Kohl's Co. (NYSE:KSS) Shares Acquired by Quadrature Capital Ltd

Quadrature Capital Ltd grew its position in shares of Kohl's Co. (NYSE:KSS - Free Report) by 151.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,744 shares of the company's stock after purchasing an additional 40,238 shares during the period. Quadrature Capital Ltd owned 0.06% of Kohl's worth $1,408,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Brown Brothers Harriman & Co. grew its stake in Kohl's by 183.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company's stock worth $30,000 after acquiring an additional 917 shares during the period. Security National Bank acquired a new position in Kohl's in the second quarter valued at $34,000. Farther Finance Advisors LLC lifted its position in Kohl's by 117.5% during the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company's stock worth $40,000 after buying an additional 1,034 shares during the period. CWM LLC boosted its stake in Kohl's by 97.1% in the 2nd quarter. CWM LLC now owns 1,924 shares of the company's stock worth $44,000 after buying an additional 948 shares during the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new stake in Kohl's in the 2nd quarter worth about $49,000. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

KSS has been the subject of a number of research analyst reports. JPMorgan Chase & Co. downgraded shares of Kohl's from a "neutral" rating to an "underweight" rating and set a $19.00 price objective for the company. in a research note on Thursday, August 29th. Robert W. Baird downgraded shares of 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 research note on Wednesday, November 27th. Baird R W cut shares of Kohl's from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 27th. Guggenheim lowered Kohl's from a "buy" rating to a "neutral" rating in a research report on Monday, December 2nd. Finally, Evercore ISI lowered their price target on Kohl's from $22.00 to $20.00 and set an "in-line" rating for the company in a research report on Thursday, August 29th. Three equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $17.22.

Kohl's Stock Down 0.5 %

NYSE:KSS traded down $0.08 during mid-day trading on Friday, hitting $15.31. The company had a trading volume of 10,521,707 shares, compared to its average volume of 11,698,710. Kohl's Co. has a 1 year low of $14.22 and a 1 year high of $29.60. The business has a fifty day simple moving average of $18.17 and a 200-day simple moving average of $20.20. 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 has a market capitalization of $1.70 billion, a price-to-earnings ratio of 6.90, a PEG ratio of 1.47 and a beta of 1.88.

Kohl's (NYSE:KSS - Get Free Report) last announced its 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 net margin of 1.47% and a return on equity of 6.44%. The company had revenue of $3.71 billion for the quarter, compared to analysts' expectations of $3.64 billion. During the same quarter in the previous year, the business posted $0.53 earnings per share. The business's quarterly revenue was down 8.5% compared to the same quarter last year. Equities analysts forecast that Kohl's Co. will post 1.3 earnings per share for the current fiscal year.

Kohl's Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 13.06%. The ex-dividend date is Wednesday, December 11th. Kohl's's payout ratio is 90.09%.

Insider Buying and Selling

In other Kohl's news, EVP Feeney Siobhan Mc sold 16,367 shares of the company's stock in a transaction that occurred on Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total value of $315,392.09. Following the transaction, the executive vice president now directly owns 136,799 shares of the company's stock, valued at $2,636,116.73. This represents a 10.69 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.86% of the stock is currently owned by 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.