Pflug Koory LLC Sells 250 Shares of Kohl’s Co. (NYSE:KSS)

Pflug Koory LLC decreased its position in Kohl’s Co. (NYSE:KSS) by 3.3% during the second quarter, HoldingsChannel.com reports. The firm owned 7,365 shares of the company’s stock after selling 250 shares during the quarter. Pflug Koory LLC’s holdings in Kohl’s were worth $350,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in KSS. Miller Howard Investments Inc. NY bought a new position in Kohl’s in the 2nd quarter worth about $39,387,000. USS Investment Management Ltd purchased a new position in Kohl’s in the 2nd quarter worth about $18,694,000. Delek Group Ltd. purchased a new position in Kohl’s in the 1st quarter worth about $15,344,000. Geode Capital Management LLC raised its position in Kohl’s by 6.4% in the 4th quarter. Geode Capital Management LLC now owns 2,939,284 shares of the company’s stock worth $194,900,000 after buying an additional 177,898 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in Kohl’s by 6.2% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 2,848,859 shares of the company’s stock worth $195,916,000 after buying an additional 167,487 shares during the last quarter.

KSS has been the subject of a number of recent analyst reports. Robert W. Baird decreased their target price on Kohl’s from $80.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, May 22nd. UBS Group decreased their target price on Kohl’s from $72.00 to $57.00 and set a “neutral” rating for the company in a research report on Friday, May 24th. TheStreet lowered Kohl’s from a “b-” rating to a “c+” rating in a research report on Tuesday, June 18th. Zacks Investment Research lowered Kohl’s from a “hold” rating to a “sell” rating in a research report on Friday, May 24th. Finally, Morgan Stanley decreased their target price on Kohl’s from $58.00 to $50.00 and set an “underweight” rating for the company in a research report on Thursday, May 23rd. Four analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $69.11.

Shares of NYSE KSS traded up $1.27 during midday trading on Friday, hitting $45.54. 182,057 shares of the company’s stock traded hands, compared to its average volume of 3,825,229. Kohl’s Co. has a 1 year low of $43.33 and a 1 year high of $83.28. The stock has a market capitalization of $8.21 billion, a price-to-earnings ratio of 8.13, a price-to-earnings-growth ratio of 0.96 and a beta of 1.00. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.34 and a current ratio of 1.66. The firm has a fifty day moving average of $49.22 and a 200 day moving average of $59.79.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, May 21st. The company reported $0.61 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by ($0.06). Kohl’s had a net margin of 3.91% and a return on equity of 16.74%. The business had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the previous year, the company earned $0.64 EPS. Kohl’s’s revenue for the quarter was down 3.3% compared to the same quarter last year. On average, equities analysts anticipate that Kohl’s Co. will post 5.29 earnings per share for the current year.

About Kohl’s

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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