Kohl’s Corporation (KSS) Position Boosted by Thompson Investment Management Inc.
Thompson Investment Management Inc. lifted its holdings in Kohl’s Corporation (NYSE:KSS) by 7.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,259 shares of the company’s stock after purchasing an additional 7,391 shares during the period. Thompson Investment Management Inc. owned about 0.06% of Kohl’s Corporation worth $4,805,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also made changes to their positions in the company. Ffcm LLC increased its stake in shares of Kohl’s Corporation by 179.3% in the 2nd quarter. Ffcm LLC now owns 3,033 shares of the company’s stock valued at $120,000 after purchasing an additional 1,947 shares in the last quarter. Johnson Financial Group Inc. boosted its holdings in Kohl’s Corporation by 0.3% in the 2nd quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock worth $128,000 after buying an additional 10 shares during the last quarter. CENTRAL TRUST Co boosted its holdings in Kohl’s Corporation by 68.6% in the 2nd quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock worth $129,000 after buying an additional 1,352 shares during the last quarter. Exane Derivatives boosted its holdings in Kohl’s Corporation by 209.8% in the 2nd quarter. Exane Derivatives now owns 3,687 shares of the company’s stock worth $143,000 after buying an additional 2,497 shares during the last quarter. Finally, Penserra Capital Management LLC acquired a new stake in Kohl’s Corporation in the 2nd quarter worth about $146,000.
Kohl’s Corporation (KSS) traded up $0.07 during trading on Thursday, hitting $42.27. The stock had a trading volume of 3,493,200 shares, compared to its average volume of 4,504,865. Kohl’s Corporation has a 1-year low of $35.16 and a 1-year high of $59.67. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $7,160.00, a price-to-earnings ratio of 11.19, a P/E/G ratio of 1.69 and a beta of 1.22.
Kohl’s Corporation (NYSE:KSS) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). Kohl’s Corporation had a return on equity of 12.72% and a net margin of 3.47%. The company had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.30 billion. During the same period in the prior year, the company posted $0.80 EPS. The firm’s revenue was up .1% compared to the same quarter last year. equities research analysts expect that Kohl’s Corporation will post 3.75 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.20%. Kohl’s Corporation’s payout ratio is currently 58.36%.
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Several equities research analysts recently issued reports on KSS shares. Royal Bank Of Canada reiterated a “sell” rating on shares of Kohl’s Corporation in a report on Sunday. TheStreet upgraded Kohl’s Corporation from a “c+” rating to a “b-” rating in a report on Monday, August 14th. Citigroup Inc. lifted their price objective on Kohl’s Corporation from $44.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, September 21st. BidaskClub cut Kohl’s Corporation from a “buy” rating to a “hold” rating in a report on Monday, August 14th. Finally, Jefferies Group LLC restated a “buy” rating and set a $50.00 target price on shares of Kohl’s Corporation in a report on Wednesday, September 27th. Six analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $42.74.
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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