Cumberland Partners Ltd increased its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 396.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 750,625 shares of the company’s stock after buying an additional 599,325 shares during the period. Kohl’s Corporation comprises approximately 4.6% of Cumberland Partners Ltd’s investment portfolio, making the stock its 5th largest holding. Cumberland Partners Ltd owned approximately 0.45% of Kohl’s Corporation worth $34,266,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Johnson Financial Group Inc. lifted its position in shares of Kohl’s Corporation by 0.3% during the 2nd 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 in the last quarter. Sentry Investment Management LLC lifted its position in shares of Kohl’s Corporation by 1.2% during the 2nd quarter. Sentry Investment Management LLC now owns 12,892 shares of the company’s stock valued at $499,000 after buying an additional 158 shares in the last quarter. Ropes Wealth Advisors LLC lifted its position in shares of Kohl’s Corporation by 1.5% during the 2nd quarter. Ropes Wealth Advisors LLC now owns 11,717 shares of the company’s stock valued at $453,000 after buying an additional 175 shares in the last quarter. Aviance Capital Partners LLC lifted its position in shares of Kohl’s Corporation by 1.5% during the 2nd quarter. Aviance Capital Partners LLC now owns 15,125 shares of the company’s stock valued at $585,000 after buying an additional 219 shares in the last quarter. Finally, Thrivent Financial For Lutherans lifted its position in shares of Kohl’s Corporation by 3.7% during the 2nd quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock valued at $265,000 after buying an additional 245 shares in the last quarter.

Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings data on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate 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 business had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same period in the prior year, the business earned $1.22 earnings per share. The business’s revenue was down .9% on a year-over-year basis.

KSS has been the topic of a number of recent analyst reports. Vetr upgraded Kohl’s Corporation from a “sell” rating to a “hold” rating and set a $37.51 target price on the stock in a research report on Monday, July 10th. Zacks Investment Research upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a report on Tuesday, July 11th. Royal Bank Of Canada restated a “sell” rating and issued a $39.00 price objective on shares of Kohl’s Corporation in a report on Monday, July 24th. Jefferies Group LLC restated a “buy” rating and issued a $48.00 price objective on shares of Kohl’s Corporation in a report on Sunday, July 30th. Finally, BidaskClub upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Six research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $43.20.

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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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