Guggenheim Capital LLC increased its position in shares of Kohl's Co. (NYSE:KSS) by 11.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,153,201 shares of the company’s stock after acquiring an additional 119,594 shares during the quarter. Guggenheim Capital LLC owned approximately 0.69% of Kohl's worth $62,537,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in KSS. Nationwide Fund Advisors boosted its holdings in shares of Kohl's by 2.5% in the 3rd quarter. Nationwide Fund Advisors now owns 71,221 shares of the company’s stock valued at $3,251,000 after purchasing an additional 1,770 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Kohl's by 34.8% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 21,121 shares of the company’s stock valued at $964,000 after purchasing an additional 5,454 shares during the last quarter. State of Wisconsin Investment Board boosted its holdings in shares of Kohl's by 10.1% in the 3rd quarter. State of Wisconsin Investment Board now owns 174,501 shares of the company’s stock valued at $7,966,000 after purchasing an additional 16,069 shares during the last quarter. Prudential Financial Inc. boosted its holdings in shares of Kohl's by 15.8% in the 3rd quarter. Prudential Financial Inc. now owns 791,257 shares of the company’s stock valued at $36,121,000 after purchasing an additional 108,140 shares during the last quarter. Finally, Keybank National Association OH acquired a new position in shares of Kohl's in the 3rd quarter valued at $207,000.
In related news, Director Stephanie A. Streeter sold 4,173 shares of Kohl's stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the sale, the director now owns 21,960 shares of the company’s stock, valued at approximately $1,182,546. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter Boneparth sold 7,500 shares of Kohl's stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $66.18, for a total transaction of $496,350.00. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
Shares of Kohl's Co. (KSS) opened at $64.11 on Wednesday. Kohl's Co. has a one year low of $35.16 and a one year high of $69.48. The stock has a market cap of $10,589.34, a price-to-earnings ratio of 15.01, a P/E/G ratio of 1.80 and a beta of 1.27. The company has a current ratio of 2.01, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81.
Kohl's (NYSE:KSS) last released its quarterly earnings results on Thursday, March 1st. The company reported $1.87 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.77 by $0.10. Kohl's had a net margin of 4.50% and a return on equity of 13.73%. The firm had revenue of $6.78 billion for the quarter, compared to the consensus estimate of $6.74 billion. During the same quarter in the previous year, the firm posted $1.44 EPS. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. analysts expect that Kohl's Co. will post 5.25 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Wednesday, March 14th will be paid a dividend of $0.61 per share. This is an increase from Kohl's’s previous quarterly dividend of $0.55. The ex-dividend date is Tuesday, March 13th. This represents a $2.44 annualized dividend and a yield of 3.81%. Kohl's’s payout ratio is 42.80%.
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Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.
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