1 week Ago By Defense World Staff
Norges Bank bought a new position in shares of Kohl’s Co. (NYSE:KSS – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 582,992 shares of the company’s stock, valued at approximately $8,185,000.
Norges Bank owned about 0.52% of Kohl’s as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors also recently bought and sold shares of the company.
Dana Investment Advisors Inc. grew its position in shares of Kohl’s by 56.7% during the fourth quarter.
Dana Investment Advisors Inc. now owns 253,151 shares of the company’s stock valued at $3,554,000 after purchasing an additional 91,590 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd.
grew its holdings in Kohl’s by 155.1% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd.
now owns 943,415 shares of the company’s stock valued at $13,246,000 after buying an additional 573,579 shares in the last quarter. Hussman Strategic Advisors Inc. increased its stake in Kohl’s by 66.
7% in the 4th quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company’s stock worth $1,474,000 after acquiring an additional 42,000 shares during the last quarter.
Charles Schwab Investment Management Inc. raised its holdings in shares of Kohl’s by 3.2% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 1,771,546 shares of the company’s stock worth $24,873,000 after acquiring an additional 55,540 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of Kohl’s by 117.
2% during the 4th quarter. Commonwealth Equity Services LLC now owns 467,030 shares of the company’s stock valued at $6,557,000 after acquiring an additional 252,006 shares during the last quarter. 98.
04% of the stock is owned by hedge funds and other institutional investors. Kohl’s Price PerformanceShares of KSS stock opened at $6.19 on Wednesday.
The company’s 50-day simple moving average is $10.32 and its two-hundred day simple moving average is $14.34.
The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.
12. Kohl’s Co. has a one year low of $6.
04 and a one year high of $28.25. The company has a market capitalization of $688.
54 million, a P/E ratio of 2.79 and a beta of 1.65.
Kohl’s (NYSE:KSS – Get Free Report) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.
72 by $0.23. Kohl’s had a return on equity of 6.
44% and a net margin of 1.47%. The company had revenue of $5.
18 billion for the quarter, compared to the consensus estimate of $5.25 billion. During the same period last year, the business posted $1.
67 EPS. Kohl’s’s quarterly revenue was down 9.4% on a year-over-year basis.
As a group, equities analysts anticipate that Kohl’s Co. will post 1.3 EPS for the current year.
Kohl’s Cuts DividendThe firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 21st were paid a $0.125 dividend.
This represents a $0.50 dividend on an annualized basis and a yield of 8.08%.
The ex-dividend date of this dividend was Friday, March 21st. Kohl’s’s dividend payout ratio (DPR) is presently 51.02%.
Analysts Set New Price TargetsA number of equities research analysts recently issued reports on KSS shares. JPMorgan Chase & Co. decreased their price target on shares of Kohl’s from $11.
00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 11th. Morgan Stanley lowered their price target on shares of Kohl’s from $10.
00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, March 12th. Bank of America reduced their price objective on Kohl’s from $15.
00 to $8.00 and set an “underperform” rating on the stock in a research note on Wednesday, March 12th. The Goldman Sachs Group lowered their price objective on Kohl’s from $13.
00 to $11.25 and set a “sell” rating for the company in a research note on Tuesday, March 4th. Finally, UBS Group cut their target price on Kohl’s from $10.
00 to $5.00 and set a “sell” rating on the stock in a research report on Wednesday, March 12th. Six equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock.
Based on data from MarketBeat, Kohl’s presently has a consensus rating of “Hold” and a consensus target price of $11.87.Check Out Our Latest Stock Analysis on Kohl’sAbout Kohl’s (Free Report)Kohl’s Corporation operates as an omnichannel retailer in the United States.
It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.Featured ArticlesFive stocks we like better than Kohl’sWhat is the FTSE 100 index? Tariff-Proof Stocks: 3 Big Bargains With Huge Upside PotentialThe 3 Best Fintech Stocks to Buy NowQualcomm Breaks Down But RSI Signals It’s Severely OversoldProfitably Trade Stocks at 52-Week HighsTesla’s #1 Bull Cuts Target But Says It’s Still a BuyWant to see what other hedge funds are holding KSS? Visit HoldingsChannel.
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