International Assets Investment Management LLC Has $11.52 Million Position in Kohl's Co. (NYSE:KSS)

International Assets Investment Management LLC raised its stake in Kohl's Co. (NYSE:KSS - Free Report) by 109.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 546,070 shares of the company's stock after buying an additional 285,070 shares during the quarter. International Assets Investment Management LLC owned 0.49% of Kohl's worth $11,522,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KSS. Signaturefd LLC raised its holdings in Kohl's by 14.1% in the third quarter. Signaturefd LLC now owns 3,965 shares of the company's stock worth $84,000 after purchasing an additional 491 shares during the period. Venture Visionary Partners LLC acquired a new stake in Kohl's during the 3rd quarter worth $995,000. Blue Trust Inc. raised its stake in Kohl's by 1,756.0% during the 3rd quarter. Blue Trust Inc. now owns 3,842 shares of the company's stock worth $88,000 after buying an additional 3,635 shares during the period. Paragon Capital Management Inc. bought a new position in Kohl's during the third quarter worth about $1,801,000. Finally, Gilman Hill Asset Management LLC grew its stake in Kohl's by 4.3% in the third quarter. Gilman Hill Asset Management LLC now owns 333,786 shares of the company's stock valued at $7,043,000 after acquiring an additional 13,716 shares during the period. Institutional investors own 98.04% of the company's stock.

Insiders Place Their Bets

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of Kohl's stock in a transaction dated Thursday, October 3rd. The shares were 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 of the company's stock, valued at $2,636,116.73. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.86% of the company's stock.

Analysts Set New Price Targets

KSS has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut Kohl's from a "neutral" rating to an "underweight" rating and set a $19.00 price objective on the stock. in a report on Thursday, August 29th. Evercore ISI cut their price target on shares of Kohl's from $22.00 to $20.00 and set an "in-line" rating on the stock in a research note on Thursday, August 29th. Morgan Stanley downgraded shares of Kohl's to an "underweight" rating and lowered their price objective for the stock from $18.00 to $17.00 in a research report on Tuesday, August 27th. TD Cowen cut shares of Kohl's from a "buy" rating to a "hold" rating and cut their price objective for the company from $25.00 to $21.00 in a research report on Friday, August 30th. Finally, Telsey Advisory Group reiterated a "market perform" rating and set a $23.00 target price on shares of Kohl's in a report on Wednesday, August 28th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $21.29.

Kohl's Stock Down 1.2 %

Shares of Kohl's stock traded down $0.23 during trading hours on Thursday, reaching $18.48. 5,723,931 shares of the company's stock were exchanged, compared to its average volume of 5,952,558. The stock has a market cap of $2.06 billion, a P/E ratio of 7.25, a P/E/G ratio of 1.41 and a beta of 1.93. The company has a 50 day moving average of $19.59 and a two-hundred day moving average of $21.59. The company has a current ratio of 1.08, a quick ratio of 0.16 and a debt-to-equity ratio of 0.98. Kohl's Co. has a fifty-two week low of $17.89 and a fifty-two week high of $29.60.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.46 by $0.13. The firm had revenue of $3.53 billion during the quarter, compared to analysts' expectations of $3.69 billion. Kohl's had a return on equity of 7.43% and a net margin of 1.66%. The business's quarterly revenue was down 4.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.52 earnings per share. On average, sell-side analysts forecast that Kohl's Co. will post 1.8 EPS for the current fiscal year.

Kohl's Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $2.00 dividend on an annualized basis and a yield of 10.82%. Kohl's's payout ratio is 78.43%.

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.