WINTON GROUP Ltd Acquires New Position in Kohl's Co. (NYSE:KSS)

WINTON GROUP Ltd acquired a new stake in Kohl's Co. (NYSE:KSS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 74,800 shares of the company's stock, valued at approximately $1,050,000. WINTON GROUP Ltd owned about 0.07% of Kohl's at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of KSS. Tyler Stone Wealth Management purchased a new position in Kohl's in the fourth quarter valued at $195,000. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Kohl's by 9.8% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 617,217 shares of the company's stock valued at $8,666,000 after acquiring an additional 55,125 shares during the last quarter. LPL Financial LLC raised its position in shares of Kohl's by 45.9% during the 4th quarter. LPL Financial LLC now owns 65,235 shares of the company's stock worth $916,000 after acquiring an additional 20,537 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in Kohl's during the fourth quarter worth approximately $907,000. Finally, KLP Kapitalforvaltning AS acquired a new position in Kohl's in the fourth quarter valued at approximately $327,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KSS has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Kohl's from $10.00 to $5.00 and set a "sell" rating for the company in a research report on Wednesday, March 12th. Morgan Stanley cut their target price on Kohl's from $10.00 to $8.00 and set an "underweight" rating on the stock in a research report on Wednesday, March 12th. Bank of America decreased their target price on Kohl's from $15.00 to $8.00 and set an "underperform" rating for the company in a research report on Wednesday, March 12th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $13.00 price target on shares of Kohl's in a research report on Tuesday, March 11th. Finally, The Goldman Sachs Group lowered their target price on shares of 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 equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $12.10.

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Insider Activity at Kohl's

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the business's stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the completion of the transaction, the executive vice president now directly owns 133,091 shares of the company's stock, valued at $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.86% of the stock is owned by corporate insiders.

Kohl's Price Performance

KSS traded down $0.27 on Monday, hitting $8.20. 8,556,168 shares of the company were exchanged, compared to its average volume of 7,800,306. The business's fifty day moving average is $11.31 and its 200 day moving average is $14.97. Kohl's Co. has a fifty-two week low of $7.96 and a fifty-two week high of $29.60. 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 market capitalization of $912.52 million, a P/E ratio of 3.69 and a beta of 1.92.

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

Kohl's Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 21st will be given a dividend of $0.125 per share. The ex-dividend date is Friday, March 21st. This represents a $0.50 annualized dividend and a dividend yield of 6.10%. Kohl's's dividend payout ratio is currently 51.02%.

Kohl's 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.