Kohl's Co. (NYSE:KSS) Shares Sold by PARK CIRCLE Co

PARK CIRCLE Co lessened its holdings in shares of Kohl's Co. (NYSE:KSS - Free Report) by 42.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,000 shares of the company's stock after selling 56,360 shares during the period. PARK CIRCLE Co owned about 0.07% of Kohl's worth $1,053,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. SBI Securities Co. Ltd. purchased a new stake in Kohl's in the 4th quarter valued at about $26,000. Bogart Wealth LLC purchased a new stake in shares of Kohl's in the fourth quarter valued at approximately $35,000. Quarry LP grew its stake in Kohl's by 687.4% in the third quarter. Quarry LP now owns 4,858 shares of the company's stock worth $103,000 after purchasing an additional 4,241 shares in the last quarter. KBC Group NV increased its holdings in Kohl's by 58.5% during the 4th quarter. KBC Group NV now owns 5,347 shares of the company's stock worth $75,000 after purchasing an additional 1,974 shares during the period. Finally, Platinum Investment Management Ltd. raised its position in Kohl's by 30.7% during the 4th quarter. Platinum Investment Management Ltd. now owns 6,108 shares of the company's stock valued at $86,000 after purchasing an additional 1,436 shares in the last quarter. Institutional investors own 98.04% of the company's stock.

Kohl's Stock Performance

KSS stock traded down $0.24 during trading on Friday, reaching $6.60. The company had a trading volume of 5,330,958 shares, compared to its average volume of 8,223,375. The company has a market cap of $734.63 million, a price-to-earnings ratio of 2.96 and a beta of 1.65. Kohl's Co. has a twelve month low of $6.04 and a twelve month high of $28.25. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The firm has a 50-day simple moving average of $9.98 and a 200-day simple moving average of $14.13.

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

Kohl's Cuts Dividend

The company 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. This represents a $0.50 annualized dividend and a dividend yield of 7.58%. The ex-dividend date was Friday, March 21st. Kohl's's payout ratio is 51.02%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on KSS. Citigroup dropped their price target on Kohl's from $11.00 to $8.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. Robert W. Baird lowered their price target on shares of Kohl's from $18.00 to $11.00 and set a "neutral" rating for the company in a research report on Wednesday, March 12th. JPMorgan Chase & Co. dropped their price objective on shares of Kohl's from $11.00 to $9.00 and set an "underweight" rating on the stock in a research note on Tuesday, March 11th. Bank of America reduced their price objective on shares of Kohl's from $15.00 to $8.00 and set an "underperform" rating for the company in a research note on Wednesday, March 12th. Finally, The Goldman Sachs Group dropped their target price on Kohl's from $13.00 to $11.25 and set a "sell" rating on the stock in a research report on Tuesday, March 4th. Six investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus 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.