Fox Run Management L.L.C. Invests $907,000 in Kohl's Co. (NYSE:KSS)

Fox Run Management L.L.C. purchased a new position in Kohl's Co. (NYSE:KSS - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 64,572 shares of the company's stock, valued at approximately $907,000. Fox Run Management L.L.C. owned approximately 0.06% of Kohl's at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of KSS. FMR LLC increased its stake in shares of Kohl's by 10.8% during the third quarter. FMR LLC now owns 7,576,274 shares of the company's stock valued at $159,859,000 after purchasing an additional 740,398 shares in the last quarter. American Century Companies Inc. increased its position in Kohl's by 11.7% during the 4th quarter. American Century Companies Inc. now owns 4,134,298 shares of the company's stock valued at $58,046,000 after buying an additional 433,264 shares in the last quarter. Allianz Asset Management GmbH increased its position in Kohl's by 3.3% during the 4th quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company's stock valued at $51,190,000 after buying an additional 117,819 shares in the last quarter. Geode Capital Management LLC raised its stake in Kohl's by 5.3% during the third quarter. Geode Capital Management LLC now owns 1,826,101 shares of the company's stock valued at $38,541,000 after buying an additional 91,608 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Kohl's by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,771,546 shares of the company's stock worth $24,873,000 after acquiring an additional 55,540 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

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Kohl's Trading Down 3.7 %

Shares of NYSE:KSS traded down $0.33 during trading on Thursday, reaching $8.62. The company's stock had a trading volume of 8,704,549 shares, compared to its average volume of 7,649,784. The stock has a market capitalization of $959.84 million, a PE ratio of 3.88 and a beta of 1.92. Kohl's Co. has a 12 month low of $7.96 and a 12 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's 50 day simple moving average is $11.48 and its two-hundred day simple moving average is $15.16.

Kohl's (NYSE:KSS - Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.23. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The business had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.25 billion. During the same quarter in the prior year, the firm posted $1.67 earnings per share. The business's revenue for the quarter was down 9.4% on a year-over-year basis. On average, research analysts predict that Kohl's Co. will post 1.3 EPS for the current fiscal year.

Kohl's Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.50 dividend on an annualized basis and a yield of 5.80%. Kohl's's dividend payout ratio is currently 51.02%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on KSS. TD Cowen dropped their target price on shares of Kohl's from $20.00 to $16.00 and set a "hold" rating on the stock in a research note on Wednesday, November 27th. Guggenheim downgraded Kohl's from a "buy" rating to a "neutral" rating in a research note on Monday, December 2nd. JPMorgan Chase & Co. decreased their price target on Kohl's from $11.00 to $9.00 and set an "underweight" rating for the company in a research note on Tuesday, March 11th. Robert W. Baird dropped their price objective on Kohl's from $18.00 to $11.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Finally, Jefferies Financial Group decreased their target price on Kohl's from $15.00 to $12.00 and set a "hold" rating for the company in a research 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's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $12.10.

Insider Buying and Selling at Kohl's

In related news, EVP Feeney Siobhan Mc sold 3,827 shares of the company's stock in a transaction dated Friday, January 3rd. The shares were 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 directly 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 transaction 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.

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.