Vanguard Personalized Indexing Management LLC Has $304,000 Position in Kohl’s Co. (NYSE:KSS)

Vanguard Personalized Indexing Management LLC lessened its position in Kohl’s Co. (NYSE:KSS) by 5.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,243 shares of the company’s stock after selling 736 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Kohl’s were worth $304,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Kohl’s by 16.4% in the 4th quarter. Vanguard Group Inc. now owns 12,591,595 shares of the company’s stock worth $361,127,000 after purchasing an additional 1,775,024 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Kohl’s by 0.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,434,081 shares of the company’s stock worth $147,923,000 after purchasing an additional 52,126 shares in the last quarter. American Century Companies Inc. increased its holdings in Kohl’s by 26.3% in the 2nd quarter. American Century Companies Inc. now owns 3,093,773 shares of the company’s stock worth $71,126,000 after purchasing an additional 643,913 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Kohl’s by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 1,647,703 shares of the company’s stock valued at $37,881,000 after buying an additional 10,925 shares during the period. Finally, Vision One Management Partners LP acquired a new stake in shares of Kohl’s in the fourth quarter valued at about $28,413,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Analysts Set New Price Targets

KSS has been the subject of several recent research reports. Robert W. Baird decreased their price target on Kohl’s from $27.00 to $25.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Morgan Stanley cut Kohl’s to an “underweight” rating and decreased their price target for the company from $18.00 to $17.00 in a research note on Tuesday, August 27th. Evercore ISI decreased their price target on Kohl’s from $22.00 to $20.00 and set an “in-line” 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 price target for the company. in a research note on Thursday, August 29th. Finally, TD Cowen cut Kohl’s from a “buy” rating to a “hold” rating and decreased their price target for the company from $25.00 to $21.00 in a research note on Friday, August 30th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $21.29.

Kohl’s Trading Up 3.2 %

NYSE KSS opened at $20.90 on Friday. The business has a 50 day simple moving average of $19.86 and a 200 day simple moving average of $22.66. Kohl’s Co. has a one year low of $17.68 and a one year high of $29.60. The stock has a market capitalization of $2.32 billion, a P/E ratio of 8.43, a P/E/G ratio of 1.32 and a beta of 1.93. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.08 and a quick ratio of 0.16.

Kohl’s (NYSE:KSS) last released its earnings results on Wednesday, August 28th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.46 by $0.13. Kohl’s had a return on equity of 7.43% and a net margin of 1.66%. The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter last year, the firm posted $0.52 earnings per share. The firm’s revenue was down 4.2% on a year-over-year basis. 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. Shareholders of record on Wednesday, September 11th were issued a $0.50 dividend. The ex-dividend date was Wednesday, September 11th. This represents a $2.00 annualized dividend and a yield of 9.57%. Kohl’s’s payout ratio is currently 80.65%.

Kohl’s Company 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.