Kohl's Co. (KSS) Position Lessened by Hotchkis & Wiley Capital Management LLC
Hotchkis & Wiley Capital Management LLC trimmed its holdings in shares of Kohl's Co. (NYSE:KSS) by 10.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,273,046 shares of the company’s stock after selling 147,825 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned 0.76% of Kohl's worth $58,115,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Balyasny Asset Management LLC grew its position in Kohl's by 28,709.6% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,667,786 shares of the company’s stock valued at $64,493,000 after acquiring an additional 1,661,997 shares in the last quarter. Northern Trust Corp grew its position in Kohl's by 34.9% in the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after acquiring an additional 1,396,006 shares in the last quarter. Royal Bank of Canada grew its position in Kohl's by 220.4% in the 2nd quarter. Royal Bank of Canada now owns 460,527 shares of the company’s stock valued at $17,810,000 after acquiring an additional 843,101 shares in the last quarter. Parametric Portfolio Associates LLC grew its position in Kohl's by 115.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,220,851 shares of the company’s stock valued at $47,210,000 after acquiring an additional 653,659 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Kohl's by 13.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,457,350 shares of the company’s stock valued at $211,022,000 after acquiring an additional 647,469 shares in the last quarter.
Kohl's Co. (NYSE:KSS) traded up $0.08 during mid-day trading on Friday, reaching $48.05. The company had a trading volume of 4,193,302 shares, compared to its average volume of 4,472,882. The stock has a market capitalization of $8,100.00, a PE ratio of 12.20, a price-to-earnings-growth ratio of 1.84 and a beta of 1.22. Kohl's Co. has a 12-month low of $35.16 and a 12-month high of $59.67. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63.
Kohl's (NYSE:KSS) last posted its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.02). The business had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.30 billion. Kohl's had a return on equity of 12.72% and a net margin of 3.47%. Kohl's’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.80 EPS. research analysts predict that Kohl's Co. will post 3.75 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date of this dividend is Tuesday, December 5th. Kohl's’s dividend payout ratio is currently 58.36%.
In other news, Director Jonas Prising acquired 4,725 shares of Kohl's stock in a transaction on Wednesday, November 15th. The stock was bought at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the purchase, the director now owns 8,661 shares in the company, valued at $366,793.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is currently owned by insiders.
Several equities analysts have weighed in on KSS shares. Royal Bank Of Canada reaffirmed a “sell” rating on shares of Kohl's in a research report on Sunday, November 12th. TheStreet raised Kohl's from a “c+” rating to a “b-” rating in a research report on Monday, August 14th. Citigroup lifted their target price on Kohl's from $44.00 to $51.00 and gave the company a “buy” rating in a research report on Thursday, September 21st. BidaskClub downgraded Kohl's from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $50.00 target price on shares of Kohl's in a research report on Wednesday, September 27th. Six analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $42.74.
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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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