US Bancorp DE Sells 748 Shares of Kohl’s Co. (NYSE:KSS)

US Bancorp DE decreased its stake in shares of Kohl’s Co. (NYSE:KSS – Get Rating) by 4.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,113 shares of the company’s stock after selling 748 shares during the period. US Bancorp DE’s holdings in Kohl’s were worth $455,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new stake in shares of Kohl’s during the 2nd quarter valued at about $26,000. LS Investment Advisors LLC bought a new stake in shares of Kohl’s during the 2nd quarter valued at about $32,000. Wipfli Financial Advisors LLC bought a new stake in shares of Kohl’s during the 3rd quarter valued at about $37,000. Geneos Wealth Management Inc. boosted its stake in shares of Kohl’s by 395.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,396 shares of the company’s stock valued at $40,000 after purchasing an additional 1,114 shares in the last quarter. Finally, PenderFund Capital Management Ltd. bought a new stake in shares of Kohl’s during the 2nd quarter valued at about $41,000. Institutional investors own 95.50% of the company’s stock.

Kohl’s Stock Up 1.8 %

KSS opened at $30.76 on Monday. The company has a quick ratio of 0.12, a current ratio of 1.21 and a debt-to-equity ratio of 1.11. The firm has a 50 day moving average price of $28.31 and a 200-day moving average price of $28.68. Kohl’s Co. has a twelve month low of $23.38 and a twelve month high of $64.38. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 7.25, a PEG ratio of 1.25 and a beta of 1.62.

Kohl’s (NYSE:KSS – Get Rating) last released its quarterly earnings data on Thursday, November 17th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.01. Kohl’s had a net margin of 2.98% and a return on equity of 12.46%. The firm had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.06 billion. During the same period in the previous year, the company earned $1.65 earnings per share. The firm’s quarterly revenue was down 7.0% on a year-over-year basis. Equities research analysts forecast that Kohl’s Co. will post 3.08 earnings per share for the current year.

Kohl’s Announces Dividend

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

Wall Street Analyst Weigh In

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