34,841 Shares in Kohl's Co. (NYSE:KSS) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new position in Kohl's Co. (NYSE:KSS - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 34,841 shares of the company's stock, valued at approximately $735,000.

A number of other large investors have also recently modified their holdings of the stock. Pacer Advisors Inc. increased its holdings in Kohl's by 149.3% in the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company's stock worth $349,671,000 after buying an additional 9,925,878 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Kohl's by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 6,434,081 shares of the company's stock worth $147,923,000 after purchasing an additional 52,126 shares during the last quarter. American Century Companies Inc. grew its position in Kohl's by 26.3% in the 2nd quarter. American Century Companies Inc. now owns 3,093,773 shares of the company's stock worth $71,126,000 after purchasing an additional 643,913 shares during the period. AQR Capital Management LLC raised its stake in Kohl's by 348.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company's stock valued at $50,118,000 after buying an additional 1,694,162 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its holdings in shares of Kohl's by 6,076.8% during the 2nd quarter. Squarepoint Ops LLC now owns 1,834,509 shares of the company's stock valued at $42,175,000 after buying an additional 1,804,809 shares during the period. Institutional investors own 98.04% of the company's stock.

Insider Activity

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

Analysts Set New Price Targets

Several brokerages recently commented on KSS. JPMorgan Chase & Co. cut Kohl's from a "neutral" rating to an "underweight" rating and set a $19.00 price objective for the company. in a research report on Thursday, August 29th. Guggenheim lowered their price objective on shares of Kohl's from $26.00 to $25.00 and set a "buy" rating on the stock in a research note on Wednesday. Citigroup cut their price objective on shares of Kohl's from $18.00 to $14.00 and set a "neutral" rating for the company in a research report on Wednesday. Gordon Haskett cut Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 price objective on the stock. in a research report on Tuesday. Finally, Morgan Stanley reduced their target price on shares of Kohl's from $17.00 to $15.00 and set an "underweight" rating for the company in a report on Monday. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $17.22.

Kohl's Stock Performance

NYSE:KSS traded up $0.24 during midday trading on Friday, hitting $15.00. The company's stock had a trading volume of 10,313,069 shares, compared to its average volume of 6,432,958. The firm's 50 day moving average is $18.63 and its 200-day moving average is $20.61. The firm has a market cap of $1.67 billion, a P/E ratio of 6.75, a P/E/G ratio of 1.37 and a beta of 1.94. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.16. Kohl's Co. has a fifty-two week low of $14.22 and a fifty-two week high of $29.60.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The firm's revenue for the quarter was down 8.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.53 earnings per share. Equities analysts anticipate that Kohl's Co. will post 1.35 earnings per share for the current fiscal year.

Kohl's Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 13.34%. The ex-dividend date of this dividend is Wednesday, December 11th. Kohl's's dividend payout ratio is currently 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.