13,800 Shares in Kohl’s Co. (NYSE:KSS) Bought by Everence Capital Management Inc.

Everence Capital Management Inc. bought a new position in shares of Kohl’s Co. (NYSE:KSS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,800 shares of the company’s stock, valued at approximately $396,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. raised its holdings in Kohl’s by 25.3% during the first quarter. BlackRock Inc. now owns 13,348,222 shares of the company’s stock worth $314,217,000 after buying an additional 2,695,094 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Kohl’s by 5.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,463,458 shares of the company’s stock worth $222,771,000 after buying an additional 450,362 shares during the last quarter. State Street Corp increased its holdings in Kohl’s by 16.0% during the second quarter. State Street Corp now owns 5,731,010 shares of the company’s stock worth $132,100,000 after buying an additional 790,403 shares during the last quarter. LSV Asset Management increased its holdings in Kohl’s by 0.3% during the third quarter. LSV Asset Management now owns 4,397,799 shares of the company’s stock worth $92,178,000 after buying an additional 12,913 shares during the last quarter. Finally, Starboard Value LP purchased a new stake in Kohl’s during the first quarter worth about $201,401,000. 98.04% of the stock is owned by institutional investors.

Kohl’s Price Performance

Shares of KSS stock opened at $22.85 on Friday. Kohl’s Co. has a 1-year low of $17.68 and a 1-year high of $29.65. The stock’s 50-day moving average is $26.40 and its 200 day moving average is $25.13. The company has a market cap of $2.53 billion, a P/E ratio of 8.02, a PEG ratio of 1.22 and a beta of 1.98. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.31 and a quick ratio of 0.20.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, March 12th. The company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.39. Kohl’s had a return on equity of 8.40% and a net margin of 1.81%. The firm had revenue of $5.71 billion during the quarter, compared to the consensus estimate of $5.80 billion. During the same quarter in the previous year, the company posted ($2.49) earnings per share. The company’s revenue was down 1.1% compared to the same quarter last year. Research analysts predict that Kohl’s Co. will post 2.24 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 3rd. Investors of record on Wednesday, March 20th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 8.75%. The ex-dividend date was Tuesday, March 19th. Kohl’s’s payout ratio is 70.18%.

Analyst Ratings Changes

A number of equities analysts have recently commented on KSS shares. Citigroup cut their price objective on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, March 13th. JPMorgan Chase & Co. raised their target price on shares of Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. StockNews.com raised shares of Kohl’s from a “hold” rating to a “buy” rating in a research note on Friday, April 12th. TD Cowen lifted their target price on shares of Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 13th. Finally, Morgan Stanley lifted their target price on shares of Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, March 21st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $24.20.

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.