TD Asset Management Inc. trimmed its stake in shares of Kohl's Co. (NYSE:KSS) by 6.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,819 shares of the company’s stock after selling 6,487 shares during the quarter. TD Asset Management Inc. owned approximately 0.05% of Kohl's worth $4,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KSS. Balyasny Asset Management LLC lifted its holdings in Kohl's by 28,709.6% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,667,786 shares of the company’s stock worth $64,493,000 after buying an additional 1,661,997 shares during the period. Northern Trust Corp lifted its holdings in Kohl's by 34.9% in the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock worth $208,851,000 after buying an additional 1,396,006 shares during the period. Royal Bank of Canada lifted its holdings in Kohl's by 220.4% in the 2nd quarter. Royal Bank of Canada now owns 460,527 shares of the company’s stock worth $17,810,000 after buying an additional 843,101 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in Kohl's by 115.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,220,851 shares of the company’s stock worth $47,210,000 after buying an additional 653,659 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Kohl's by 13.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,457,350 shares of the company’s stock worth $211,022,000 after buying an additional 647,469 shares during the period.
Several equities research analysts have weighed in on the company. ValuEngine cut Kohl's from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Robert W. Baird reiterated a “neutral” rating and issued a $43.00 price objective on shares of Kohl's in a report on Thursday, September 7th. Cowen reiterated a “market perform” rating and issued a $47.00 price objective (up previously from $42.00) on shares of Kohl's in a report on Thursday, September 21st. Zacks Investment Research upgraded Kohl's from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Monday, October 16th. Finally, Jefferies Group restated a “buy” rating on shares of Kohl's in a research note on Monday, December 18th. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $43.26.
Kohl's Co. (NYSE:KSS) traded down $0.45 during mid-day trading on Friday, reaching $54.23. The company had a trading volume of 2,676,122 shares, compared to its average volume of 3,774,133. Kohl's Co. has a one year low of $35.16 and a one year high of $57.28. 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 $9,186.50, a price-to-earnings ratio of 14.38, a PEG ratio of 2.19 and a beta of 1.24.
Kohl's (NYSE:KSS) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.02). Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The company had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same period last year, the business earned $0.80 EPS. The firm’s quarterly revenue was up .1% on a year-over-year basis. equities research analysts predict that Kohl's Co. will post 3.75 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend was 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.
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