WINTON GROUP Ltd Takes Position in Kohl’s Co. (NYSE:KSS)

WINTON GROUP Ltd purchased a new position in Kohl’s Co. (NYSE:KSS) during the fourth quarter, HoldingsChannel reports. The fund purchased 74,800 shares of the company’s stock, valued at approximately $1,050,000.

A number of other institutional investors and hedge funds have also modified their holdings of KSS. Brown Brothers Harriman & Co. boosted its position in Kohl’s by 183.8% during the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after purchasing an additional 917 shares in the last quarter. Platinum Investment Management Ltd. boosted its position in shares of Kohl’s by 30.7% in the 4th quarter. Platinum Investment Management Ltd. now owns 6,108 shares of the company’s stock worth $86,000 after buying an additional 1,436 shares in the last quarter. Illinois Municipal Retirement Fund grew its stake in Kohl’s by 2.6% in the 4th quarter. Illinois Municipal Retirement Fund now owns 59,987 shares of the company’s stock valued at $842,000 after acquiring an additional 1,522 shares during the last quarter. Impact Partnership Wealth LLC grew its stake in Kohl’s by 12.1% in the 4th quarter. Impact Partnership Wealth LLC now owns 14,671 shares of the company’s stock valued at $206,000 after acquiring an additional 1,583 shares during the last quarter. Finally, Swiss National Bank increased its holdings in Kohl’s by 0.7% during the 4th quarter. Swiss National Bank now owns 218,800 shares of the company’s stock valued at $3,072,000 after acquiring an additional 1,600 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Wall Street Analyst Weigh In

KSS has been the topic of several recent research reports. Guggenheim downgraded Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. Citigroup decreased their price target on shares of Kohl’s from $11.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, March 17th. Bank of America cut their price objective on shares of Kohl’s from $15.00 to $8.00 and set an “underperform” rating for the company in a research report on Wednesday, March 12th. The Goldman Sachs Group decreased their target price on shares of Kohl’s from $13.00 to $11.25 and set a “sell” rating on the stock in a research report on Tuesday, March 4th. Finally, Jefferies Financial Group cut their price target on Kohl’s from $15.00 to $12.00 and set a “hold” rating for the company in a report on Tuesday, February 4th. Six research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Based on data from MarketBeat, Kohl’s has a consensus rating of “Hold” and an average target price of $12.10.

Insider Transactions at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the completion of the sale, the executive vice president now owns 133,091 shares of the company’s stock, valued at $1,869,928.55. This represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.86% of the company’s stock.

Kohl’s Trading Down 2.1 %

Shares of KSS opened at $8.43 on Friday. The stock’s fifty day simple moving average is $11.31 and its 200 day simple moving average is $15.03. Kohl’s Co. has a twelve month low of $7.96 and a twelve month high of $29.60. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $937.90 million, a P/E ratio of 3.80 and a beta of 1.92.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.23. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The company had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.25 billion. During the same period last year, the business posted $1.67 EPS. The company’s quarterly revenue was down 9.4% compared to the same quarter last year. On average, equities research analysts forecast that Kohl’s Co. will post 1.3 earnings per share for the current year.

Kohl’s Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st will be paid a dividend of $0.125 per share. The ex-dividend date is Friday, March 21st. This represents a $0.50 annualized dividend and a yield of 5.93%. Kohl’s’s dividend payout ratio is currently 51.02%.

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.