Kohl’s Co. (NYSE:KSS) Shares Sold by Investors Research Corp

Investors Research Corp lessened its position in Kohl’s Co. (NYSE:KSS) by 12.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,092 shares of the company’s stock after selling 2,650 shares during the period. Investors Research Corp’s holdings in Kohl’s were worth $548,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new stake in shares of Kohl’s during the 2nd quarter valued at approximately $26,000. SkyView Investment Advisors LLC purchased a new stake in Kohl’s during the 1st quarter worth about $27,000. Headlands Technologies LLC acquired a new position in shares of Kohl’s in the third quarter valued at approximately $25,000. Quarry LP raised its holdings in Kohl’s by 81.1% in the 1st quarter. Quarry LP now owns 1,326 shares of the company’s stock valued at $31,000 after acquiring an additional 594 shares during the last quarter. Finally, Fairfield Bush & CO. purchased a new position in Kohl’s during the second quarter worth about $35,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on KSS shares. TD Cowen boosted their price objective on shares of Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a research note on Wednesday, March 13th. StockNews.com raised Kohl’s from a “hold” rating to a “buy” rating in a research report on Friday. Telsey Advisory Group upped their price target on Kohl’s from $25.00 to $28.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 13th. Morgan Stanley lifted their price objective on Kohl’s from $18.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday, March 21st. Finally, JPMorgan Chase & Co. boosted their target price on Kohl’s from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $24.20.

Kohl’s Price Performance

Shares of Kohl’s stock opened at $22.23 on Tuesday. Kohl’s Co. has a 52 week low of $17.68 and a 52 week high of $29.65. The company has a current ratio of 1.31, a quick ratio of 0.20 and a debt-to-equity ratio of 1.11. The company’s 50-day moving average price is $26.66 and its two-hundred day moving average price is $25.17. The stock has a market cap of $2.47 billion, a PE ratio of 7.80, a price-to-earnings-growth ratio of 1.27 and a beta of 1.98.

Kohl’s (NYSE:KSS) last announced its earnings results on Tuesday, March 12th. The company reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.39. Kohl’s had a return on equity of 8.40% and a net margin of 1.81%. The company had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.80 billion. During the same period in the previous year, the firm earned ($2.49) earnings per share. Kohl’s’s revenue for the quarter was down 1.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Kohl’s Co. will post 2.24 EPS for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Wednesday, March 20th were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.00%. Kohl’s’s payout ratio is currently 70.18%.

About Kohl’s

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.