Quadrature Capital Ltd raised its position in shares of Kohl's Co. (NYSE:KSS) by 3,777.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 221,034 shares of the company’s stock after purchasing an additional 215,334 shares during the quarter. Kohl's accounts for 1.1% of Quadrature Capital Ltd’s portfolio, making the stock its 16th largest position. Quadrature Capital Ltd’s holdings in Kohl's were worth $11,984,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the business. Sheaff Brock Investment Advisors LLC purchased a new stake in Kohl's during the 4th quarter valued at about $254,000. State of Tennessee Treasury Department grew its stake in Kohl's by 32.7% during the 4th quarter. State of Tennessee Treasury Department now owns 222,265 shares of the company’s stock valued at $12,054,000 after purchasing an additional 54,805 shares during the last quarter. Suntrust Banks Inc. grew its stake in Kohl's by 72.1% during the 4th quarter. Suntrust Banks Inc. now owns 16,004 shares of the company’s stock valued at $866,000 after purchasing an additional 6,707 shares during the last quarter. Baird Financial Group Inc. grew its stake in Kohl's by 3.5% during the 4th quarter. Baird Financial Group Inc. now owns 80,682 shares of the company’s stock valued at $4,375,000 after purchasing an additional 2,763 shares during the last quarter. Finally, Smith Moore & CO. purchased a new stake in Kohl's during the 4th quarter valued at about $378,000.
Several analysts have weighed in on the company. Citigroup boosted their price target on Kohl's from $65.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. Guggenheim reiterated a “buy” rating and set a $60.00 price target on shares of Kohl's in a research note on Wednesday, January 10th. Zacks Investment Research downgraded Kohl's from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Piper Jaffray Companies set a $55.00 price target on Kohl's and gave the company a “hold” rating in a research note on Wednesday, January 10th. Finally, Robert W. Baird set a $70.00 target price on Kohl's and gave the stock a “buy” rating in a research note on Tuesday, January 16th. They noted that the move was a valuation call. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $56.91.
Kohl's Co. (NYSE:KSS) opened at $64.75 on Friday. The stock has a market capitalization of $10,658.22, a P/E ratio of 16.83, a price-to-earnings-growth ratio of 2.04 and a beta of 1.35. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88. Kohl's Co. has a 1 year low of $35.16 and a 1 year high of $69.14.
In other Kohl's news, Director Stephanie A. Streeter sold 4,173 shares of the stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total transaction of $224,716.05. Following the transaction, the director now owns 21,960 shares in the company, valued at $1,182,546. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.20% of the company’s stock.
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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.
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