Maverick Capital Ltd. raised its position in shares of Kohl's Co. (NYSE:KSS) by 286.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 332,120 shares of the company’s stock after buying an additional 246,270 shares during the quarter. Maverick Capital Ltd.’s holdings in Kohl's were worth $18,011,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in KSS. Alyeska Investment Group L.P. bought a new stake in shares of Kohl's during the 3rd quarter valued at about $46,574,000. Alps Advisors Inc. bought a new position in shares of Kohl's during the 4th quarter valued at approximately $52,200,000. BlackRock Inc. grew its stake in shares of Kohl's by 3.8% during the 4th quarter. BlackRock Inc. now owns 18,729,042 shares of the company’s stock valued at $1,015,677,000 after acquiring an additional 680,124 shares during the period. 1060 Capital LLC bought a new position in shares of Kohl's during the 3rd quarter valued at approximately $24,413,000. Finally, Cumberland Partners Ltd grew its stake in shares of Kohl's by 396.1% during the 3rd quarter. Cumberland Partners Ltd now owns 750,625 shares of the company’s stock valued at $34,266,000 after acquiring an additional 599,325 shares during the period.
KSS has been the subject of a number of recent research reports. Zacks Investment Research downgraded Kohl's from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Royal Bank of Canada reiterated a “sell” rating on shares of Kohl's in a research note on Sunday, November 12th. Piper Jaffray Companies set a $55.00 price objective on Kohl's and gave the company a “hold” rating in a research note on Wednesday, January 10th. Citigroup boosted their price objective on Kohl's from $65.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. Finally, ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Kohl's currently has an average rating of “Hold” and a consensus target price of $56.91.
Kohl's Co. (KSS) opened at $66.09 on Thursday. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88. Kohl's Co. has a twelve month low of $35.16 and a twelve month high of $69.48. The company has a market capitalization of $10,920.31, a P/E ratio of 17.53, a P/E/G ratio of 2.09 and a beta of 1.35.
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Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.
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