Israel Discount Bank of New York lowered its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 9.4% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 12,210 shares of the company’s stock after selling 1,270 shares during the period. Israel Discount Bank of New York’s holdings in Kohl’s Corporation were worth $473,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of the stock. Johnson Financial Group Inc. grew its holdings in Kohl’s Corporation by 0.3% during the second quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock worth $128,000 after purchasing an additional 10 shares during the period. Botty Investors LLC grew its holdings in Kohl’s Corporation by 0.8% during the first quarter. Botty Investors LLC now owns 11,745 shares of the company’s stock worth $467,000 after purchasing an additional 95 shares during the period. Advantus Capital Management Inc grew its holdings in Kohl’s Corporation by 0.7% during the first quarter. Advantus Capital Management Inc now owns 17,611 shares of the company’s stock worth $701,000 after purchasing an additional 114 shares during the period. Northside Capital Management LLC grew its holdings in Kohl’s Corporation by 1.4% during the first quarter. Northside Capital Management LLC now owns 11,316 shares of the company’s stock worth $450,000 after purchasing an additional 155 shares during the period. Finally, Aviance Capital Partners LLC grew its holdings in 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 purchasing an additional 219 shares during the period.
A number of equities analysts recently commented on the company. BMO Capital Markets set a $43.00 price target on Kohl’s Corporation and gave the stock a “hold” rating in a report on Friday, August 11th. Jefferies Group LLC reiterated a “buy” rating and set a $50.00 price target (up previously from $48.00) on shares of Kohl’s Corporation in a report on Friday, August 11th. BidaskClub upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Deutsche Bank AG lifted their price target on Kohl’s Corporation from $38.00 to $39.00 and gave the stock a “hold” rating in a report on Tuesday, August 8th. Finally, Instinet reiterated a “buy” rating and set a $51.00 price target (up previously from $41.00) on shares of Kohl’s Corporation in a report on Thursday, August 10th. Six research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $42.68.
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Shares of Kohl’s Corporation (NYSE:KSS) traded down 0.94% on Friday, reaching $42.00. 2,947,407 shares of the company’s stock traded hands. The firm has a market cap of $7.06 billion, a P/E ratio of 10.75 and a beta of 1.15. The company’s 50-day moving average price is $40.07 and its 200 day moving average price is $39.18. Kohl’s Corporation has a one year low of $35.16 and a one year high of $59.67.
Kohl’s Corporation (NYSE:KSS) last posted its earnings results on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.19 by $0.05. Kohl’s Corporation had a net margin of 3.63% and a return on equity of 13.16%. The business had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.12 billion. During the same period in the prior year, the company posted $1.22 EPS. The business’s revenue for the quarter was down .9% compared to the same quarter last year. On average, equities analysts forecast that Kohl’s Corporation will post $3.75 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Wednesday, September 6th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 5.24%. The ex-dividend date of this dividend is Friday, September 1st. Kohl’s Corporation’s dividend payout ratio is presently 56.41%.
Kohl’s Corporation Company 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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