1060 Capital LLC purchased a new stake in Kohl’s Corporation (NYSE:KSS) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 600,511 shares of the company’s stock, valued at approximately $24,413,000. Kohl’s Corporation makes up approximately 4.2% of 1060 Capital LLC’s portfolio, making the stock its 9th largest holding. 1060 Capital LLC owned approximately 0.36% of Kohl’s Corporation as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in KSS. Ffcm LLC grew its stake in shares of Kohl’s Corporation by 179.3% in the second quarter. Ffcm LLC now owns 3,033 shares of the company’s stock valued at $120,000 after acquiring an additional 1,947 shares in the last quarter. Johnson Financial Group Inc. grew its stake in shares of Kohl’s Corporation by 0.3% in the second quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock valued at $128,000 after acquiring an additional 10 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in Kohl’s Corporation during the second quarter worth about $146,000. Raymond James Trust N.A. acquired a new stake in Kohl’s Corporation during the third quarter worth about $200,000. Finally, Keybank National Association OH acquired a new stake in Kohl’s Corporation during the third quarter worth about $207,000.
A number of equities research analysts have issued reports on KSS shares. Zacks Investment Research upgraded shares of Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Monday, October 16th. Telsey Advisory Group upgraded shares of Kohl’s Corporation from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $43.00 to $50.00 in a research note on Monday, October 9th. Royal Bank Of Canada set a $39.00 price objective on shares of Kohl’s Corporation and gave the stock a “sell” rating in a research note on Tuesday, August 29th. Jefferies Group LLC restated a “buy” rating and issued a $48.00 price target on shares of Kohl’s Corporation in a research note on Sunday, July 30th. Finally, Robert W. Baird restated a “neutral” rating and issued a $43.00 price target on shares of Kohl’s Corporation in a research note on Thursday, September 7th. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $42.74.
In related news, Director Jonas Prising acquired 4,725 shares of Kohl’s Corporation stock in a transaction dated Wednesday, November 15th. The stock was bought at an average price of $42.35 per share, with a total value of $200,103.75. Following the transaction, the director now directly owns 8,661 shares in the company, valued at approximately $366,793.35. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.20% of the company’s stock.
Kohl’s Corporation (KSS) traded up $1.47 during trading on Monday, reaching $43.72. 4,185,400 shares of the company’s stock traded hands, compared to its average volume of 4,494,440. 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 Corporation has a 52-week low of $35.16 and a 52-week high of $59.67. The company has a market cap of $7,380.00, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 1.75 and a beta of 1.22.
Kohl’s Corporation (NYSE:KSS) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.02). The company had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.30 billion. Kohl’s Corporation had a return on equity of 12.72% and a net margin of 3.47%. The business’s quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the business earned $0.80 EPS. equities research analysts expect that Kohl’s Corporation will post 3.75 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 5.03%. The ex-dividend date of this dividend is Tuesday, December 5th. Kohl’s Corporation’s dividend payout ratio (DPR) is 58.36%.
About Kohl’s Corporation
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.
Want to see what other hedge funds are holding KSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kohl’s Corporation (NYSE:KSS).
Receive News & Ratings for Kohl's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's Corporation and related companies with MarketBeat.com's FREE daily email newsletter.