Standard Life Aberdeen plc trimmed its position in shares of Kohl’s Co. (NYSE:KSS) by 5.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 521,136 shares of the company’s stock after selling 28,885 shares during the period. Standard Life Aberdeen plc owned about 0.31% of Kohl’s worth $38,850,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. LFA Lugano Financial Advisors SA acquired a new stake in shares of Kohl’s in the second quarter valued at about $106,000. MUFG Americas Holdings Corp grew its position in shares of Kohl’s by 280.0% in the second quarter. MUFG Americas Holdings Corp now owns 1,900 shares of the company’s stock valued at $139,000 after purchasing an additional 1,400 shares during the last quarter. Winslow Evans & Crocker Inc. grew its position in shares of Kohl’s by 125.8% in the third quarter. Winslow Evans & Crocker Inc. now owns 2,290 shares of the company’s stock valued at $172,000 after purchasing an additional 1,276 shares during the last quarter. HighPoint Advisor Group LLC acquired a new stake in shares of Kohl’s in the third quarter valued at about $182,000. Finally, Harvest Fund Management Co. Ltd grew its position in shares of Kohl’s by 39.2% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,551 shares of the company’s stock valued at $190,000 after purchasing an additional 718 shares during the last quarter.
KSS stock opened at $67.17 on Monday. Kohl’s Co. has a twelve month low of $46.05 and a twelve month high of $83.28. The stock has a market cap of $11.20 billion, a P/E ratio of 16.03, a PEG ratio of 1.83 and a beta of 1.10. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.37 and a current ratio of 1.58.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 26th. Shareholders of record on Wednesday, December 12th will be issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date is Tuesday, December 11th. Kohl’s’s payout ratio is 58.23%.
Several equities research analysts have recently issued reports on KSS shares. Zacks Investment Research downgraded Kohl’s from a “buy” rating to a “hold” rating in a research report on Thursday, August 23rd. ValuEngine downgraded Kohl’s from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. Wedbush started coverage on Kohl’s in a research report on Friday, August 10th. They issued a “neutral” rating and a $75.00 price target on the stock. Guggenheim reaffirmed a “buy” rating and issued a $85.00 price target on shares of Kohl’s in a research report on Tuesday, August 21st. Finally, OTR Global raised Kohl’s to a “positive” rating in a research report on Friday, November 2nd. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the company’s stock. Kohl’s presently has an average rating of “Hold” and an average target price of $77.25.
In other Kohl’s news, President Sona Chawla sold 27,223 shares of Kohl’s stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $80.92, for a total transaction of $2,202,885.16. Following the sale, the president now directly owns 253,021 shares of the company’s stock, valued at $20,474,459.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard D. Schepp sold 21,584 shares of Kohl’s stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $81.75, for a total value of $1,764,492.00. The disclosure for this sale can be found here. Insiders have sold 75,788 shares of company stock worth $6,104,331 over the last ninety days. Company insiders own 1.20% of the company’s stock.
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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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