Kohl’s Co. (NYSE:KSS) Shares Sold by Insight Folios Inc

Insight Folios Inc lowered its holdings in Kohl’s Co. (NYSE:KSS) by 6.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,175 shares of the company’s stock after selling 1,683 shares during the period. Insight Folios Inc’s holdings in Kohl’s were worth $705,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. CWM LLC raised its position in shares of Kohl’s by 59.7% in the 4th quarter. CWM LLC now owns 1,145 shares of the company’s stock valued at $33,000 after purchasing an additional 428 shares in the last quarter. Hexagon Capital Partners LLC raised its holdings in Kohl’s by 133.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock valued at $40,000 after acquiring an additional 802 shares in the last quarter. GAMMA Investing LLC bought a new position in Kohl’s during the 4th quarter valued at $46,000. Versant Capital Management Inc grew its holdings in Kohl’s by 392.4% during the 4th quarter. Versant Capital Management Inc now owns 1,694 shares of the company’s stock worth $49,000 after acquiring an additional 1,350 shares in the last quarter. Finally, Register Financial Advisors LLC bought a new stake in shares of Kohl’s in the 1st quarter worth about $54,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Stock Performance

KSS traded up $0.18 during trading on Thursday, reaching $21.46. 2,298,493 shares of the company were exchanged, compared to its average volume of 5,467,949. Kohl’s Co. has a 52 week low of $17.68 and a 52 week high of $29.65. The company has a current ratio of 1.21, a quick ratio of 0.19 and a debt-to-equity ratio of 1.12. The firm has a 50 day moving average of $23.85 and a 200 day moving average of $25.64. The stock has a market cap of $2.39 billion, a P/E ratio of 8.65, a PEG ratio of 1.93 and a beta of 1.95.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Thursday, May 30th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.28). The firm had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.41 billion. Kohl’s had a return on equity of 7.27% and a net margin of 1.60%. The firm’s revenue was down 10.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 EPS. On average, sell-side analysts forecast that Kohl’s Co. will post 1.38 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 12th were given a dividend of $0.50 per share. The ex-dividend date was Wednesday, June 12th. This represents a $2.00 annualized dividend and a dividend yield of 9.32%. Kohl’s’s dividend payout ratio is presently 80.65%.

Analysts Set New Price Targets

Several brokerages have recently commented on KSS. Robert W. Baird reduced their price target on shares of Kohl’s from $32.00 to $27.00 and set an “outperform” rating on the stock in a research report on Friday, May 31st. JPMorgan Chase & Co. reduced their target price on Kohl’s from $25.00 to $20.00 and set a “neutral” rating on the stock in a report on Friday, May 31st. Citigroup lowered 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. Morgan Stanley raised their price objective on Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, March 21st. Finally, Evercore ISI lowered their target price on shares of Kohl’s from $24.00 to $22.00 and set an “in-line” rating for the company in a research note on Friday, May 31st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Kohl’s currently has a consensus rating of “Hold” and an average price target of $22.44.

About Kohl’s

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.