Allianz Asset Management GmbH Sells 81,842 Shares of Kohl's Co. (KSS)

Allianz Asset Management GmbH lessened its holdings in shares of Kohl's Co. (NYSE:KSS) by 37.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 137,507 shares of the company’s stock after selling 81,842 shares during the period. Allianz Asset Management GmbH owned 0.08% of Kohl's worth $6,277,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of KSS. Ffcm LLC raised its stake 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 buying an additional 1,947 shares during the last quarter. Johnson Financial Group Inc. raised its stake 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 buying an additional 10 shares during the last quarter. Penserra Capital Management LLC bought a new position in Kohl's during the second quarter worth $146,000. Raymond James Trust N.A. bought a new position in Kohl's during the third quarter worth $200,000. Finally, Keybank National Association OH bought a new position in Kohl's during the third quarter worth $207,000.

In other news, Director Jonas Prising purchased 4,725 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average cost of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the acquisition, the director now owns 8,661 shares in the company, valued at $366,793.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.20% of the stock is currently owned by insiders.

KSS has been the subject of several research analyst reports. Royal Bank of Canada reaffirmed a “sell” rating on shares of Kohl's in a research note on Sunday, November 12th. Citigroup lifted their price target on shares of Kohl's from $44.00 to $51.00 and gave the company a “buy” rating in a research note on Thursday, September 21st. Jefferies Group reaffirmed a “buy” rating and issued a $50.00 price target on shares of Kohl's in a research note on Wednesday, September 27th. ValuEngine raised shares of Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Gordon Haskett raised shares of Kohl's from a “hold” rating to an “accumulate” rating in a research note on Thursday, November 9th. Six research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $42.74.

Shares of Kohl's Co. (KSS) opened at $52.88 on Wednesday. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88. The company has a market cap of $8,951.30, a PE ratio of 14.13, a PEG ratio of 2.13 and a beta of 1.24. Kohl's Co. has a 52-week low of $35.16 and a 52-week high of $54.45.

Kohl's (NYSE:KSS) last posted its earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.02). Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The business had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same period in the previous year, the firm earned $0.80 earnings per share. The company’s revenue was up .1% on a year-over-year basis. research analysts anticipate that Kohl's Co. will post 3.75 EPS for the current year.

The company also recently declared 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. This represents a $2.20 annualized dividend and a yield of 4.16%. The ex-dividend date of this dividend is Tuesday, December 5th. Kohl's’s dividend payout ratio (DPR) is presently 58.36%.

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Kohl's Company Profile

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.

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

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