Silverleafe Capital Partners LLC Takes Position in Kohl’s Co. (NYSE:KSS)

Silverleafe Capital Partners LLC acquired a new stake in shares of Kohl’s Co. (NYSE:KSS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $140,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. lifted its holdings in shares of Kohl’s by 149.3% during the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after buying an additional 9,925,878 shares during the period. FMR LLC lifted its holdings in Kohl’s by 10.8% in the third quarter. FMR LLC now owns 7,576,274 shares of the company’s stock valued at $159,859,000 after acquiring an additional 740,398 shares during the period. Dimensional Fund Advisors LP boosted its position in Kohl’s by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 6,434,081 shares of the company’s stock worth $147,923,000 after purchasing an additional 52,126 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Kohl’s by 26.3% during the 2nd quarter. American Century Companies Inc. now owns 3,093,773 shares of the company’s stock valued at $71,126,000 after purchasing an additional 643,913 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of Kohl’s by 348.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company’s stock valued at $50,118,000 after purchasing an additional 1,694,162 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on KSS shares. Citigroup cut their target price on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research report on Wednesday, November 27th. Telsey Advisory Group cut their price objective on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, November 27th. Robert W. Baird cut Kohl’s from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $25.00 to $18.00 in a report on Wednesday, November 27th. Morgan Stanley cut their price target on Kohl’s from $17.00 to $15.00 and set an “underweight” rating for the company in a report on Monday, November 25th. Finally, TD Cowen decreased their price objective on Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a research note on Wednesday, November 27th. Three investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to MarketBeat.com, Kohl’s has a consensus rating of “Hold” and an average target price of $17.22.

Kohl’s Price Performance

Shares of NYSE KSS traded up $0.13 during mid-day trading on Monday, reaching $14.25. The company’s stock had a trading volume of 3,423,363 shares, compared to its average volume of 5,055,422. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. Kohl’s Co. has a 52 week low of $13.65 and a 52 week high of $29.60. The stock has a fifty day moving average of $16.01 and a two-hundred day moving average of $18.90. The firm has a market capitalization of $1.59 billion, a PE ratio of 6.42, a P/E/G ratio of 1.38 and a beta of 1.87.

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

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were paid a dividend of $0.50 per share. The ex-dividend date was Wednesday, December 11th. This represents a $2.00 annualized dividend and a yield of 14.04%. Kohl’s’s payout ratio is 90.09%.

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.