10,000 Shares in Kohl’s Co. (NYSE:KSS) Bought by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC purchased a new position in shares of Kohl’s Co. (NYSE:KSS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,000 shares of the company’s stock, valued at approximately $140,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brown Brothers Harriman & Co. lifted its position in Kohl’s by 183.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after buying an additional 917 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Kohl’s by 117.5% during the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock worth $40,000 after acquiring an additional 1,034 shares in the last quarter. Abich Financial Wealth Management LLC bought a new stake in shares of Kohl’s in the 2nd quarter worth approximately $49,000. Quest Partners LLC purchased a new stake in shares of Kohl’s in the 3rd quarter valued at $60,000. Finally, Blue Trust Inc. grew its holdings in shares of Kohl’s by 1,756.0% during the 3rd quarter. Blue Trust Inc. now owns 3,842 shares of the company’s stock valued at $88,000 after purchasing an additional 3,635 shares during the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Telsey Advisory Group cut their price target on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, November 27th. Gordon Haskett cut Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price for the company. in a report on Tuesday, November 26th. Guggenheim lowered Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. TD Cowen lowered their price objective on Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, November 27th. Finally, Baird R W cut shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Three analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $17.22.

Kohl’s Stock Up 0.9 %

Shares of KSS stock traded up $0.13 during trading hours on Monday, hitting $14.25. 3,423,363 shares of the company’s stock traded hands, compared to its average volume of 5,055,422. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. The stock’s fifty day simple moving average is $16.01 and its two-hundred day simple moving average is $18.90. Kohl’s Co. has a 12-month low of $13.65 and a 12-month high of $29.60. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 6.42, a PEG ratio of 1.38 and a beta of 1.87.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The company had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the previous year, the firm posted $0.53 EPS. The firm’s quarterly revenue was down 8.5% compared to the same quarter last year. On average, analysts expect that Kohl’s Co. will post 1.3 EPS for the current year.

Kohl’s Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 14.04%. The ex-dividend date of this dividend was Wednesday, December 11th. Kohl’s’s payout ratio is 90.09%.

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.