Kohl's Co. (KSS) Shares Sold by TD Asset Management Inc.
TD Asset Management Inc. lowered its position in shares of Kohl's Co. (NYSE:KSS) by 6.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,819 shares of the company’s stock after selling 6,487 shares during the quarter. TD Asset Management Inc. owned about 0.05% of Kohl's worth $4,192,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of KSS. Janney Montgomery Scott LLC boosted its position in Kohl's by 33.6% during the second quarter. Janney Montgomery Scott LLC now owns 9,834 shares of the company’s stock valued at $380,000 after acquiring an additional 2,472 shares during the last quarter. Sei Investments Co. boosted its position in Kohl's by 6.8% during the second quarter. Sei Investments Co. now owns 129,970 shares of the company’s stock valued at $5,026,000 after acquiring an additional 8,273 shares during the last quarter. IFP Advisors Inc boosted its position in Kohl's by 4.0% during the second quarter. IFP Advisors Inc now owns 6,928 shares of the company’s stock valued at $268,000 after acquiring an additional 267 shares during the last quarter. Global X Management Co. LLC boosted its position in Kohl's by 7.4% during the second quarter. Global X Management Co. LLC now owns 8,061 shares of the company’s stock valued at $312,000 after acquiring an additional 553 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in Kohl's by 6.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,098,025 shares of the company’s stock valued at $42,461,000 after acquiring an additional 62,310 shares during the last quarter.
Kohl's Co. (NYSE KSS) traded down $0.12 on Thursday, hitting $48.14. 3,561,000 shares of the company were exchanged, compared to its average volume of 4,477,927. 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 12 month low of $35.16 and a 12 month high of $59.67. The firm has a market cap of $8,107.91, a price-to-earnings ratio of 12.80, a PEG ratio of 1.93 and a beta of 1.24.
Kohl's (NYSE:KSS) last posted its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.02). Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The business had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the prior year, the company earned $0.80 EPS. The company’s revenue was up .1% on a year-over-year basis. sell-side analysts predict that Kohl's Co. will post 3.75 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.57%. Kohl's’s dividend payout ratio is presently 58.36%.
A number of equities analysts have recently issued reports on KSS shares. Royal Bank Of Canada reissued a “sell” rating on shares of Kohl's in a research report on Sunday, November 12th. TheStreet raised shares of Kohl's from a “c+” rating to a “b-” rating in a research report on Monday, August 14th. Citigroup increased their price objective on shares of Kohl's from $44.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, September 21st. BidaskClub cut shares of Kohl's from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. Finally, Jefferies Group reissued a “buy” rating and set a $50.00 price objective on shares of Kohl's in a research report on Wednesday, September 27th. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $42.74.
In other Kohl's news, Director Jonas Prising bought 4,725 shares of the stock in a transaction that occurred on Wednesday, November 15th. The shares were bought at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the acquisition, the director now directly owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.20% of the company’s stock.
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Kohl's Company Profile
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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