Insight Folios Inc Grows Stake in Kohl’s Co. (NYSE:KSS)

Insight Folios Inc increased its holdings in shares of Kohl’s Co. (NYSE:KSS) by 3.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 21,444 shares of the company’s stock after acquiring an additional 701 shares during the quarter. Insight Folios Inc’s holdings in Kohl’s were worth $452,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KSS. Signaturefd LLC raised its stake in Kohl’s by 14.1% during the 3rd quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock worth $84,000 after acquiring an additional 491 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Kohl’s by 2.0% during the second quarter. Arizona State Retirement System now owns 31,049 shares of the company’s stock worth $714,000 after purchasing an additional 623 shares during the last quarter. Summit Securities Group LLC increased its position in shares of Kohl’s by 50.0% during the second quarter. Summit Securities Group LLC now owns 2,400 shares of the company’s stock worth $55,000 after purchasing an additional 800 shares in the last quarter. CWM LLC lifted its holdings in shares of Kohl’s by 97.1% in the 2nd quarter. CWM LLC now owns 1,924 shares of the company’s stock valued at $44,000 after purchasing an additional 948 shares during the last quarter. Finally, Whitebox Advisors LLC lifted its holdings in shares of Kohl’s by 2.2% in the 1st quarter. Whitebox Advisors LLC now owns 45,770 shares of the company’s stock valued at $1,334,000 after purchasing an additional 1,000 shares during the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

Kohl’s Price Performance

KSS opened at $19.04 on Monday. Kohl’s Co. has a 52-week low of $17.89 and a 52-week high of $29.60. The company has a 50 day moving average of $19.66 and a two-hundred day moving average of $21.70. The company has a market cap of $2.12 billion, a P/E ratio of 7.68, a P/E/G ratio of 1.41 and a beta of 1.93. The company has a quick ratio of 0.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.98.

Kohl’s (NYSE:KSS) last posted its earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.13. Kohl’s had a net margin of 1.66% and a return on equity of 7.43%. The business had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same quarter in the previous year, the business posted $0.52 EPS. The business’s quarterly revenue was down 4.2% on a year-over-year basis. On average, analysts expect that Kohl’s Co. will post 1.8 earnings per share for the current year.

Kohl’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $2.00 annualized dividend and a dividend yield of 10.50%. Kohl’s’s payout ratio is currently 80.65%.

Analyst Upgrades and Downgrades

Several research analysts have commented on KSS shares. JPMorgan Chase & Co. lowered Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 price target on the stock. in a research report on Thursday, August 29th. TD Cowen lowered shares of Kohl’s from a “buy” rating to a “hold” rating and decreased their target price for the stock from $25.00 to $21.00 in a research report on Friday, August 30th. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 price target on shares of Kohl’s in a research note on Wednesday, August 28th. Robert W. Baird dropped their price objective on shares of Kohl’s from $27.00 to $25.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Finally, Evercore ISI decreased their target price on shares of Kohl’s from $22.00 to $20.00 and set an “in-line” rating on the stock in a research report on Thursday, August 29th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $21.29.

Insider Buying and Selling

In other Kohl’s news, EVP Feeney Siobhan Mc sold 16,367 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total value of $315,392.09. Following the completion of the sale, the executive vice president now owns 136,799 shares of the company’s stock, valued at $2,636,116.73. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.86% of the stock is currently owned by corporate insiders.

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.