Engineers Gate Manager LP Takes Position in Kohl's Co. (KSS)

Engineers Gate Manager LP acquired a new stake in Kohl's Co. (NYSE:KSS) during the fourth quarter, HoldingsChannel reports. The fund acquired 72,763 shares of the company’s stock, valued at approximately $3,946,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cerebellum GP LLC acquired a new position in Kohl's in the fourth quarter valued at approximately $121,000. VNBTrust National Association acquired a new position in Kohl's during the fourth quarter worth $212,000. Raymond James Trust N.A. acquired a new position in Kohl's during the third quarter worth $200,000. Eads & Heald Investment Counsel acquired a new position in Kohl's during the fourth quarter worth $239,000. Finally, Keybank National Association OH acquired a new position in Kohl's during the third quarter worth $207,000.

KSS has been the topic of a number of research reports. Gordon Haskett upgraded Kohl's from a “hold” rating to an “accumulate” rating in a research note on Thursday, November 9th. Zacks Investment Research upgraded Kohl's from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a research note on Tuesday, January 9th. Robert W. Baird restated a “buy” rating and set a $61.00 price target on shares of Kohl's in a research note on Tuesday, January 9th. ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Jefferies Group restated a “buy” rating on shares of Kohl's in a research note on Monday, December 18th. Five investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. Kohl's has an average rating of “Hold” and a consensus price target of $54.81.

Shares of Kohl's Co. (KSS) opened at $63.47 on Friday. Kohl's Co. has a 12-month low of $35.16 and a 12-month high of $69.14. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. The firm has a market capitalization of $10,660.00, a price-to-earnings ratio of 16.84, a PEG ratio of 2.38 and a beta of 1.35.

Kohl's (NYSE:KSS) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The company had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.30 billion. During the same period in the prior year, the company posted $0.80 EPS. The firm’s revenue was up .1% compared to the same quarter last year. research analysts forecast that Kohl's Co. will post 4.08 EPS for the current fiscal year.

In related news, Director Stephanie A. Streeter sold 4,173 shares of the stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the transaction, the director now owns 21,960 shares of the company’s stock, valued at $1,182,546. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonas Prising bought 4,725 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average cost of $42.35 per share, for a total transaction of $200,103.75. Following the acquisition, the director now directly owns 8,661 shares of the company’s stock, valued at $366,793.35. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by corporate insiders.

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Kohl's Profile

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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Institutional Ownership by Quarter for Kohl's (NYSE:KSS)

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