Fmr LLC cut its position in shares of Kohl’s Corporation (NYSE:KSS) by 42.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,957,127 shares of the company’s stock after selling 1,435,547 shares during the period. Fmr LLC owned approximately 1.15% of Kohl’s Corporation worth $75,682,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ffcm LLC boosted its stake in Kohl’s Corporation by 179.3% during the second quarter. Ffcm LLC now owns 3,033 shares of the company’s stock valued at $120,000 after buying an additional 1,947 shares during the last quarter. Johnson Financial Group Inc. boosted its stake 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 valued at $128,000 after buying an additional 10 shares during the last quarter. CENTRAL TRUST Co boosted its stake in Kohl’s Corporation by 68.6% during the second quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock valued at $129,000 after buying an additional 1,352 shares during the last quarter. Exane Derivatives boosted its stake in Kohl’s Corporation by 209.8% during the second quarter. Exane Derivatives now owns 3,687 shares of the company’s stock valued at $143,000 after buying an additional 2,497 shares during the last quarter. Finally, Penserra Capital Management LLC bought a new position in Kohl’s Corporation during the second quarter valued at approximately $146,000.

Several equities research analysts have recently issued reports on the company. Jefferies Group LLC reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Kohl’s Corporation in a research note on Wednesday, September 27th. Citigroup Inc. raised their price objective on Kohl’s Corporation from $44.00 to $51.00 and gave the company a “buy” rating in a research note on Thursday, September 21st. Cowen and Company reaffirmed a “market perform” rating and issued a $47.00 price objective (up from $42.00) on shares of Kohl’s Corporation in a research note on Thursday, September 21st. ValuEngine raised Kohl’s Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Telsey Advisory Group raised Kohl’s Corporation from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $43.00 to $50.00 in a research note on Monday. Six analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $42.90.

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Kohl’s Corporation (NYSE:KSS) last released its quarterly earnings data on Thursday, August 10th. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.05. Kohl’s Corporation had a return on equity of 13.16% and a net margin of 3.63%. The firm 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 firm posted $1.22 earnings per share. The firm’s quarterly revenue was down .9% on a year-over-year basis.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 5.20%. The ex-dividend date was Friday, September 1st. Kohl’s Corporation’s dividend payout ratio is presently 56.41%.

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

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