BI Asset Management Fondsmaeglerselskab A S Purchases 203 Shares of Kohl’s Co. (NYSE:KSS)

BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of Kohl’s Co. (NYSE:KSSGet Rating) by 1.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 13,080 shares of the company’s stock after acquiring an additional 203 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Kohl’s were worth $646,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Future Financial Wealth Managment LLC acquired a new position in Kohl’s in the 4th quarter worth about $25,000. TAP Consulting LLC acquired a new position in Kohl’s in the 4th quarter worth about $25,000. Field & Main Bank increased its holdings in Kohl’s by 66.7% in the 4th quarter. Field & Main Bank now owns 500 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new position in Kohl’s in the 4th quarter worth about $26,000. Finally, Geneos Wealth Management Inc. increased its holdings in Kohl’s by 91.9% in the 3rd quarter. Geneos Wealth Management Inc. now owns 829 shares of the company’s stock worth $40,000 after purchasing an additional 397 shares in the last quarter. 90.70% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:KSS opened at $57.81 on Monday. The business’s 50 day simple moving average is $58.59 and its two-hundred day simple moving average is $53.99. The firm has a market cap of $7.43 billion, a P/E ratio of 9.00, a PEG ratio of 1.00 and a beta of 1.92. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.60 and a current ratio of 1.53. Kohl’s Co. has a 52-week low of $43.67 and a 52-week high of $64.80.

Kohl’s (NYSE:KSSGet Rating) last announced its quarterly earnings results on Tuesday, March 1st. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.10. The business had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.51 billion. Kohl’s had a return on equity of 21.86% and a net margin of 4.83%. The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.22 earnings per share. On average, equities analysts forecast that Kohl’s Co. will post 7.2 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 30th. Shareholders of record on Wednesday, March 16th were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, March 15th. This represents a $2.00 annualized dividend and a yield of 3.46%. This is a positive change from Kohl’s’s previous quarterly dividend of $0.25. Kohl’s’s dividend payout ratio is presently 31.15%.

KSS has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target on Kohl’s from $55.00 to $61.00 in a research note on Thursday, February 17th. Gordon Haskett cut Kohl’s from a “buy” rating to an “accumulate” rating and decreased their price target for the company from $85.00 to $70.00 in a research note on Thursday, February 10th. Robert W. Baird decreased their price target on Kohl’s from $75.00 to $68.00 in a research note on Wednesday, March 2nd. Deutsche Bank Aktiengesellschaft increased their price target on Kohl’s from $75.00 to $85.00 in a research note on Wednesday, March 2nd. Finally, Zacks Investment Research lowered Kohl’s from a “buy” rating to a “hold” rating and set a $51.00 target price on the stock. in a research report on Friday, January 21st. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Kohl’s presently has a consensus rating of “Hold” and an average price target of $63.54.

About Kohl’s (Get Rating)

Kohl's Corporation operates as a retail company 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 Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.

Further Reading

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

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