Kohl’s Corporation (NYSE:KSS) Shares Sold by Sumitomo Mitsui Asset Management Company LTD

Sumitomo Mitsui Asset Management Company LTD lowered its position in Kohl’s Corporation (NYSE:KSS) by 0.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,208 shares of the company’s stock after selling 105 shares during the period. Sumitomo Mitsui Asset Management Company LTD’s holdings in Kohl’s Corporation were worth $588,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of KSS. CENTRAL TRUST Co boosted its stake in shares of Kohl’s Corporation by 68.6% in the second quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock worth $129,000 after buying an additional 1,352 shares in the last quarter. Johnson Financial Group Inc. boosted its stake in shares of Kohl’s Corporation by 30.9% in the first quarter. Johnson Financial Group Inc. now owns 3,295 shares of the company’s stock worth $132,000 after buying an additional 778 shares in the last quarter. Exane Derivatives boosted its stake in shares of Kohl’s Corporation by 209.8% in the second quarter. Exane Derivatives now owns 3,687 shares of the company’s stock worth $143,000 after buying an additional 2,497 shares in the last quarter. Breton Hill Capital Ltd. purchased a new stake in shares of Kohl’s Corporation during the first quarter worth about $203,000. Finally, Atria Investments LLC purchased a new stake in shares of Kohl’s Corporation during the second quarter worth about $227,000.

Kohl’s Corporation (NYSE KSS) opened at 41.93 on Thursday. The stock’s 50 day moving average is $39.46 and its 200 day moving average is $39.38. Kohl’s Corporation has a one year low of $35.16 and a one year high of $59.67. The firm has a market capitalization of $7.15 billion, a P/E ratio of 12.14 and a beta of 1.16.

Kohl’s Corporation (NYSE:KSS) last posted its quarterly earnings results on Thursday, May 11th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.10. The business had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3.91 billion. Kohl’s Corporation had a net margin of 3.25% and a return on equity of 13.29%. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.31 earnings per share. On average, equities research analysts predict that Kohl’s Corporation will post $3.68 earnings per share for the current fiscal year.

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A number of brokerages have recently issued reports on KSS. Vetr cut Kohl’s Corporation from a “strong-buy” rating to a “buy” rating and set a $40.78 price objective for the company. in a report on Monday, May 15th. Deutsche Bank AG boosted their price objective on Kohl’s Corporation from $38.00 to $39.00 and gave the stock a “hold” rating in a report on Tuesday. Royal Bank Of Canada set a $39.00 price objective on Kohl’s Corporation and gave the stock a “sell” rating in a report on Monday, June 19th. Jefferies Group LLC restated a “buy” rating and set a $48.00 price objective on shares of Kohl’s Corporation in a report on Sunday, July 30th. Finally, Zacks Investment Research upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a report on Tuesday, July 11th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company. Kohl’s Corporation currently has a consensus rating of “Hold” and a consensus target price of $42.64.

About Kohl’s Corporation

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.

Institutional Ownership by Quarter for Kohl`s Corporation (NYSE:KSS)

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