Nordea Investment Management AB Has $342,000 Position in Kohl’s Corporation (KSS)

Nordea Investment Management AB maintained its stake in Kohl’s Corporation (NYSE:KSS) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,846 shares of the company’s stock at the close of the second quarter. Nordea Investment Management AB’s holdings in Kohl’s Corporation were worth $342,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN raised its holdings in Kohl’s Corporation by 10.1% in the 2nd quarter. Wells Fargo & Company MN now owns 4,117,215 shares of the company’s stock worth $159,213,000 after purchasing an additional 377,438 shares during the period. JPMorgan Chase & Co. raised its holdings in Kohl’s Corporation by 1.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock worth $422,066,000 after purchasing an additional 186,046 shares during the period. BlackRock Inc. raised its holdings in Kohl’s Corporation by 2,606.7% in the 1st quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock worth $732,277,000 after purchasing an additional 17,714,714 shares during the period. HGK Asset Management Inc. raised its holdings in Kohl’s Corporation by 5.0% in the 2nd quarter. HGK Asset Management Inc. now owns 281,319 shares of the company’s stock worth $10,879,000 after purchasing an additional 13,470 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in Kohl’s Corporation by 30.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 18,814 shares of the company’s stock worth $749,000 after purchasing an additional 4,346 shares during the period.

KSS has been the topic of a number of recent research reports. BidaskClub raised Kohl’s Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Vetr cut Kohl’s Corporation from a “hold” rating to a “sell” rating and set a $37.51 target price on the stock. in a report on Monday, July 17th. Royal Bank Of Canada set a $39.00 target price on Kohl’s Corporation and gave the stock a “sell” rating in a report on Tuesday, August 29th. TheStreet raised Kohl’s Corporation from a “c+” rating to a “b-” rating in a report on Monday, August 14th. Finally, Citigroup Inc. raised their price target on Kohl’s Corporation from $44.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, September 21st. Six equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. Kohl’s Corporation presently has an average rating of “Hold” and an average target price of $42.90.

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Shares of Kohl’s Corporation (NYSE:KSS) opened at 43.26 on Wednesday. Kohl’s Corporation has a one year low of $35.16 and a one year high of $59.67. The stock has a market cap of $7.29 billion, a price-to-earnings ratio of 11.07 and a beta of 1.19. The company has a 50 day moving average price of $42.96 and a 200-day moving average price of $39.86.

Kohl’s Corporation (NYSE:KSS) last posted its quarterly earnings data on Thursday, August 10th. The company reported $1.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.05. The firm had revenue of $4.14 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Kohl’s Corporation had a net margin of 3.63% and a return on equity of 13.16%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter last year, the company posted $1.22 EPS. Equities analysts predict that Kohl’s Corporation will post $3.76 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.09%. Kohl’s Corporation’s payout ratio is currently 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.

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

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