Hsbc Holdings PLC Has $277,000 Stock Position in Kohl’s Corporation $KSS

Hsbc Holdings PLC lowered its stake in Kohl’s Corporation (NYSE:KSS) by 66.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 33,862 shares of the company’s stock after selling 66,105 shares during the period. Hsbc Holdings PLC’s holdings in Kohl’s were worth $277,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. State of Wyoming bought a new stake in Kohl’s in the 4th quarter valued at about $35,000. National Bank of Canada FI bought a new stake in Kohl’s in the 1st quarter valued at about $25,000. CWM LLC boosted its holdings in Kohl’s by 49.7% in the 1st quarter. CWM LLC now owns 4,177 shares of the company’s stock valued at $34,000 after purchasing an additional 1,386 shares during the period. Cheviot Value Management LLC bought a new stake in Kohl’s in the 1st quarter valued at about $36,000. Finally, Brooklyn Investment Group boosted its holdings in Kohl’s by 798.4% in the 1st quarter. Brooklyn Investment Group now owns 5,453 shares of the company’s stock valued at $45,000 after purchasing an additional 4,846 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Price Performance

Shares of NYSE:KSS opened at $16.40 on Friday. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 8.87 and a beta of 1.74. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.36 and a quick ratio of 0.19. The firm has a 50 day simple moving average of $11.97 and a 200 day simple moving average of $9.65. Kohl’s Corporation has a one year low of $6.04 and a one year high of $21.39.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.33 by $0.23. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.37 billion. Kohl’s had a net margin of 1.31% and a return on equity of 4.62%. The firm’s revenue was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.59 EPS. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. Research analysts predict that Kohl’s Corporation will post 1.3 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.0%. The ex-dividend date is Wednesday, September 10th. Kohl’s’s dividend payout ratio is 27.03%.

Analyst Ratings Changes

A number of research firms have issued reports on KSS. Wall Street Zen raised shares of Kohl’s from a “sell” rating to a “hold” rating in a report on Monday. The Goldman Sachs Group upped their price target on shares of Kohl’s from $7.00 to $11.00 and gave the stock a “sell” rating in a report on Thursday, August 28th. Gordon Haskett raised shares of Kohl’s from a “hold” rating to an “accumulate” rating in a report on Wednesday, August 27th. JPMorgan Chase & Co. upped their price target on shares of Kohl’s from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Thursday, August 28th. Finally, Evercore ISI upped their price target on shares of Kohl’s from $8.00 to $13.00 and gave the stock an “in-line” rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Kohl’s has an average rating of “Reduce” and a consensus price target of $12.46.

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.