Centiva Capital LP Invests $1.16 Million in Kohl's Co. (NYSE:KSS)

Centiva Capital LP acquired a new position in shares of Kohl's Co. (NYSE:KSS - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 55,171 shares of the company's stock, valued at approximately $1,164,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Tidal Investments LLC lifted its stake in shares of Kohl's by 23.0% in the 1st quarter. Tidal Investments LLC now owns 15,942 shares of the company's stock valued at $465,000 after acquiring an additional 2,982 shares during the last quarter. CWM LLC raised its position in Kohl's by 97.1% in the second 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. Annex Advisory Services LLC boosted its stake in shares of Kohl's by 19.5% during the second quarter. Annex Advisory Services LLC now owns 196,637 shares of the company's stock valued at $4,521,000 after purchasing an additional 32,034 shares in the last quarter. Gilman Hill Asset Management LLC increased its stake in shares of Kohl's by 2.4% in the second quarter. Gilman Hill Asset Management LLC now owns 320,070 shares of the company's stock valued at $7,358,000 after buying an additional 7,419 shares during the period. Finally, SG Americas Securities LLC raised its holdings in Kohl's by 518.9% in the 2nd quarter. SG Americas Securities LLC now owns 855,089 shares of the company's stock valued at $19,658,000 after buying an additional 716,919 shares during the last quarter. Institutional investors own 98.04% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on KSS shares. Robert W. Baird lowered Kohl's from an "outperform" rating to a "neutral" rating and cut their price target for the stock from $25.00 to $18.00 in a report on Wednesday, November 27th. Evercore ISI decreased their price target on shares of Kohl's from $22.00 to $20.00 and set an "in-line" rating for the company in a research note on Thursday, August 29th. Telsey Advisory Group dropped their price objective on shares of Kohl's from $23.00 to $17.00 and set a "market perform" rating on the stock in a research note on Wednesday, November 27th. TD Cowen dropped their price target on shares of Kohl's from $20.00 to $16.00 and set a "hold" rating on the stock in a research report on Wednesday, November 27th. Finally, Morgan Stanley reduced their price objective on shares of Kohl's from $17.00 to $15.00 and set an "underweight" rating for the company in a research report on Monday, November 25th. Three analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $17.22.

Insider Activity at Kohl's

In other Kohl's news, EVP Feeney Siobhan Mc sold 16,367 shares of the firm's stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total value of $315,392.09. Following the completion of the transaction, the executive vice president now owns 136,799 shares in the company, valued at $2,636,116.73. This trade represents a 10.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.86% of the stock is owned by company insiders.

Kohl's Stock Performance

NYSE KSS traded up $0.09 on Thursday, hitting $15.40. 9,764,917 shares of the stock traded hands, compared to its average volume of 6,507,310. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The business's fifty day moving average is $18.38 and its two-hundred day moving average is $20.35. Kohl's Co. has a 12 month low of $14.22 and a 12 month high of $29.60. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 6.89, a PEG ratio of 1.46 and a beta of 1.88.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.08). The firm had revenue of $3.71 billion during the quarter, compared to analysts' expectations of $3.64 billion. Kohl's had a return on equity of 6.44% and a net margin of 1.47%. The company's revenue was down 8.5% compared to the same quarter last year. During the same period last year, the business posted $0.53 EPS. As a group, equities analysts anticipate that Kohl's Co. will post 1.3 EPS for the current fiscal year.

Kohl's Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 12.99%. The ex-dividend date of this dividend is Wednesday, December 11th. Kohl's's dividend payout ratio (DPR) is presently 90.09%.

About Kohl's

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.