Rothschild Investment Corp IL trimmed its position in Kohl’s Corporation (NYSE:KSS) by 19.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,350 shares of the company’s stock after selling 6,590 shares during the period. Rothschild Investment Corp IL’s holdings in Kohl’s Corporation were worth $1,249,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Johnson Financial Group Inc. raised its position in shares of Kohl’s Corporation by 0.3% during the second quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock valued at $128,000 after buying an additional 10 shares during the last quarter. Sentry Investment Management LLC raised its position in Kohl’s Corporation by 1.2% in the second quarter. Sentry Investment Management LLC now owns 12,892 shares of the company’s stock worth $499,000 after purchasing an additional 158 shares in the last quarter. Ropes Wealth Advisors LLC increased its holdings in shares of Kohl’s Corporation by 1.5% during the second quarter. Ropes Wealth Advisors LLC now owns 11,717 shares of the company’s stock worth $453,000 after buying an additional 175 shares in the last quarter. Aviance Capital Partners LLC increased its holdings in shares of Kohl’s Corporation by 1.5% during the second quarter. Aviance Capital Partners LLC now owns 15,125 shares of the company’s stock worth $585,000 after buying an additional 219 shares in the last quarter. Finally, Thrivent Financial For Lutherans increased its holdings in shares of Kohl’s Corporation by 3.7% during the second quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock worth $265,000 after buying an additional 245 shares in the last quarter.
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Several analysts have recently commented on KSS shares. UBS AG reissued a “neutral” rating and set a $38.00 price target on shares of Kohl’s Corporation in a research note on Monday, August 14th. Credit Suisse Group AG raised their price objective on shares of Kohl’s Corporation from $39.00 to $44.00 and gave the company an “underperform” rating in a research note on Monday, August 14th. ValuEngine lowered shares of Kohl’s Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BMO Capital Markets set a $43.00 price objective on shares of Kohl’s Corporation and gave the stock a “hold” rating in a report on Friday, August 11th. Finally, Robert W. Baird restated a “neutral” rating and set a $43.00 price objective on shares of Kohl’s Corporation in a report on Thursday, September 7th. Six research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $43.40.
Kohl’s Corporation (NYSE KSS) traded down $1.86 during mid-day trading on Tuesday, reaching $41.18. 4,955,500 shares of the company were exchanged, compared to its average volume of 4,514,929. Kohl’s Corporation has a twelve month low of $35.16 and a twelve month high of $59.67. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. The firm has a market cap of $7,255.68, a PE ratio of 11.42, a price-to-earnings-growth ratio of 2.02 and a beta of 1.22.
Kohl’s Corporation (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 Corporation had a return on equity of 12.72% and a net margin of 3.47%. The business had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same period in the previous year, the firm earned $0.80 earnings per share. The company’s revenue was up .1% compared to the same quarter last year. analysts predict that Kohl’s Corporation will post 3.76 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Tuesday, December 5th. Kohl’s Corporation’s dividend payout ratio is currently 58.36%.
Kohl’s Corporation 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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