Kohl’s Co. (KSS) Holdings Decreased by Hancock Whitney Corp

Hancock Whitney Corp cut its holdings in Kohl’s Co. (NYSE:KSS) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 67,829 shares of the company’s stock after selling 1,852 shares during the quarter. Hancock Whitney Corp’s holdings in Kohl’s were worth $4,499,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in KSS. Oregon Public Employees Retirement Fund increased its stake in shares of Kohl’s by 5,066.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 7,708,774 shares of the company’s stock valued at $116,000 after buying an additional 7,559,552 shares in the last quarter. TIAA CREF Investment Management LLC increased its stake in shares of Kohl’s by 153.6% in the third quarter. TIAA CREF Investment Management LLC now owns 2,551,899 shares of the company’s stock valued at $190,244,000 after buying an additional 1,545,495 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Kohl’s by 18.0% in the third quarter. AQR Capital Management LLC now owns 7,606,249 shares of the company’s stock valued at $567,046,000 after buying an additional 1,162,802 shares in the last quarter. Teachers Advisors LLC increased its stake in shares of Kohl’s by 92.5% in the third quarter. Teachers Advisors LLC now owns 1,512,697 shares of the company’s stock valued at $112,772,000 after buying an additional 726,900 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its stake in shares of Kohl’s by 1,821.1% in the third quarter. Panagora Asset Management Inc. now owns 689,097 shares of the company’s stock valued at $51,372,000 after buying an additional 653,227 shares in the last quarter.

KSS has been the subject of a number of research reports. Telsey Advisory Group restated an “outperform” rating and issued a $80.00 target price (down from $90.00) on shares of Kohl’s in a research note on Friday, January 11th. ValuEngine upgraded Kohl’s from a “sell” rating to a “hold” rating in a research report on Tuesday, December 18th. Bank of America reiterated a “buy” rating and issued a $80.00 price objective on shares of Kohl’s in a research report on Wednesday, March 13th. Zacks Investment Research upgraded Kohl’s from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a research report on Tuesday, March 12th. Finally, Atlantic Securities upgraded Kohl’s from an “underweight” rating to a “neutral” rating and set a $71.50 price objective for the company in a research report on Wednesday, March 6th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $75.58.

Shares of Kohl’s stock traded up $0.18 during trading on Monday, hitting $69.91. 2,003,256 shares of the company were exchanged, compared to its average volume of 3,282,559. The firm has a market capitalization of $11.35 billion, a P/E ratio of 12.48, a PEG ratio of 1.63 and a beta of 0.78. Kohl’s Co. has a 1-year low of $57.89 and a 1-year high of $83.28. The company has a current ratio of 1.77, a quick ratio of 0.50 and a debt-to-equity ratio of 0.61.

Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, March 5th. The company reported $2.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.17 by $0.07. The company had revenue of $6.54 billion during the quarter, compared to analyst estimates of $6.55 billion. Kohl’s had a return on equity of 16.97% and a net margin of 3.95%. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.87 EPS. Research analysts anticipate that Kohl’s Co. will post 6.02 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Wednesday, March 20th were given a dividend of $0.67 per share. This is a positive change from Kohl’s’s previous quarterly dividend of $0.61. This represents a $2.68 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend was Tuesday, March 19th. Kohl’s’s payout ratio is presently 47.86%.

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Kohl’s 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.

Further Reading: Growth Stocks

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

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