Kohl's Co. (NYSE:KSS) Shares Bought by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd increased its stake in Kohl's Co. (NYSE:KSS - Free Report) by 6,264.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,263 shares of the company's stock after purchasing an additional 41,599 shares during the quarter. Aster Capital Management DIFC Ltd's holdings in Kohl's were worth $593,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Dana Investment Advisors Inc. boosted its stake in shares of Kohl's by 56.7% in the 4th quarter. Dana Investment Advisors Inc. now owns 253,151 shares of the company's stock worth $3,554,000 after buying an additional 91,590 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Kohl's by 155.1% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 943,415 shares of the company's stock valued at $13,246,000 after purchasing an additional 573,579 shares during the last quarter. Hussman Strategic Advisors Inc. lifted its stake in shares of Kohl's by 66.7% in the 4th quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company's stock worth $1,474,000 after purchasing an additional 42,000 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of 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 buying an additional 55,540 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Kohl's by 117.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 467,030 shares of the company's stock valued at $6,557,000 after buying an additional 252,006 shares during the period. Institutional investors own 98.04% of the company's stock.

Kohl's Stock Down 1.7 %

NYSE KSS traded down $0.12 on Friday, hitting $6.73. The stock had a trading volume of 10,930,163 shares, compared to its average volume of 8,251,721. The business's fifty day moving average price is $9.85 and its 200 day moving average price is $14.04. The stock has a market cap of $748.65 million, a price-to-earnings ratio of 3.03 and a beta of 1.65. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. Kohl's Co. has a 52-week low of $6.04 and a 52-week high of $28.25.

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

Kohl's Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 21st were paid a $0.125 dividend. The ex-dividend date was Friday, March 21st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 7.43%. Kohl's's payout ratio is currently 51.02%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on KSS shares. Robert W. Baird dropped their price target on shares of Kohl's from $18.00 to $11.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 12th. Bank of America cut their price target on Kohl's from $15.00 to $8.00 and set an "underperform" rating for the company in a report on Wednesday, March 12th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $10.00 price objective on shares of Kohl's in a research note on Tuesday, April 1st. The Goldman Sachs Group cut their price objective on Kohl's from $13.00 to $11.25 and set a "sell" rating for the company in a research note on Tuesday, March 4th. Finally, Citigroup decreased their target price on shares of Kohl's from $11.00 to $8.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. Six equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company's stock. According to MarketBeat, Kohl's currently has an average rating of "Hold" and a consensus target price of $11.87.

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.