohls-co-kss/1802889.html.
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.
Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter.