Systematic Financial Management LP Boosts Stake in Kohl’s Co. (KSS)

Systematic Financial Management LP raised its stake in Kohl’s Co. (NYSE:KSS) by 8.2% in the first quarter, Holdings Channel reports. The fund owned 54,118 shares of the company’s stock after purchasing an additional 4,121 shares during the quarter. Systematic Financial Management LP’s holdings in Kohl’s were worth $3,722,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Truehand Inc acquired a new stake in Kohl’s during the 4th quarter valued at approximately $26,000. Loeb Partners Corp acquired a new stake in shares of Kohl’s during the 4th quarter worth approximately $28,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Kohl’s during the 1st quarter worth approximately $33,000. Princeton Capital Management LLC grew its position in shares of Kohl’s by 94.3% during the 1st quarter. Princeton Capital Management LLC now owns 544 shares of the company’s stock worth $37,000 after buying an additional 264 shares during the period. Finally, Liberty Wealth Management LLC acquired a new stake in shares of Kohl’s during the 4th quarter worth approximately $36,000.

Several brokerages have recently commented on KSS. Zacks Investment Research downgraded shares of Kohl’s from a “buy” rating to a “hold” rating in a research report on Tuesday. Bank of America reaffirmed a “buy” rating and set a $80.00 price objective on shares of Kohl’s in a research report on Wednesday, March 13th. Atlantic Securities raised shares of Kohl’s from an “underweight” rating to a “neutral” rating and set a $71.50 price objective for the company in a research report on Wednesday, March 6th. Finally, Guggenheim reaffirmed a “buy” rating and set a $80.00 price objective on shares of Kohl’s in a research report on Tuesday, March 5th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $75.58.



NYSE KSS opened at $65.50 on Wednesday. Kohl’s Co. has a 12-month low of $58.66 and a 12-month high of $83.28. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.77 and a quick ratio of 0.50. The firm has a market capitalization of $10.51 billion, a P/E ratio of 11.70, a price-to-earnings-growth ratio of 1.09 and a beta of 0.77.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.07. Kohl’s had a net margin of 3.95% and a return on equity of 16.97%. The business had revenue of $6.54 billion during the quarter, compared to the consensus estimate of $6.55 billion. During the same quarter last year, the firm posted $1.87 EPS. Kohl’s’s revenue was down 3.4% compared to the same quarter last year. On average, sell-side analysts expect that Kohl’s Co. will post 6.04 earnings per share for the current year.

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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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