O Shaughnessy Asset Management LLC Has $54.55 Million Stake in Kohl’s Co. (KSS)

O Shaughnessy Asset Management LLC reduced its stake in shares of Kohl’s Co. (NYSE:KSS) by 12.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 734,496 shares of the company’s stock after selling 108,719 shares during the quarter. O Shaughnessy Asset Management LLC owned about 0.44% of Kohl’s worth $54,550,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in Kohl’s by 32.6% in the 1st quarter. Principal Financial Group Inc. now owns 350,372 shares of the company’s stock valued at $22,952,000 after acquiring an additional 86,051 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in Kohl’s by 104.6% in the 1st quarter. Allianz Asset Management GmbH now owns 411,768 shares of the company’s stock valued at $26,975,000 after acquiring an additional 210,542 shares during the last quarter. DnB Asset Management AS raised its holdings in Kohl’s by 6.4% in the 2nd quarter. DnB Asset Management AS now owns 19,959 shares of the company’s stock valued at $1,455,000 after acquiring an additional 1,200 shares during the last quarter. IFM Investors Pty Ltd raised its holdings in Kohl’s by 34.9% in the 2nd quarter. IFM Investors Pty Ltd now owns 8,847 shares of the company’s stock valued at $645,000 after acquiring an additional 2,289 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in Kohl’s by 7.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 26,800 shares of the company’s stock valued at $1,952,000 after acquiring an additional 1,780 shares during the last quarter.

Kohl’s stock opened at $82.09 on Friday. Kohl’s Co. has a 1-year low of $37.97 and a 1-year high of $82.95. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 0.53. The company has a market capitalization of $13.38 billion, a PE ratio of 19.59, a PEG ratio of 2.20 and a beta of 1.10.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, August 21st. The company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.12. Kohl’s had a net margin of 4.79% and a return on equity of 15.55%. The business had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter in the prior year, the company posted $1.24 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. As a group, equities analysts forecast that Kohl’s Co. will post 5.47 earnings per share for the current fiscal year.

A number of analysts have commented on KSS shares. Cowen reiterated a “buy” rating and issued a $90.00 price objective on shares of Kohl’s in a report on Thursday, August 16th. Zacks Investment Research upgraded shares of Kohl’s from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a report on Tuesday, July 24th. ValuEngine downgraded shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Wedbush started coverage on shares of Kohl’s in a report on Friday, August 10th. They issued a “neutral” rating and a $75.00 price objective for the company. Finally, Guggenheim reiterated a “buy” rating and issued a $85.00 price objective on shares of Kohl’s in a report on Tuesday, August 21st. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $78.20.

In related news, Director Stephanie A. Streeter sold 4,776 shares of the stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $81.50, for a total transaction of $389,244.00. Following the completion of the transaction, the director now owns 24,860 shares of the company’s stock, valued at approximately $2,026,090. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Sona Chawla sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 26th. The stock was sold at an average price of $74.69, for a total transaction of $746,900.00. Following the transaction, the president now directly owns 224,159 shares of the company’s stock, valued at approximately $16,742,435.71. The disclosure for this sale can be found here. In the last three months, insiders sold 75,788 shares of company stock valued at $6,104,331. Corporate insiders own 1.20% of the company’s stock.

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

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