Kohl’s Co. (NYSE:KSS) Shares Sold by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC trimmed its position in shares of Kohl’s Co. (NYSE:KSS) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 312,001 shares of the company’s stock after selling 16,498 shares during the period. Kohl’s makes up about 1.7% of Gilman Hill Asset Management LLC’s holdings, making the stock its 14th biggest holding. Gilman Hill Asset Management LLC owned 0.28% of Kohl’s worth $8,948,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. BKM Wealth Management LLC acquired a new stake in shares of Kohl’s during the 4th quarter worth $68,000. Versant Capital Management Inc increased its holdings in shares of Kohl’s by 392.4% during the 4th quarter. Versant Capital Management Inc now owns 1,694 shares of the company’s stock worth $49,000 after buying an additional 1,350 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Kohl’s by 80.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 40,984 shares of the company’s stock worth $859,000 after buying an additional 18,241 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Kohl’s by 38.5% during the 3rd quarter. American Century Companies Inc. now owns 1,686,202 shares of the company’s stock worth $35,343,000 after buying an additional 468,602 shares during the last quarter. Finally, Graham Capital Management L.P. increased its holdings in shares of Kohl’s by 115.8% during the 3rd quarter. Graham Capital Management L.P. now owns 53,994 shares of the company’s stock worth $1,132,000 after buying an additional 28,975 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on KSS. Telsey Advisory Group increased their price target on Kohl’s from $25.00 to $28.00 and gave the company a “market perform” rating in a report on Wednesday, March 13th. StockNews.com upgraded Kohl’s from a “hold” rating to a “buy” rating in a report on Wednesday, March 13th. Citigroup lowered their price target on Kohl’s from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, March 13th. TD Cowen increased their price target on Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a report on Wednesday, March 13th. Finally, JPMorgan Chase & Co. increased their price target on Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $24.78.

Kohl’s Stock Up 0.9 %

Shares of KSS stock traded up $0.23 during trading hours on Monday, hitting $25.04. 6,363,176 shares of the company were exchanged, compared to its average volume of 5,353,730. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.12 and a current ratio of 1.31. Kohl’s Co. has a one year low of $17.68 and a one year high of $29.65. The business’s 50-day simple moving average is $26.79 and its two-hundred day simple moving average is $24.68. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 8.79, a P/E/G ratio of 1.37 and a beta of 1.98.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, March 12th. The company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.28 by $0.39. Kohl’s had a net margin of 1.81% and a return on equity of 8.40%. The business had revenue of $5.71 billion for the quarter, compared to analysts’ expectations of $5.80 billion. During the same quarter last year, the company posted ($2.49) earnings per share. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. Sell-side analysts predict that Kohl’s Co. will post 2.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 20th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, March 19th. This represents a $2.00 annualized dividend and a dividend yield of 7.99%. Kohl’s’s payout ratio is currently 70.18%.

Kohl’s Profile

Kohl's Corporation operates as a 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 Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.