LSV Asset Management decreased its position in shares of Kohl’s Co. (NYSE:KSS) by 2.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,375,624 shares of the company’s stock after selling 178,622 shares during the period. Kohl’s accounts for 0.8% of LSV Asset Management’s investment portfolio, making the stock its 25th biggest holding. LSV Asset Management owned approximately 3.86% of Kohl’s worth $422,958,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. We Are One Seven LLC acquired a new position in Kohl’s during the 4th quarter worth $47,000. Capital Investment Advisory Services LLC acquired a new position in Kohl’s during the 4th quarter worth $51,000. Financial Gravity Companies Inc. bought a new position in shares of Kohl’s during the 4th quarter worth about $67,000. Daiwa SB Investments Ltd. increased its holdings in shares of Kohl’s by 26.3% during the 4th quarter. Daiwa SB Investments Ltd. now owns 1,010 shares of the company’s stock worth $67,000 after purchasing an additional 210 shares during the period. Finally, CWM LLC increased its holdings in shares of Kohl’s by 66.5% during the 4th quarter. CWM LLC now owns 1,164 shares of the company’s stock worth $77,000 after purchasing an additional 465 shares during the period.
KSS has been the topic of several research reports. ValuEngine downgraded shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, November 1st. OTR Global upgraded shares of Kohl’s to a “positive” rating in a report on Friday, November 2nd. Telsey Advisory Group dropped their price objective on shares of Kohl’s from $99.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, November 21st. Piper Jaffray Companies set a $68.00 price objective on shares of Kohl’s and gave the stock a “hold” rating in a report on Wednesday, November 21st. Finally, Royal Bank of Canada dropped their price objective on shares of Kohl’s to $73.00 and set a “market perform” rating on the stock in a report on Wednesday, November 21st. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $75.53.
Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, November 20th. The company reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.02. The business had revenue of $4.37 billion for the quarter, compared to analysts’ expectations of $4.36 billion. Kohl’s had a net margin of 4.94% and a return on equity of 16.06%. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.70 earnings per share. As a group, research analysts anticipate that Kohl’s Co. will post 5.54 earnings per share for the current fiscal year.
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Kohl’s Company Profile
Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
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