Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Kohl’s Co. (NYSE:KSS) by 7.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,654 shares of the company’s stock after purchasing an additional 646 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Kohl’s were worth $664,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of KSS. Truehand Inc acquired a new stake in Kohl’s in the fourth quarter valued at approximately $26,000. Loeb Partners Corp acquired a new stake in Kohl’s in the fourth quarter valued at approximately $28,000. Cullen Frost Bankers Inc. acquired a new stake in Kohl’s in the first quarter valued at approximately $33,000. Princeton Capital Management LLC raised its holdings in Kohl’s by 94.3% in the first quarter. Princeton Capital Management LLC now owns 544 shares of the company’s stock valued at $37,000 after acquiring an additional 264 shares in the last quarter. Finally, Liberty Wealth Management LLC acquired a new stake in Kohl’s in the fourth quarter valued at approximately $36,000.
KSS stock opened at $51.12 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.50 and a current ratio of 1.66. Kohl’s Co. has a twelve month low of $53.01 and a twelve month high of $83.28. The company has a market cap of $8.34 billion, a price-to-earnings ratio of 9.13, a P/E/G ratio of 1.07 and a beta of 0.77.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 26th. Shareholders of record on Wednesday, June 12th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $2.68 dividend on an annualized basis and a yield of 5.24%. Kohl’s’s payout ratio is currently 47.86%.
Several analysts recently weighed in on KSS shares. Guggenheim reaffirmed a “buy” rating and issued a $80.00 target price on shares of Kohl’s in a report on Tuesday, March 5th. Zacks Investment Research cut shares of Kohl’s from a “hold” rating to a “sell” rating in a report on Friday. UBS Group reduced their target price on shares of Kohl’s from $72.00 to $57.00 and set a “neutral” rating on the stock in a report on Friday. Bank of America reaffirmed a “buy” rating and issued a $80.00 target price on shares of Kohl’s in a report on Wednesday, March 13th. Finally, Citigroup reduced their target price on shares of Kohl’s from $71.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $71.97.
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Kohl’s Company Profile
Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
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