Kohl’s Co. (NYSE:KSS) Stock Holdings Lessened by Edgestream Partners L.P.

Edgestream Partners L.P. lessened its holdings in shares of Kohl’s Co. (NYSE:KSS) by 19.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 71,512 shares of the company’s stock after selling 17,512 shares during the period. Edgestream Partners L.P. owned 0.06% of Kohl’s worth $1,509,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Pacer Advisors Inc. grew its holdings in shares of Kohl’s by 149.3% during the third quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after purchasing an additional 9,925,878 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Kohl’s during the 3rd quarter worth $735,000. Victory Capital Management Inc. grew its stake in Kohl’s by 226.4% during the 3rd quarter. Victory Capital Management Inc. now owns 137,531 shares of the company’s stock worth $2,902,000 after buying an additional 95,398 shares during the last quarter. Hexagon Capital Partners LLC increased its position in Kohl’s by 49.9% in the second quarter. Hexagon Capital Partners LLC now owns 3,848 shares of the company’s stock worth $88,000 after buying an additional 1,281 shares during the period. Finally, Texas Capital Bank Wealth Management Services Inc lifted its stake in Kohl’s by 100.0% in the second quarter. Texas Capital Bank Wealth Management Services Inc now owns 80,000 shares of the company’s stock valued at $1,839,000 after buying an additional 40,000 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Stock Down 1.2 %

KSS opened at $15.25 on Wednesday. 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 company has a market capitalization of $1.70 billion, a PE ratio of 6.87, a P/E/G ratio of 1.48 and a beta of 1.88. The stock’s fifty day moving average is $18.47 and its 200-day moving average is $20.39. Kohl’s Co. has a one year low of $14.22 and a one year high of $29.60.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. Kohl’s’s revenue was down 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.53 earnings per share. On average, equities analysts predict that Kohl’s Co. will post 1.3 EPS for the current fiscal year.

Kohl’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 13.11%. The ex-dividend date of this dividend is Wednesday, December 11th. Kohl’s’s dividend payout ratio (DPR) is currently 90.09%.

Insider Activity

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of Kohl’s stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total transaction of $315,392.09. Following the transaction, the executive vice president now owns 136,799 shares in the company, valued at approximately $2,636,116.73. The trade was a 10.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.86% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

KSS has been the topic of a number of analyst reports. Citigroup dropped their price objective on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Telsey Advisory Group cut their price target on Kohl’s from $23.00 to $17.00 and set a “market perform” rating on the stock in a report on Wednesday, November 27th. Guggenheim downgraded Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday. Baird R W cut Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Robert W. Baird lowered Kohl’s from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $25.00 to $18.00 in a research report on Wednesday, November 27th. Three investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Based on data from MarketBeat, Kohl’s presently has a consensus rating of “Hold” and a consensus price target of $17.22.

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.