Cwm LLC Has $31,000 Position in Kohl’s Co. (NYSE:KSS)

Cwm LLC reduced its stake in Kohl’s Co. (NYSE:KSSGet Rating) by 21.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,223 shares of the company’s stock after selling 335 shares during the quarter. Cwm LLC’s holdings in Kohl’s were worth $31,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new position in shares of Kohl’s during the second quarter worth approximately $26,000. LS Investment Advisors LLC acquired a new position in shares of Kohl’s during the second quarter worth approximately $32,000. Wipfli Financial Advisors LLC acquired a new position in shares of Kohl’s during the third quarter worth approximately $37,000. Geneos Wealth Management Inc. lifted its holdings in shares of Kohl’s by 395.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,396 shares of the company’s stock worth $40,000 after buying an additional 1,114 shares during the last quarter. Finally, PenderFund Capital Management Ltd. acquired a new position in shares of Kohl’s during the second quarter worth approximately $41,000. 95.50% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Price Performance

Shares of KSS stock opened at $30.76 on Friday. The stock’s fifty day moving average is $28.31 and its 200-day moving average is $28.67. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.12 and a current ratio of 1.21. The stock has a market capitalization of $3.40 billion, a PE ratio of 7.25, a PEG ratio of 1.17 and a beta of 1.62. Kohl’s Co. has a 52 week low of $23.38 and a 52 week high of $64.38.

Kohl’s (NYSE:KSSGet Rating) last issued its quarterly earnings results on Thursday, November 17th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.01. Kohl’s had a return on equity of 12.46% and a net margin of 2.98%. The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.06 billion. During the same quarter in the prior year, the firm posted $1.65 earnings per share. The firm’s revenue for the quarter was down 7.0% compared to the same quarter last year. Equities research analysts expect that Kohl’s Co. will post 3.08 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 21st. Shareholders of record on Wednesday, December 7th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 6.50%. The ex-dividend date was Tuesday, December 6th. Kohl’s’s payout ratio is 47.17%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. cut their price target on Kohl’s from $33.00 to $26.00 in a report on Tuesday, January 3rd. Robert W. Baird cut their target price on Kohl’s from $40.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, November 9th. Deutsche Bank Aktiengesellschaft cut their target price on Kohl’s from $36.00 to $34.00 in a research note on Wednesday, November 9th. Guggenheim cut their target price on Kohl’s to $42.00 in a research note on Monday, November 21st. Finally, StockNews.com assumed coverage on Kohl’s in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Kohl’s has an average rating of “Hold” and a consensus price target of $31.00.

Kohl’s Profile

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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

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

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