Cwm LLC Boosts Holdings in Kohl’s Corporation (NYSE:KSS)

Cwm LLC boosted its position in shares of Kohl’s Corporation (NYSE:KSS) by 49.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,177 shares of the company’s stock after buying an additional 1,386 shares during the quarter. Cwm LLC’s holdings in Kohl’s were worth $34,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in Kohl’s during the fourth quarter worth $8,185,000. Aster Capital Management DIFC Ltd boosted its stake in Kohl’s by 6,264.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 42,263 shares of the company’s stock worth $593,000 after buying an additional 41,599 shares during the period. Advisory Services Network LLC boosted its stake in Kohl’s by 277.0% during the fourth quarter. Advisory Services Network LLC now owns 61,779 shares of the company’s stock worth $867,000 after buying an additional 45,392 shares during the period. Marshall Wace LLP purchased a new position in Kohl’s during the fourth quarter worth $19,874,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Kohl’s by 13.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 428,939 shares of the company’s stock worth $6,022,000 after buying an additional 50,671 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on KSS shares. The Goldman Sachs Group reaffirmed a “sell” rating on shares of Kohl’s in a research note on Thursday, May 29th. Barclays boosted their target price on shares of Kohl’s from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Friday, May 30th. JPMorgan Chase & Co. boosted their target price on shares of Kohl’s from $8.00 to $10.00 and gave the company an “underweight” rating in a research note on Monday, July 28th. Robert W. Baird boosted their target price on shares of Kohl’s from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, May 30th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $9.00 target price on shares of Kohl’s in a research note on Thursday, May 29th. Eight investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $9.89.

Kohl’s Stock Performance

Shares of Kohl’s stock opened at $11.40 on Tuesday. The company has a market capitalization of $1.28 billion, a PE ratio of 10.45 and a beta of 1.72. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.14 and a current ratio of 1.09. The company has a 50-day simple moving average of $9.48 and a two-hundred day simple moving average of $9.44. Kohl’s Corporation has a one year low of $6.04 and a one year high of $21.39.

Kohl’s (NYSE:KSS) last announced its earnings results on Thursday, May 29th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.09. The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $3.01 billion. Kohl’s had a net margin of 0.75% and a return on equity of 4.71%. The firm’s revenue was down 4.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.24) earnings per share. Research analysts expect that Kohl’s Corporation will post 1.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th were issued a $0.125 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $0.50 dividend on an annualized basis and a yield of 4.4%. Kohl’s’s payout ratio is currently 45.87%.

Kohl’s 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.