Kohl’s Corporation (NYSE:KSS) released its quarterly earnings data on Thursday. The company reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.19 by $0.05, Bloomberg Earnings reports. The firm had revenue of $4.14 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Kohl’s Corporation had a return on equity of 13.29% and a net margin of 3.25%. Kohl’s Corporation’s revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.22 earnings per share.

Kohl’s Corporation (NYSE KSS) traded down 5.80% during mid-day trading on Thursday, hitting $39.50. The company had a trading volume of 19,716,008 shares. The company has a market cap of $6.73 billion, a PE ratio of 11.44 and a beta of 1.16. The company’s 50 day moving average price is $39.46 and its 200-day moving average price is $39.38. Kohl’s Corporation has a one year low of $35.16 and a one year high of $59.67. Kohl’s Corporation also was the recipient of some unusual options trading on Wednesday. Stock investors bought 20,293 call options on the company. This represents an increase of approximately 603% compared to the average volume of 2,886 call options.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date is Friday, September 1st. Kohl’s Corporation’s payout ratio is currently 64.14%.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Johnson Financial Group Inc. increased its position in shares of Kohl’s Corporation by 0.3% in the second 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 period. Altfest L J & Co. Inc. increased its position in shares of Kohl’s Corporation by 1.2% in the first quarter. Altfest L J & Co. Inc. now owns 5,732 shares of the company’s stock worth $228,000 after buying an additional 66 shares during the period. Botty Investors LLC increased its position in shares of Kohl’s Corporation by 0.8% in the first quarter. Botty Investors LLC now owns 11,745 shares of the company’s stock worth $467,000 after buying an additional 95 shares during the period. BLB&B Advisors LLC increased its position in shares of Kohl’s Corporation by 1.2% in the first quarter. BLB&B Advisors LLC now owns 8,250 shares of the company’s stock worth $328,000 after buying an additional 100 shares during the period. Finally, Advantus Capital Management Inc increased its position in shares of Kohl’s Corporation by 0.7% in the first quarter. Advantus Capital Management Inc now owns 17,611 shares of the company’s stock worth $701,000 after buying an additional 114 shares during the period.

KSS has been the subject of several research analyst reports. Citigroup Inc. reiterated a “buy” rating and issued a $44.00 price objective (down previously from $52.00) on shares of Kohl’s Corporation in a research report on Sunday, May 14th. Vetr cut Kohl’s Corporation from a “strong-buy” rating to a “buy” rating and set a $40.78 price objective for the company. in a research report on Monday, May 15th. Jefferies Group LLC cut their price objective on Kohl’s Corporation from $54.00 to $48.00 and set a “buy” rating for the company in a research report on Tuesday, May 9th. Zacks Investment Research upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research report on Tuesday, July 11th. Finally, BidaskClub upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the company’s stock. Kohl’s Corporation has a consensus rating of “Hold” and a consensus target price of $43.07.

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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.

Earnings History for Kohl`s Corporation (NYSE:KSS)

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