Chicago Equity Partners LLC lowered its stake in shares of Kohl’s Co. (NYSE:KSS) by 11.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,320 shares of the company’s stock after selling 9,055 shares during the quarter. Chicago Equity Partners LLC’s holdings in Kohl’s were worth $4,532,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in KSS. We Are One Seven LLC bought a new position in Kohl’s during the fourth quarter worth $47,000. Capital Investment Advisory Services LLC bought a new position in Kohl’s during the fourth quarter worth $51,000. Daiwa SB Investments Ltd. lifted its stake in Kohl’s by 26.3% during the fourth quarter. Daiwa SB Investments Ltd. now owns 1,010 shares of the company’s stock worth $67,000 after purchasing an additional 210 shares during the last quarter. Financial Gravity Companies Inc. bought a new position in Kohl’s during the fourth quarter worth $67,000. Finally, CWM LLC lifted its stake in Kohl’s by 66.5% during the fourth quarter. CWM LLC now owns 1,164 shares of the company’s stock worth $77,000 after purchasing an additional 465 shares during the last quarter.
KSS stock opened at $64.37 on Tuesday. The company has a current ratio of 1.58, a quick ratio of 0.37 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $10.71 billion, a price-to-earnings ratio of 15.36, a P/E/G ratio of 1.71 and a beta of 0.83. Kohl’s Co. has a 1 year low of $57.89 and a 1 year high of $83.28.
Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, November 20th. The company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. The company had revenue of $4.37 billion for the quarter, compared to analysts’ expectations of $4.36 billion. Kohl’s had a return on equity of 16.06% and a net margin of 4.94%. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period last year, the business posted $0.70 earnings per share. As a group, analysts predict that Kohl’s Co. will post 5.54 EPS for the current year.
Several equities analysts recently issued reports on the company. Cowen restated a “buy” rating and set a $82.00 price objective on shares of Kohl’s in a research note on Wednesday, November 21st. Credit Suisse Group reduced their price objective on Kohl’s from $78.00 to $67.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 21st. Piper Jaffray Companies set a $68.00 price objective on Kohl’s and gave the stock a “hold” rating in a research note on Wednesday, November 21st. Bank of America set a $80.00 price objective on Kohl’s and gave the stock a “buy” rating in a research note on Tuesday, November 20th. Finally, OTR Global upgraded Kohl’s to a “positive” rating in a research note on Friday, November 2nd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the stock. Kohl’s presently has an average rating of “Hold” and a consensus target price of $75.53.
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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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