Hartford Investment Management Co. reduced its position in Kohl’s Co. (NYSE:KSS) by 4.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 26,735 shares of the company’s stock after selling 1,142 shares during the period. Hartford Investment Management Co.’s holdings in Kohl’s were worth $1,993,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of KSS. American Century Companies Inc. purchased a new stake in shares of Kohl’s in the second quarter worth about $90,847,000. Janus Henderson Group PLC raised its holdings in shares of Kohl’s by 230.0% in the second quarter. Janus Henderson Group PLC now owns 1,786,420 shares of the company’s stock worth $130,231,000 after buying an additional 1,245,073 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Kohl’s by 125.9% in the second quarter. PNC Financial Services Group Inc. now owns 1,600,722 shares of the company’s stock worth $116,690,000 after buying an additional 891,977 shares during the period. Worldquant Millennium Quantitative Strategies LLC purchased a new stake in shares of Kohl’s in the second quarter worth approximately $59,996,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Kohl’s by 76.4% in the second quarter. Renaissance Technologies LLC now owns 1,321,900 shares of the company’s stock worth $96,367,000 after buying an additional 572,700 shares during the period.

Several brokerages have recently weighed in on KSS. Royal Bank of Canada set a $82.00 price target on Kohl’s and gave the stock a “hold” rating in a report on Wednesday, August 22nd. Zacks Investment Research upgraded Kohl’s from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a report on Tuesday, July 24th. Morgan Stanley increased their price target on Kohl’s from $45.00 to $51.00 and gave the stock an “underweight” rating in a report on Thursday, August 23rd. Credit Suisse Group increased their price target on Kohl’s from $74.00 to $78.00 and gave the stock a “neutral” rating in a report on Wednesday, August 22nd. Finally, ValuEngine downgraded Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $78.20.

Kohl’s stock opened at $64.45 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $11.84 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 1.94 and a beta of 1.10. Kohl’s Co. has a 1-year low of $43.68 and a 1-year high of $83.28.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, November 20th. The company reported $0.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.02. The firm had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.36 billion. Kohl’s had a return on equity of 15.55% and a net margin of 4.79%. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.70 EPS. As a group, equities research analysts expect that Kohl’s Co. will post 5.48 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 26th. Stockholders of record on Wednesday, December 12th will be given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.79%. Kohl’s’s payout ratio is 58.23%.

In other news, President Sona Chawla sold 27,223 shares of the firm’s stock in a transaction on Wednesday, September 5th. The stock was sold at an average price of $80.92, for a total value of $2,202,885.16. Following the completion of the sale, the president now owns 253,021 shares of the company’s stock, valued at approximately $20,474,459.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard D. Schepp sold 21,584 shares of the firm’s stock in a transaction on Tuesday, September 4th. The stock was 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 sold a total of 75,788 shares of company stock valued at $6,104,331 in the last three months. Insiders own 1.20% of the company’s stock.

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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.

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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)

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