Kohl’s Co. (NYSE:KSS) Shares Sold by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd cut its stake in shares of Kohl’s Co. (NYSE:KSS) by 76.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,723 shares of the company’s stock after selling 70,573 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Kohl’s were worth $623,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in KSS. Headlands Technologies LLC acquired a new position in Kohl’s during the third quarter worth about $25,000. CWM LLC grew its holdings in shares of Kohl’s by 59.7% in the 4th quarter. CWM LLC now owns 1,145 shares of the company’s stock worth $33,000 after acquiring an additional 428 shares during the period. Hexagon Capital Partners LLC increased its stake in Kohl’s by 133.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock valued at $40,000 after purchasing an additional 802 shares in the last quarter. Huntington National Bank boosted its position in Kohl’s by 56.1% during the third quarter. Huntington National Bank now owns 2,081 shares of the company’s stock worth $44,000 after purchasing an additional 748 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new stake in Kohl’s in the fourth quarter valued at $46,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Trading Up 2.1 %

NYSE KSS opened at $26.15 on Friday. The company has a market cap of $2.90 billion, a P/E ratio of 9.18, a P/E/G ratio of 1.43 and a beta of 2.01. Kohl’s Co. has a 12 month low of $17.68 and a 12 month high of $29.65. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.31 and a quick ratio of 0.20. The company has a 50-day moving average of $25.19 and a 200-day moving average of $25.85.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, March 12th. The company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.28 by $0.39. The firm had revenue of $5.71 billion during the quarter, compared to analyst estimates of $5.80 billion. Kohl’s had a net margin of 1.81% and a return on equity of 8.40%. Kohl’s’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($2.49) earnings per share. As a group, equities analysts predict that Kohl’s Co. will post 2.24 earnings per share for the current year.

Kohl’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 12th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.65%. The ex-dividend date is Wednesday, June 12th. Kohl’s’s dividend payout ratio is currently 70.18%.

Analysts Set New Price Targets

Several research firms have recently issued reports on KSS. Telsey Advisory Group reaffirmed a “market perform” rating and set a $28.00 price target on shares of Kohl’s in a research note on Thursday. TD Cowen upped their price target on shares of Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a report on Wednesday, March 13th. Morgan Stanley lifted their price objective on Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a research report on Thursday, March 21st. JPMorgan Chase & Co. increased their target price on Kohl’s from $21.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, May 17th. Finally, Citigroup cut their price target on Kohl’s from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, March 13th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $24.60.

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.