Pacer Advisors Inc. raised its position in shares of Kohl’s Co. (NYSE:KSS) by 153.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,313 shares of the company’s stock after buying an additional 20,162 shares during the quarter. Pacer Advisors Inc.’s holdings in Kohl’s were worth $2,483,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. LFA Lugano Financial Advisors SA bought a new position in shares of Kohl’s during the second quarter valued at $106,000. MUFG Americas Holdings Corp increased its holdings in shares of Kohl’s by 280.0% during the second quarter. MUFG Americas Holdings Corp now owns 1,900 shares of the company’s stock valued at $139,000 after acquiring an additional 1,400 shares in the last quarter. Winslow Evans & Crocker Inc. increased its holdings in shares of Kohl’s by 125.8% during the third quarter. Winslow Evans & Crocker Inc. now owns 2,290 shares of the company’s stock valued at $172,000 after acquiring an additional 1,276 shares in the last quarter. HighPoint Advisor Group LLC bought a new position in shares of Kohl’s during the third quarter valued at $182,000. Finally, Harvest Fund Management Co. Ltd increased its holdings in shares of Kohl’s by 39.2% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,551 shares of the company’s stock valued at $190,000 after acquiring an additional 718 shares in the last quarter.
Several equities analysts have recently weighed in on KSS shares. Zacks Investment Research downgraded Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, August 23rd. ValuEngine downgraded Kohl’s from a “buy” rating to a “hold” rating in a report on Tuesday, October 2nd. Guggenheim restated a “buy” rating and set a $85.00 price target on shares of Kohl’s in a report on Tuesday, August 21st. OTR Global upgraded Kohl’s to a “positive” rating in a report on Friday, November 2nd. Finally, Bank of America restated a “buy” rating and set a $90.00 price target on shares of Kohl’s in a report on Wednesday, October 10th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $77.25.
NYSE KSS opened at $61.24 on Friday. Kohl’s Co. has a one year low of $49.97 and a one year high of $83.28. The stock has a market capitalization of $10.11 billion, a P/E ratio of 14.62, a price-to-earnings-growth ratio of 1.67 and a beta of 1.10. The company has a quick ratio of 0.37, a current ratio of 1.58 and a debt-to-equity ratio of 0.70.
Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, November 20th. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.96 by $0.02. Kohl’s had a return on equity of 16.06% and a net margin of 4.94%. The company had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.36 billion. During the same period last year, the company earned $0.70 EPS. Kohl’s’s revenue for the quarter was up 1.3% on a year-over-year basis. On average, sell-side analysts expect that Kohl’s Co. will post 5.52 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 26th. Investors of record on Wednesday, December 12th will be issued a $0.61 dividend. The ex-dividend date is Tuesday, December 11th. This represents a $2.44 annualized dividend and a yield of 3.98%. Kohl’s’s payout ratio is 58.23%.
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Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
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