Vident Investment Advisory LLC grew its holdings in shares of Kohl’s (NYSE:KSS) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,216 shares of the company’s stock after buying an additional 2,515 shares during the quarter. Vident Investment Advisory LLC owned 0.05% of Kohl’s worth $4,675,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Nationwide Fund Advisors boosted its stake in shares of Kohl’s by 2.5% in the third quarter. Nationwide Fund Advisors now owns 71,221 shares of the company’s stock valued at $3,251,000 after purchasing an additional 1,770 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in Kohl’s by 34.8% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 21,121 shares of the company’s stock valued at $964,000 after acquiring an additional 5,454 shares in the last quarter. State of Wisconsin Investment Board raised its holdings in shares of Kohl’s by 10.1% during the third quarter. State of Wisconsin Investment Board now owns 174,501 shares of the company’s stock worth $7,966,000 after purchasing an additional 16,069 shares during the period. Keybank National Association OH acquired a new stake in shares of Kohl’s during the third quarter worth $207,000. Finally, Sei Investments Co. raised its holdings in shares of Kohl’s by 10.4% during the third quarter. Sei Investments Co. now owns 143,435 shares of the company’s stock worth $6,548,000 after purchasing an additional 13,465 shares during the period.
Shares of Kohl’s stock traded down $2.91 during midday trading on Friday, hitting $64.00. The company had a trading volume of 5,616,452 shares, compared to its average volume of 3,470,257. The company has a market cap of $11,241.20, a price-to-earnings ratio of 15.27, a PEG ratio of 1.91 and a beta of 1.27. Kohl’s has a 1-year low of $35.16 and a 1-year high of $69.48. The company has a current ratio of 2.01, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81.
Kohl’s (NYSE:KSS) last issued its earnings results on Thursday, March 1st. The company reported $1.87 EPS for the quarter, topping the consensus estimate of $1.77 by $0.10. The firm had revenue of $6.78 billion during the quarter, compared to analysts’ expectations of $6.74 billion. Kohl’s had a return on equity of 13.73% and a net margin of 4.50%. Kohl’s’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the business earned $1.44 earnings per share. research analysts forecast that Kohl’s will post 5.24 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 28th. Investors of record on Wednesday, March 14th were issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.81%. This is a boost from Kohl’s’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend was Tuesday, March 13th. Kohl’s’s payout ratio is currently 58.23%.
KSS has been the subject of several recent research reports. BMO Capital Markets upped their price target on shares of Kohl’s to $69.00 and gave the stock a “hold” rating in a research report on Friday, March 2nd. Robert W. Baird restated an “outperform” rating on shares of Kohl’s in a research report on Friday, March 2nd. Guggenheim increased their target price on shares of Kohl’s from $60.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, January 31st. ValuEngine upgraded shares of Kohl’s from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 17th. Finally, Jefferies Group restated a “buy” rating and set a $100.00 price objective on shares of Kohl’s in a research report on Friday, January 19th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. Kohl’s currently has a consensus rating of “Hold” and an average price target of $59.66.
In related news, insider Richard D. Schepp sold 5,121 shares of Kohl’s stock in a transaction dated Monday, April 2nd. The stock was sold at an average price of $65.29, for a total value of $334,350.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen E. Watson sold 4,173 shares of Kohl’s stock in a transaction dated Thursday, March 29th. The shares were sold at an average price of $65.41, for a total value of $272,955.93. Following the completion of the transaction, the director now directly owns 16,800 shares of the company’s stock, valued at $1,098,888. The disclosure for this sale can be found here. Insiders sold 291,666 shares of company stock valued at $18,808,714 over the last ninety days. 1.20% of the stock is currently owned by company insiders.
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Kohl's Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The company also sells its products online through Website Kohls.com. As of January 28, 2017, it operated 1,154 department stores, 12 FILA outlets, and 3 Off-Aisle clearance centers.
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