Vinva Investment Management Ltd Takes $254,000 Position in Kohl’s Corporation $KSS

Vinva Investment Management Ltd purchased a new stake in Kohl’s Corporation (NYSE:KSS) during the second quarter, Holdings Channel reports. The institutional investor purchased 29,921 shares of the company’s stock, valued at approximately $254,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Kohl’s by 37.0% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 197,974 shares of the company’s stock valued at $1,649,000 after purchasing an additional 53,518 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Kohl’s during the first quarter worth about $409,000. XTX Topco Ltd raised its position in shares of Kohl’s by 313.1% during the 1st quarter. XTX Topco Ltd now owns 142,270 shares of the company’s stock worth $1,164,000 after purchasing an additional 107,831 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Kohl’s by 11.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,968,634 shares of the company’s stock valued at $16,103,000 after buying an additional 197,088 shares in the last quarter. Finally, Amundi lifted its stake in Kohl’s by 650.5% in the 1st quarter. Amundi now owns 426,699 shares of the company’s stock valued at $3,490,000 after buying an additional 369,841 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Trading Up 2.4%

Shares of KSS stock opened at $24.68 on Friday. Kohl’s Corporation has a 1-year low of $6.04 and a 1-year high of $24.91. The firm has a market cap of $2.77 billion, a PE ratio of 13.34 and a beta of 1.78. The company has a 50-day moving average of $16.85 and a two-hundred day moving average of $13.20. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.36 and a quick ratio of 0.19.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a net margin of 1.31% and a return on equity of 4.62%. The business had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the previous year, the firm earned $0.20 EPS. The business’s revenue was down 3.6% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. On average, analysts predict that Kohl’s Corporation will post 1.3 EPS for the current year.

Kohl’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, December 10th. Kohl’s’s dividend payout ratio (DPR) is currently 29.07%.

Analysts Set New Price Targets

KSS has been the subject of a number of research analyst reports. Gordon Haskett raised Kohl’s from an “accumulate” rating to a “buy” rating in a report on Tuesday, November 25th. JPMorgan Chase & Co. upped their target price on shares of Kohl’s from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Thursday, August 28th. Cowen reissued a “hold” rating on shares of Kohl’s in a research note on Wednesday. Barclays boosted their price target on shares of Kohl’s from $5.00 to $8.00 and gave the stock an “underweight” rating in a research report on Thursday, August 28th. Finally, Evercore ISI increased their price objective on shares of Kohl’s from $13.00 to $21.00 and gave the company an “in-line” rating in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, Kohl’s currently has an average rating of “Reduce” and an average target price of $15.18.

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.