Kohl’s Co. (NYSE:KSS) Shares Sold by Amalgamated Bank

Amalgamated Bank trimmed its holdings in shares of Kohl’s Co. (NYSE:KSS) by 5.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,498 shares of the company’s stock after selling 2,919 shares during the period. Amalgamated Bank’s holdings in Kohl’s were worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Edgestream Partners L.P. lifted its stake in Kohl’s by 84.0% during the second quarter. Edgestream Partners L.P. now owns 89,024 shares of the company’s stock worth $2,047,000 after purchasing an additional 40,641 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Kohl’s by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,434,081 shares of the company’s stock worth $147,923,000 after buying an additional 52,126 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Kohl’s by 26.3% in the 2nd quarter. American Century Companies Inc. now owns 3,093,773 shares of the company’s stock valued at $71,126,000 after buying an additional 643,913 shares in the last quarter. Choreo LLC purchased a new position in shares of Kohl’s in the 2nd quarter valued at $424,000. Finally, Foundry Partners LLC acquired a new stake in Kohl’s during the 2nd quarter worth $351,000. 98.04% of the stock is owned by institutional investors and hedge funds.

Kohl’s Stock Up 2.7 %

Kohl’s stock opened at $20.25 on Friday. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 8.03, a PEG ratio of 1.32 and a beta of 1.93. The company has a current ratio of 1.08, a quick ratio of 0.16 and a debt-to-equity ratio of 0.98. The stock has a 50 day moving average of $19.90 and a two-hundred day moving average of $22.72. Kohl’s Co. has a twelve month low of $17.68 and a twelve month high of $29.60.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.13. The firm had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.69 billion. Kohl’s had a return on equity of 7.43% and a net margin of 1.66%. The company’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same period last year, the company earned $0.52 earnings per share. As a group, research analysts expect that Kohl’s Co. will post 1.8 earnings per share for the current year.

Kohl’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.88%. Kohl’s’s dividend payout ratio (DPR) is 80.65%.

Analysts Set New Price Targets

Several research firms have issued reports on KSS. Robert W. Baird decreased their price objective on shares of Kohl’s from $27.00 to $25.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. JPMorgan Chase & Co. cut Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 target price for the company. in a research report on Thursday, August 29th. Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 price objective on shares of Kohl’s in a research note on Wednesday, August 28th. TD Cowen lowered shares of Kohl’s from a “buy” rating to a “hold” rating and lowered their target price for the stock from $25.00 to $21.00 in a research report on Friday, August 30th. Finally, StockNews.com downgraded shares of Kohl’s from a “buy” rating to a “hold” rating in a research report on Friday, May 31st. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $21.29.

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.