Kohl’s Co. (NYSE:KSS) Shares Sold by Blair William & Co. IL

Blair William & Co. IL trimmed its position in shares of Kohl’s Co. (NYSE:KSS) by 19.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,933 shares of the company’s stock after selling 4,873 shares during the quarter. Blair William & Co. IL’s holdings in Kohl’s were worth $280,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in KSS. WINTON GROUP Ltd purchased a new position in Kohl’s in the 4th quarter worth approximately $1,050,000. Tyler Stone Wealth Management acquired a new position in Kohl’s during the fourth quarter worth $195,000. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Kohl’s by 9.8% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 617,217 shares of the company’s stock worth $8,666,000 after buying an additional 55,125 shares during the period. LPL Financial LLC grew its stake in shares of Kohl’s by 45.9% in the fourth quarter. LPL Financial LLC now owns 65,235 shares of the company’s stock valued at $916,000 after buying an additional 20,537 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in Kohl’s during the 4th quarter worth about $907,000. 98.04% of the stock is owned by institutional investors and hedge funds.

Kohl’s Trading Up 7.6 %

KSS opened at $7.15 on Friday. The business’s 50-day simple moving average is $10.75 and its 200-day simple moving average is $14.60. The company has a market cap of $795.41 million, a P/E ratio of 3.22 and a beta of 1.65. Kohl’s Co. has a one year low of $6.04 and a one year high of $28.25. 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) last released its quarterly earnings data 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. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The company had revenue of $5.18 billion for the quarter, compared to analysts’ expectations of $5.25 billion. During the same quarter last year, the company earned $1.67 earnings per share. The firm’s revenue for the quarter was down 9.4% on a year-over-year basis. As a group, equities research analysts expect that Kohl’s Co. will post 1.3 EPS for the current fiscal year.

Kohl’s Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.50 annualized dividend and a yield of 7.00%. Kohl’s’s dividend payout ratio is presently 51.02%.

Wall Street Analyst Weigh In

KSS has been the topic of a number of recent research reports. UBS Group cut their price target on shares of Kohl’s from $10.00 to $5.00 and set a “sell” rating on the stock in a research note on Wednesday, March 12th. Bank of America reduced their target price on shares of Kohl’s from $15.00 to $8.00 and set an “underperform” rating on the stock in a report on Wednesday, March 12th. Morgan Stanley dropped their price target on shares of Kohl’s from $10.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, March 12th. Citigroup cut their price objective on Kohl’s from $11.00 to $8.00 and set a “neutral” rating on the stock in a research report on Monday, March 17th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $10.00 target price on shares of Kohl’s in a report on Tuesday, April 1st. Six research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $11.87.

Kohl’s Company 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.