Nationwide Fund Advisors increased its position in shares of Kohl's Co. (NYSE:KSS) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 71,221 shares of the company’s stock after acquiring an additional 1,770 shares during the quarter. Nationwide Fund Advisors’ holdings in Kohl's were worth $3,251,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ffcm LLC boosted its position in Kohl's by 179.3% during the second quarter. Ffcm LLC now owns 3,033 shares of the company’s stock worth $120,000 after acquiring an additional 1,947 shares during the last quarter. Johnson Financial Group Inc. boosted its position in Kohl's by 0.3% during the second quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock worth $128,000 after acquiring an additional 10 shares during the last quarter. Penserra Capital Management LLC acquired a new stake in Kohl's during the second quarter worth approximately $146,000. BB&T Investment Services Inc. acquired a new stake in Kohl's during the second quarter worth approximately $217,000. Finally, Ingalls & Snyder LLC acquired a new stake in Kohl's during the third quarter worth approximately $219,000.
Kohl's Co. (NYSE:KSS) opened at $53.28 on Tuesday. The firm has a market cap of $8,627.06, a price-to-earnings ratio of 13.62, a price-to-earnings-growth ratio of 2.05 and a beta of 1.24. Kohl's Co. has a 1-year low of $35.16 and a 1-year high of $54.45. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $2.20 annualized dividend and a dividend yield of 4.13%. Kohl's’s payout ratio is 58.36%.
A number of analysts recently issued reports on the stock. Jefferies Group restated a “buy” rating on shares of Kohl's in a research report on Monday. Northcoast Research assumed coverage on shares of Kohl's in a research report on Friday, December 8th. They set a “neutral” rating on the stock. ValuEngine upgraded shares of Kohl's from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Royal Bank of Canada restated a “sell” rating on shares of Kohl's in a research report on Sunday, November 12th. Finally, Robert W. Baird upgraded shares of Kohl's from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $46.00 to $47.00 in a report on Friday, November 10th. Six research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $42.74.
In other Kohl's news, Director Jonas Prising bought 4,725 shares of Kohl's stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the acquisition, the director now owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The acquisition was disclosed in a filing with the SEC, which is available at this link. 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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