Kohl’s Co. (NYSE:KSS) Holdings Lifted by Natixis Advisors LLC

Natixis Advisors LLC grew its holdings in shares of Kohl’s Co. (NYSE:KSS) by 72.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,727 shares of the company’s stock after buying an additional 9,552 shares during the period. Natixis Advisors LLC’s holdings in Kohl’s were worth $522,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Kohl’s by 16.4% during the 4th quarter. Vanguard Group Inc. now owns 12,591,595 shares of the company’s stock valued at $361,127,000 after purchasing an additional 1,775,024 shares in the last quarter. Norges Bank acquired a new stake in shares of Kohl’s in the fourth quarter valued at $34,583,000. Vision One Management Partners LP bought a new position in Kohl’s during the fourth quarter valued at about $28,413,000. SG Americas Securities LLC boosted its stake in Kohl’s by 518.9% during the second quarter. SG Americas Securities LLC now owns 855,089 shares of the company’s stock valued at $19,658,000 after buying an additional 716,919 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in Kohl’s by 254.9% during the fourth quarter. Hsbc Holdings PLC now owns 794,677 shares of the company’s stock worth $22,822,000 after acquiring an additional 570,745 shares during the period. Institutional investors own 98.04% of the company’s stock.

Kohl’s Stock Performance

Shares of Kohl’s stock opened at $19.46 on Friday. Kohl’s Co. has a 12 month low of $17.68 and a 12 month high of $29.60. The company has a quick ratio of 0.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.98. The stock has a market cap of $2.16 billion, a PE ratio of 7.84, a price-to-earnings-growth ratio of 1.38 and a beta of 1.93. The business has a fifty day simple moving average of $20.49 and a 200-day simple moving average of $23.29.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Wednesday, August 28th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.13. The firm had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.69 billion. Kohl’s had a return on equity of 7.43% and a net margin of 1.66%. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same period last year, the company posted $0.52 EPS. On average, sell-side analysts anticipate that Kohl’s Co. will post 1.81 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th will be given a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, September 11th. This represents a $2.00 dividend on an annualized basis and a yield of 10.28%. Kohl’s’s payout ratio is 80.65%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Morgan Stanley downgraded shares of Kohl’s to an “underweight” rating and cut their price target for the company from $18.00 to $17.00 in a report on Tuesday, August 27th. Evercore ISI decreased their price target on shares of Kohl’s from $22.00 to $20.00 and set an “in-line” rating on the stock in a research report on Thursday, August 29th. StockNews.com downgraded Kohl’s from a “buy” rating to a “hold” rating in a research report on Friday, May 31st. Telsey Advisory Group restated a “market perform” rating and issued a $23.00 target price on shares of Kohl’s in a report on Wednesday, August 28th. Finally, JPMorgan Chase & Co. lowered Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 target price on the stock. in a research report on Thursday, August 29th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Kohl’s presently has an average rating of “Hold” and a consensus target price of $20.67.

Kohl’s Profile

Kohl's Corporation operates as an 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 Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.