Dynamic Advisor Solutions LLC Acquires Shares of 11,028 Kohl’s Co. (NYSE:KSS)

Dynamic Advisor Solutions LLC acquired a new stake in Kohl’s Co. (NYSE:KSS) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 11,028 shares of the company’s stock, valued at approximately $254,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CWM LLC increased its stake in shares of Kohl’s by 59.7% during the fourth quarter. CWM LLC now owns 1,145 shares of the company’s stock valued at $33,000 after buying an additional 428 shares during the period. Hexagon Capital Partners LLC grew its stake in Kohl’s by 133.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock worth $40,000 after purchasing an additional 802 shares during the period. GAMMA Investing LLC purchased a new stake in Kohl’s in the fourth quarter worth $46,000. Register Financial Advisors LLC purchased a new stake in Kohl’s in the first quarter worth $54,000. Finally, Quadrant Capital Group LLC grew its stake in Kohl’s by 197.3% in the fourth quarter. Quadrant Capital Group LLC now owns 2,756 shares of the company’s stock worth $79,000 after purchasing an additional 1,829 shares during the period. Institutional investors own 98.04% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Robert W. Baird cut their target price on Kohl’s from $32.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, May 31st. Evercore ISI cut their target price on Kohl’s from $24.00 to $22.00 and set an “in-line” rating on the stock in a research note on Friday, May 31st. TD Cowen cut their target price on Kohl’s from $31.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, May 31st. Telsey Advisory Group reissued a “market perform” rating and issued a $28.00 target price on shares of Kohl’s in a research note on Thursday, May 30th. Finally, StockNews.com cut Kohl’s from a “buy” rating to a “hold” rating in a research note on Friday, May 31st. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $22.44.

Kohl’s Trading Up 3.7 %

Kohl’s stock opened at $19.90 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.21 and a quick ratio of 0.19. 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 $2.21 billion, a PE ratio of 8.02, a price-to-earnings-growth ratio of 1.90 and a beta of 1.95. The business’s fifty day moving average is $21.55 and its 200 day moving average is $24.30.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Thursday, May 30th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.28). Kohl’s had a net margin of 1.60% and a return on equity of 7.27%. The business had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.41 billion. During the same period last year, the business earned $0.13 earnings per share. The company’s quarterly revenue was down 10.4% on a year-over-year basis. On average, sell-side analysts predict that Kohl’s Co. will post 1.38 EPS for the current year.

Kohl’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th will be given a $0.50 dividend. The ex-dividend date is Wednesday, September 11th. This represents a $2.00 annualized dividend and a yield of 10.05%. Kohl’s’s payout ratio is 80.65%.

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.