EMC Capital Management Grows Stock Holdings in Kohl’s Co. (NYSE:KSS)

EMC Capital Management raised its holdings in shares of Kohl’s Co. (NYSE:KSS) by 61.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,891 shares of the company’s stock after acquiring an additional 3,014 shares during the quarter. EMC Capital Management’s holdings in Kohl’s were worth $111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Pacer Advisors Inc. raised its stake in shares of Kohl’s by 149.3% during the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after purchasing an additional 9,925,878 shares during the period. FMR LLC boosted its stake in Kohl’s by 10.8% in the 3rd quarter. FMR LLC now owns 7,576,274 shares of the company’s stock worth $159,859,000 after purchasing an additional 740,398 shares during the period. Empowered Funds LLC grew its holdings in Kohl’s by 3,751.8% during the 3rd quarter. Empowered Funds LLC now owns 391,531 shares of the company’s stock valued at $8,261,000 after buying an additional 381,366 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Kohl’s by 109.2% during the third quarter. International Assets Investment Management LLC now owns 546,070 shares of the company’s stock valued at $11,522,000 after buying an additional 285,070 shares during the period. Finally, Quantbot Technologies LP lifted its holdings in shares of Kohl’s by 180.3% in the third quarter. Quantbot Technologies LP now owns 334,150 shares of the company’s stock worth $7,051,000 after buying an additional 214,956 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Gordon Haskett lowered shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price on the stock. in a report on Tuesday, November 26th. TD Cowen decreased their price target on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a report on Wednesday, November 27th. Citigroup dropped their price objective on Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Wednesday, November 27th. Baird R W lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, Guggenheim downgraded Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. Three analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $17.22.

Insider Transactions at Kohl’s

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

Kohl’s Stock Performance

Shares of NYSE KSS opened at $13.46 on Friday. The stock’s 50-day moving average is $14.30 and its 200 day moving average is $17.75. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 6.06 and a beta of 1.87. Kohl’s Co. has a 1-year low of $12.62 and a 1-year 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.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The business had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period last year, the business posted $0.53 earnings per share. The company’s revenue was down 8.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Kohl’s Co. will post 1.31 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 14.86%. Kohl’s’s dividend payout ratio (DPR) is currently 90.09%.

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.