Atria Investments LLC reduced its holdings in shares of Kohl’s Co. (NYSE:KSS) by 11.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 26,405 shares of the company’s stock after selling 3,551 shares during the quarter. Atria Investments LLC’s holdings in Kohl’s were worth $1,969,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. LFA Lugano Financial Advisors SA acquired a new stake in Kohl’s during the 2nd quarter worth approximately $106,000. MUFG Americas Holdings Corp lifted its holdings in Kohl’s by 280.0% during the 2nd quarter. MUFG Americas Holdings Corp now owns 1,900 shares of the company’s stock worth $139,000 after purchasing an additional 1,400 shares during the last quarter. Smithfield Trust Co. lifted its holdings in Kohl’s by 5,170.0% during the 2nd quarter. Smithfield Trust Co. now owns 2,635 shares of the company’s stock worth $192,000 after purchasing an additional 2,585 shares during the last quarter. HL Financial Services LLC acquired a new stake in Kohl’s during the 2nd quarter worth approximately $203,000. Finally, UMB Bank N A MO acquired a new stake in Kohl’s during the 2nd quarter worth approximately $206,000.

In other Kohl’s news, Director Stephanie A. Streeter sold 4,776 shares of Kohl’s stock in a transaction on Wednesday, September 5th. The stock was sold at an average price of $81.50, for a total value of $389,244.00. Following the completion of the transaction, the director now directly owns 24,860 shares of the company’s stock, valued at approximately $2,026,090. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ratnakar Lavu sold 12,205 shares of Kohl’s stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $82.00, for a total value of $1,000,810.00. The disclosure for this sale can be found here. Insiders sold a total of 75,788 shares of company stock valued at $6,104,331 over the last ninety days. Insiders own 1.20% of the company’s stock.

Shares of NYSE KSS opened at $72.65 on Friday. The firm has a market capitalization of $12.43 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 2.05 and a beta of 1.30. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. Kohl’s Co. has a fifty-two week low of $37.97 and a fifty-two week high of $82.42.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, August 21st. The company reported $1.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.64 by $0.12. The firm had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Kohl’s had a return on equity of 15.55% and a net margin of 4.79%. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.24 EPS. As a group, equities research analysts forecast that Kohl’s Co. will post 5.45 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 26th. Shareholders of record on Wednesday, September 12th were issued a $0.61 dividend. The ex-dividend date was Tuesday, September 11th. This represents a $2.44 annualized dividend and a yield of 3.36%. Kohl’s’s dividend payout ratio is presently 58.23%.

KSS has been the subject of several research reports. Zacks Investment Research cut Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, August 23rd. ValuEngine cut Kohl’s from a “buy” rating to a “hold” rating in a report on Tuesday, October 2nd. Wedbush initiated coverage on Kohl’s in a report on Friday, August 10th. They set a “neutral” rating and a $75.00 price target for the company. Guggenheim reissued a “buy” rating and set a $85.00 price target on shares of Kohl’s in a report on Tuesday, August 21st. Finally, Bank of America reissued a “buy” rating and set a $90.00 price target on shares of Kohl’s in a report on Wednesday. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $78.20.

About Kohl’s

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: Google Finance Portfolio Workaround

Want to see what other hedge funds are holding KSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kohl’s Co. (NYSE:KSS).

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

Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter.