Kohl’s Co. (NYSE:KSS) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC lifted its stake in shares of Kohl’s Co. (NYSE:KSS) by 32.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,130 shares of the company’s stock after acquiring an additional 523 shares during the period. GAMMA Investing LLC’s holdings in Kohl’s were worth $62,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in KSS. CWM LLC lifted its holdings in Kohl’s by 59.7% in the 4th quarter. CWM LLC now owns 1,145 shares of the company’s stock valued at $33,000 after purchasing an additional 428 shares in the last quarter. Treasurer of the State of North Carolina lifted its stake in shares of Kohl’s by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 49,007 shares of the company’s stock valued at $1,406,000 after buying an additional 470 shares during the period. Signaturefd LLC boosted its position in Kohl’s by 20.3% during the fourth quarter. Signaturefd LLC now owns 3,278 shares of the company’s stock worth $94,000 after acquiring an additional 553 shares during the last quarter. Parallel Advisors LLC boosted its position in Kohl’s by 14.3% during the fourth quarter. Parallel Advisors LLC now owns 4,581 shares of the company’s stock worth $131,000 after acquiring an additional 572 shares during the last quarter. Finally, Hexagon Capital Partners LLC grew its stake in Kohl’s by 133.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock worth $40,000 after acquiring an additional 802 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Stock Up 2.7 %

Shares of Kohl’s stock opened at $22.87 on Monday. Kohl’s Co. has a twelve month low of $17.68 and a twelve month high of $29.65. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 9.22, a price-to-earnings-growth ratio of 1.99 and a beta of 1.90. The company has a current ratio of 1.21, a quick ratio of 0.19 and a debt-to-equity ratio of 1.12. The company has a fifty day moving average price of $23.94 and a 200 day moving average price of $25.83.

Kohl’s (NYSE:KSS) last issued its earnings results on Thursday, May 30th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.28). The company had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Kohl’s had a return on equity of 7.27% and a net margin of 1.60%. Kohl’s’s quarterly revenue was down 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.13 EPS. Equities research analysts forecast that Kohl’s Co. will post 1.4 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, June 12th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 8.75%. The ex-dividend date is Wednesday, June 12th. Kohl’s’s dividend payout ratio (DPR) is 80.65%.

Wall Street Analyst Weigh In

KSS has been the topic of several analyst reports. Citigroup decreased their price objective on Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 13th. TD Cowen dropped their price objective on shares of Kohl’s from $31.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 31st. Morgan Stanley raised their target price on shares of Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a research report on Thursday, March 21st. StockNews.com lowered shares of Kohl’s from a “buy” rating to a “hold” rating in a research report on Friday, May 31st. Finally, JPMorgan Chase & Co. cut their price target on shares of Kohl’s from $25.00 to $20.00 and set a “neutral” rating on the stock in a research note on Friday, May 31st. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Kohl’s currently has an average rating of “Hold” and a consensus price target of $22.44.

Kohl’s Profile

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.