Mitsubishi UFJ Trust & Banking Corp Has $7.92 Million Stock Holdings in Kohl’s Corporation $KSS

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in shares of Kohl’s Corporation (NYSE:KSS) by 19.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 515,442 shares of the company’s stock after selling 126,880 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.46% of Kohl’s worth $7,922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in KSS. Quantbot Technologies LP bought a new stake in shares of Kohl’s during the 2nd quarter valued at about $1,324,000. Corton Capital Inc. lifted its stake in Kohl’s by 223.7% in the second quarter. Corton Capital Inc. now owns 50,636 shares of the company’s stock valued at $429,000 after buying an additional 34,992 shares during the period. Caxton Associates LLP boosted its holdings in shares of Kohl’s by 2,958.8% during the 2nd quarter. Caxton Associates LLP now owns 621,862 shares of the company’s stock worth $5,273,000 after buying an additional 601,532 shares in the last quarter. TriaGen Wealth Management LLC bought a new position in Kohl’s during the third quarter worth $730,000. Finally, Truist Financial Corp raised its holdings in shares of Kohl’s by 109.5% during the second quarter. Truist Financial Corp now owns 82,429 shares of the company’s stock valued at $699,000 after purchasing an additional 43,082 shares during the period. 98.04% of the stock is currently owned by institutional investors.

Kohl’s Stock Performance

Shares of KSS opened at $17.22 on Thursday. Kohl’s Corporation has a 12-month low of $6.04 and a 12-month high of $25.22. The company has a market cap of $1.93 billion, a PE ratio of 10.01 and a beta of 1.42. The company has a current ratio of 1.30, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99. The stock has a 50-day moving average price of $20.93 and a 200-day moving average price of $16.97.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The firm had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the prior year, the firm earned $0.20 EPS. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. As a group, equities analysts forecast 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 was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.9%. Kohl’s’s dividend payout ratio (DPR) is 29.07%.

Insider Buying and Selling

In other Kohl’s news, CFO Jill Timm sold 25,000 shares of the business’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $22.75, for a total value of $568,750.00. Following the completion of the sale, the chief financial officer directly owned 335,561 shares of the company’s stock, valued at $7,634,012.75. The trade was a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on KSS shares. Jefferies Financial Group assumed coverage on Kohl’s in a research report on Wednesday, January 14th. They set a “hold” rating and a $22.00 target price on the stock. The Goldman Sachs Group boosted their price target on shares of Kohl’s from $11.00 to $15.00 and gave the stock a “sell” rating in a report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a research report on Thursday, January 22nd. Gordon Haskett upgraded shares of Kohl’s from an “accumulate” rating to a “buy” rating in a research note on Tuesday, November 25th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $15.55.

Kohl’s Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.