Hussman Strategic Advisors Inc. Has $1.21 Million Holdings in Kohl’s Co. (NYSE:KSS)

Hussman Strategic Advisors Inc. decreased its holdings in Kohl’s Co. (NYSE:KSS) by 45.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,000 shares of the company’s stock after selling 35,500 shares during the quarter. Hussman Strategic Advisors Inc.’s holdings in Kohl’s were worth $1,205,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of Kohl’s by 59.7% in the fourth quarter. CWM LLC now owns 1,145 shares of the company’s stock valued at $33,000 after purchasing an additional 428 shares in the last quarter. Signaturefd LLC lifted its stake in Kohl’s by 20.3% during the 4th quarter. Signaturefd LLC now owns 3,278 shares of the company’s stock valued at $94,000 after acquiring an additional 553 shares in the last quarter. RIA Advisory Group LLC purchased a new position in Kohl’s during the 4th quarter worth $601,000. Everence Capital Management Inc. bought a new stake in shares of Kohl’s in the 4th quarter worth $396,000. Finally, Crescent Grove Advisors LLC purchased a new stake in shares of Kohl’s in the fourth quarter valued at about $336,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Price Performance

Kohl’s stock opened at $23.19 on Monday. The business’s 50 day simple moving average is $26.32 and its 200 day simple moving average is $25.22. Kohl’s Co. has a 12 month low of $17.68 and a 12 month high of $29.65. The company has a market cap of $2.57 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 1.29 and a beta of 1.98. The company has a current ratio of 1.31, a quick ratio of 0.20 and a debt-to-equity ratio of 1.11.

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

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 20th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 19th. This represents a $2.00 dividend on an annualized basis and a yield of 8.62%. Kohl’s’s dividend payout ratio is presently 70.18%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on KSS. JPMorgan Chase & Co. boosted their price target on shares of Kohl’s from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Citigroup cut their target price on Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 13th. TD Cowen increased their price target on Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a research report on Wednesday, March 13th. StockNews.com upgraded Kohl’s from a “hold” rating to a “buy” rating in a report on Friday, April 12th. Finally, Telsey Advisory Group upped their price objective on Kohl’s from $25.00 to $28.00 and gave the company a “market perform” rating in a research note on Wednesday, March 13th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Kohl’s has an average rating of “Hold” and a consensus price target of $24.20.

About Kohl’s

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.