2 weeks Ago By ABMN Staff
Prudential Financial Inc. cut its holdings in Kohl’s Co. ( NYSE:KSS – Free Report ) by 1.
6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 111,743 shares of the company’s stock after selling 1,850 shares during the quarter. Prudential Financial Inc.
’s holdings in Kohl’s were worth $1,648,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also recently bought and sold shares of KSS. Cerity Partners LLC lifted its holdings in Kohl’s by 73.
9% in the third quarter. Cerity Partners LLC now owns 27,613 shares of the company’s stock valued at $583,000 after acquiring an additional 11,734 shares during the period. Quarry LP lifted its stake in shares of Kohl’s by 687.
4% in the third quarter. Quarry LP now owns 4,858 shares of the company’s stock valued at $103,000 after purchasing an additional 4,241 shares during the period. Quadrature Capital Ltd boosted its holdings in Kohl’s by 151.
8% during the third quarter. Quadrature Capital Ltd now owns 66,744 shares of the company’s stock worth $1,408,000 after buying an additional 40,238 shares in the last quarter. Stifel Financial Corp grew its position in Kohl’s by 121.
3% during the third quarter. Stifel Financial Corp now owns 48,090 shares of the company’s stock worth $1,015,000 after buying an additional 26,362 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new position in Kohl’s in the third quarter valued at about $2,694,000.
Institutional investors and hedge funds own 98.04% of the company’s stock. Analyst Upgrades and Downgrades A number of equities research analysts recently weighed in on the company.
Jefferies Financial Group lowered their price target on Kohl’s from $15.00 to $12.00 and set a “hold” rating on the stock in a report on Tuesday, February 4th.
Robert W. Baird lowered their target price on Kohl’s from $18.00 to $11.
00 and set a “neutral” rating on the stock in a report on Wednesday, March 12th. JPMorgan Chase & Co. cut their price target on Kohl’s from $11.
00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, March 11th. The Goldman Sachs Group lowered their price objective on shares of Kohl’s from $13.
00 to $11.25 and set a “sell” rating on the stock in a research note on Tuesday, March 4th. Finally, Citigroup dropped their target price on shares of Kohl’s from $11.
00 to $8.00 and set a “neutral” rating for the company in a report on Monday, March 17th. Six equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock.
Based on data from MarketBeat, Kohl’s currently has a consensus rating of “Hold” and an average price target of $11.87. Kohl’s Stock Performance Shares of KSS opened at $7.
15 on Friday. Kohl’s Co. has a 1 year low of $6.
04 and a 1 year high of $28.25. The company’s 50 day simple moving average is $10.
75 and its 200 day simple moving average is $14.60. The company has a market capitalization of $795.
41 million, a price-to-earnings ratio of 3.22 and a beta of 1.65.
The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.
05. Kohl’s ( NYSE:KSS – Get Free Report ) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.
95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.23.
The company had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.25 billion.
Kohl’s had a return on equity of 6.44% and a net margin of 1.47%.
The business’s revenue for the quarter was down 9.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.
67 EPS. On average, sell-side analysts predict that Kohl’s Co. will post 1.
3 EPS for the current year. Kohl’s Cuts Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st were issued a $0.
125 dividend. This represents a $0.50 annualized dividend and a yield of 7.
00%. The ex-dividend date was Friday, March 21st. Kohl’s’s dividend payout ratio (DPR) is 51.
02%. Kohl’s Company Profile ( 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 Articles Want to see what other hedge funds are holding KSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kohl’s Co.
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