10,625 Shares in Kohl’s Co. (NYSE:KSS) Bought by Cerity Partners LLC

Cerity Partners LLC bought a new position in Kohl’s Co. (NYSE:KSS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,625 shares of the company’s stock, valued at approximately $305,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KSS. Headlands Technologies LLC bought a new stake in Kohl’s during the 3rd quarter worth about $25,000. Huntington National Bank lifted its position in Kohl’s by 56.1% during the 3rd quarter. Huntington National Bank now owns 2,081 shares of the company’s stock worth $44,000 after buying an additional 748 shares in the last quarter. Versant Capital Management Inc lifted its position in Kohl’s by 392.4% during the 4th quarter. Versant Capital Management Inc now owns 1,694 shares of the company’s stock worth $49,000 after buying an additional 1,350 shares in the last quarter. BKM Wealth Management LLC bought a new stake in Kohl’s during the 4th quarter worth about $68,000. Finally, DekaBank Deutsche Girozentrale bought a new stake in Kohl’s during the 3rd quarter worth about $86,000. 98.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KSS has been the topic of a number of research analyst reports. Citigroup dropped their target price on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 13th. Telsey Advisory Group upped their target price on shares of Kohl’s from $25.00 to $28.00 and gave the company a “market perform” rating in a report on Wednesday, March 13th. TD Cowen upped their target price on shares of Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a report on Wednesday, March 13th. StockNews.com raised shares of Kohl’s from a “hold” rating to a “buy” rating in a report on Friday, April 12th. Finally, JPMorgan Chase & Co. upped their target price on shares of Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Two research 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $24.20.

Kohl’s Stock Up 1.0 %

Kohl’s stock opened at $24.53 on Friday. The stock has a market cap of $2.72 billion, a P/E ratio of 8.61, a P/E/G ratio of 1.35 and a beta of 1.98. The company has a quick ratio of 0.20, a current ratio of 1.31 and a debt-to-equity ratio of 1.11. Kohl’s Co. has a twelve month low of $17.68 and a twelve month high of $29.65. The company’s 50-day moving average price is $26.05 and its two-hundred day moving average price is $25.39.

Kohl’s (NYSE:KSS) last announced its earnings results on Tuesday, March 12th. The company reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $5.80 billion. During the same quarter in the prior year, the business posted ($2.49) EPS. The business’s revenue was down 1.1% compared to the same quarter last year. As a group, analysts expect that Kohl’s Co. will post 2.24 EPS for the current year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Wednesday, March 20th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 19th. This represents a $2.00 annualized dividend and a dividend yield of 8.15%. Kohl’s’s dividend payout ratio is presently 70.18%.

Kohl’s Company Profile

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.