Rockefeller Capital Management L.P. Has $2.20 Million Stock Position in Kohl’s Co. (NYSE:KSS)

Rockefeller Capital Management L.P. lowered its stake in Kohl’s Co. (NYSE:KSSGet Rating) by 54.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 87,581 shares of the company’s stock after selling 104,029 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.08% of Kohl’s worth $2,202,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Victory Capital Management Inc. increased its position in shares of Kohl’s by 0.6% in the third quarter. Victory Capital Management Inc. now owns 64,492 shares of the company’s stock valued at $1,622,000 after acquiring an additional 376 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in Kohl’s by 2.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 16,555 shares of the company’s stock worth $591,000 after buying an additional 464 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Kohl’s by 4.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 12,725 shares of the company’s stock worth $454,000 after buying an additional 485 shares during the last quarter. Blair William & Co. IL increased its position in Kohl’s by 1.8% during the first quarter. Blair William & Co. IL now owns 28,668 shares of the company’s stock worth $1,733,000 after buying an additional 502 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in Kohl’s by 21.3% during the first quarter. Captrust Financial Advisors now owns 4,036 shares of the company’s stock worth $244,000 after buying an additional 709 shares during the last quarter. Institutional investors and hedge funds own 95.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft lowered their price target on Kohl’s from $36.00 to $34.00 in a research report on Wednesday, November 9th. JPMorgan Chase & Co. lowered their price target on Kohl’s from $33.00 to $26.00 in a research report on Tuesday, January 3rd. Robert W. Baird reduced their price objective on Kohl’s from $40.00 to $35.00 and set an “outperform” rating for the company in a report on Wednesday, November 9th. Guggenheim reduced their price objective on Kohl’s to $42.00 in a report on Monday, November 21st. Finally, StockNews.com began coverage on Kohl’s in a report on Wednesday, October 12th. They set a “hold” rating for the company. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $31.00.

Kohl’s Stock Down 2.9 %

NYSE KSS opened at $31.72 on Wednesday. The business has a fifty day moving average price of $28.33 and a two-hundred day moving average price of $28.73. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.21 and a quick ratio of 0.12. Kohl’s Co. has a fifty-two week low of $23.38 and a fifty-two week high of $64.38. The stock has a market capitalization of $3.50 billion, a PE ratio of 7.48, a PEG ratio of 1.25 and a beta of 1.62.

Kohl’s (NYSE:KSSGet Rating) last released its earnings results on Thursday, November 17th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.01. Kohl’s had a return on equity of 12.46% and a net margin of 2.98%. The firm had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.06 billion. During the same period in the prior year, the company earned $1.65 earnings per share. The company’s quarterly revenue was down 7.0% on a year-over-year basis. Equities analysts expect that Kohl’s Co. will post 3.08 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 21st. Shareholders of record on Wednesday, December 7th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 6.31%. The ex-dividend date was Tuesday, December 6th. Kohl’s’s payout ratio is presently 47.17%.

Kohl’s Profile

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Kohl's Corporation operates as a retail company 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 Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.

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Institutional Ownership by Quarter for Kohl's (NYSE:KSS)

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