Kohl’s Co. (NYSE:KSS) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its holdings in shares of Kohl’s Co. (NYSE:KSS) by 39.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,600 shares of the company’s stock after selling 13,662 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Kohl’s were worth $591,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KSS. Fairfield Bush & CO. purchased a new stake in shares of Kohl’s during the first quarter valued at approximately $93,000. Raymond James & Associates raised its stake in shares of Kohl’s by 43.3% during the first quarter. Raymond James & Associates now owns 44,031 shares of the company’s stock valued at $2,662,000 after purchasing an additional 13,314 shares during the period. Natixis Advisors L.P. purchased a new stake in shares of Kohl’s during the first quarter valued at approximately $1,183,000. Great West Life Assurance Co. Can raised its stake in shares of Kohl’s by 4.9% during the first quarter. Great West Life Assurance Co. Can now owns 92,581 shares of the company’s stock valued at $5,816,000 after purchasing an additional 4,349 shares during the period. Finally, Blair William & Co. IL raised its stake in shares of Kohl’s by 1.8% during the first quarter. Blair William & Co. IL now owns 28,668 shares of the company’s stock valued at $1,733,000 after purchasing an additional 502 shares during the period. 98.04% of the stock is owned by institutional investors and hedge funds.

Kohl’s Stock Down 0.9 %

Shares of NYSE:KSS opened at $22.02 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 0.20 and a debt-to-equity ratio of 1.11. The company has a fifty day simple moving average of $26.56 and a 200 day simple moving average of $25.17. The firm has a market cap of $2.44 billion, a PE ratio of 7.73, a price-to-earnings-growth ratio of 1.27 and a beta of 1.98. Kohl’s Co. has a 12-month low of $17.68 and a 12-month high of $29.65.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, March 12th. The company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.39. Kohl’s had a net margin of 1.81% and a return on equity of 8.40%. The firm had revenue of $5.71 billion during the quarter, compared to analyst estimates of $5.80 billion. During the same quarter in the previous year, the firm earned ($2.49) earnings per share. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. On average, equities research analysts anticipate that Kohl’s Co. will post 2.24 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 20th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 19th. This represents a $2.00 annualized dividend and a yield of 9.08%. Kohl’s’s payout ratio is 70.18%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on KSS shares. StockNews.com upgraded shares of Kohl’s from a “hold” rating to a “buy” rating in a research note on Friday, April 12th. Telsey Advisory Group lifted their price objective on shares of Kohl’s from $25.00 to $28.00 and gave the company a “market perform” rating in a research note on Wednesday, March 13th. JPMorgan Chase & Co. lifted their price target on shares of Kohl’s from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 13th. TD Cowen lifted their price target on shares of Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 13th. Finally, Morgan Stanley lifted their price target on shares of Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, March 21st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $24.20.

About Kohl’s

Kohl's Corporation operates as an omnichannel retailer 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 Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.