Kohl’s Co. (NYSE:KSS) Shares Sold by Isthmus Partners LLC

Isthmus Partners LLC reduced its position in shares of Kohl’s Co. (NYSE:KSS) by 1.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 181,584 shares of the company’s stock after selling 2,049 shares during the period. Kohl’s comprises 1.8% of Isthmus Partners LLC’s portfolio, making the stock its 16th largest position. Isthmus Partners LLC’s holdings in Kohl’s were worth $10,007,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clear Street Markets LLC lifted its position in shares of Kohl’s by 51.7% during the second quarter. Clear Street Markets LLC now owns 22,000 shares of the company’s stock worth $1,212,000 after purchasing an additional 7,500 shares in the last quarter. Hanseatic Management Services Inc. increased its stake in shares of Kohl’s by 3.7% in the second quarter. Hanseatic Management Services Inc. now owns 10,729 shares of the company’s stock worth $591,000 after buying an additional 384 shares during the last quarter. Summit X LLC increased its stake in shares of Kohl’s by 0.9% in the second quarter. Summit X LLC now owns 32,601 shares of the company’s stock worth $1,793,000 after buying an additional 280 shares during the last quarter. Estate Counselors LLC bought a new stake in shares of Kohl’s in the first quarter worth $1,037,000. Finally, Profund Advisors LLC increased its stake in shares of Kohl’s by 30.1% in the first quarter. Profund Advisors LLC now owns 11,068 shares of the company’s stock worth $660,000 after buying an additional 2,561 shares during the last quarter. 85.16% of the stock is currently owned by institutional investors and hedge funds.

KSS stock traded up $0.99 during trading on Wednesday, hitting $52.56. The company had a trading volume of 27,234 shares, compared to its average volume of 3,525,364. The firm has a market capitalization of $7.91 billion, a price-to-earnings ratio of 11.24, a P/E/G ratio of 1.06 and a beta of 2.16. The business has a 50 day moving average of $53.47 and a 200 day moving average of $56.12. Kohl’s Co. has a fifty-two week low of $18.28 and a fifty-two week high of $64.80. The company has a current ratio of 1.71, a quick ratio of 0.88 and a debt-to-equity ratio of 0.73.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Wednesday, August 18th. The company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $1.26 by $1.22. The business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $3.99 billion. Kohl’s had a net margin of 3.94% and a return on equity of 17.58%. The company’s quarterly revenue was up 30.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.25) earnings per share. As a group, equities analysts predict that Kohl’s Co. will post 6.09 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 22nd. Shareholders of record on Wednesday, September 8th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Tuesday, September 7th. Kohl’s’s payout ratio is -82.64%.

KSS has been the subject of a number of research analyst reports. Jefferies Financial Group initiated coverage on shares of Kohl’s in a research note on Monday, August 9th. They issued a “buy” rating and a $71.00 price target for the company. Zacks Investment Research upgraded shares of Kohl’s from a “hold” rating to a “strong-buy” rating and set a $62.00 price target for the company in a research note on Tuesday, July 27th. Wedbush restated a “neutral” rating on shares of Kohl’s in a research note on Friday, August 27th. Morgan Stanley boosted their target price on shares of Kohl’s from $47.00 to $48.00 and gave the company an “underweight” rating in a research note on Tuesday, August 24th. Finally, Cowen reiterated a “buy” rating and set a $67.00 target price on shares of Kohl’s in a research note on Friday, August 20th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Kohl’s presently has an average rating of “Buy” and an average price target of $54.24.

Kohl’s Company Profile

Kohl’s Corp. engages in the operation of family-oriented department stores. Its business line includes apparel, footwear, and accessories for women, men, and children; home products; beauty products; and accessories. The firm stores generally carry a consistent merchandise assortment with some differences attributable to regional preferences.

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Institutional Ownership by Quarter for Kohl`s (NYSE:KSS)

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