Barings LLC Raises Holdings in Kohl’s Co. (KSS)

Barings LLC grew its position in shares of Kohl’s Co. (NYSE:KSS) by 183.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,791 shares of the company’s stock after purchasing an additional 22,500 shares during the quarter. Barings LLC’s holdings in Kohl’s were worth $2,594,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the business. Providence First Trust Co acquired a new stake in Kohl’s in the third quarter valued at about $559,000. Alps Advisors Inc. increased its holdings in Kohl’s by 2.4% in the third quarter. Alps Advisors Inc. now owns 619,961 shares of the company’s stock valued at $46,218,000 after buying an additional 14,599 shares in the last quarter. Balasa Dinverno & Foltz LLC purchased a new position in Kohl’s in the third quarter valued at about $222,000. HighPoint Advisor Group LLC purchased a new position in Kohl’s in the third quarter valued at about $182,000. Finally, Calamos Advisors LLC purchased a new position in Kohl’s in the third quarter valued at about $649,000.

A number of research analysts have issued reports on KSS shares. Cowen reaffirmed a “buy” rating and issued a $90.00 target price on shares of Kohl’s in a report on Thursday, August 16th. Zacks Investment Research raised shares of Kohl’s from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a report on Tuesday, July 24th. ValuEngine cut shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Wedbush started coverage on shares of Kohl’s in a report on Friday, August 10th. They issued a “neutral” rating and a $75.00 target price for the company. Finally, Guggenheim reaffirmed a “buy” rating and issued a $85.00 target price on shares of Kohl’s in a report on Tuesday, August 21st. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $78.20.



Shares of KSS opened at $78.42 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 0.53. Kohl’s Co. has a 1-year low of $37.97 and a 1-year high of $82.42. The company has a market cap of $12.30 billion, a PE ratio of 18.72, a price-to-earnings-growth ratio of 2.03 and a beta of 1.30.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, August 21st. The company reported $1.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.12. Kohl’s had a net margin of 4.79% and a return on equity of 15.55%. The business had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same period last year, the company posted $1.24 EPS. The company’s revenue was up 4.0% on a year-over-year basis. As a group, sell-side analysts expect that Kohl’s Co. will post 5.46 earnings per share for the current fiscal year.

In other Kohl’s news, Director Stephanie A. Streeter sold 4,776 shares of Kohl’s stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $81.50, for a total value of $389,244.00. Following the completion of the sale, the director now directly owns 24,860 shares of the company’s stock, valued at approximately $2,026,090. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Sona Chawla sold 27,223 shares of Kohl’s stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $80.92, for a total transaction of $2,202,885.16. Following the completion of the sale, the president now directly owns 253,021 shares of the company’s stock, valued at $20,474,459.32. The disclosure for this sale can be found here. Over the last three months, insiders have sold 75,788 shares of company stock valued at $6,104,331. Corporate insiders own 1.20% of the company’s stock.

Kohl’s Company Profile

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Institutional Ownership by Quarter for Kohl`s (NYSE:KSS)

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