Wealthfront Inc. bought a new stake in shares of Kohl’s Corporation (NYSE:KSS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 16,691 shares of the company’s stock, valued at approximately $645,000.

Other hedge funds also recently bought and sold shares of the company. Ffcm LLC grew its holdings in shares of Kohl’s Corporation by 179.3% during the second quarter. Ffcm LLC now owns 3,033 shares of the company’s stock worth $120,000 after purchasing an additional 1,947 shares in the last quarter. Johnson Financial Group Inc. grew its holdings in shares of Kohl’s Corporation by 0.3% during the second quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock worth $128,000 after purchasing an additional 10 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of Kohl’s Corporation by 68.6% during the second quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock worth $129,000 after purchasing an additional 1,352 shares in the last quarter. Exane Derivatives grew its holdings in shares of Kohl’s Corporation by 209.8% during the second quarter. Exane Derivatives now owns 3,687 shares of the company’s stock worth $143,000 after purchasing an additional 2,497 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new position in shares of Kohl’s Corporation during the second quarter worth about $146,000.

COPYRIGHT VIOLATION WARNING: “Wealthfront Inc. Buys New Holdings in Kohl’s Corporation (KSS)” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.watchlistnews.com/wealthfront-inc-buys-new-holdings-in-kohls-corporation-kss/1580440.html.

Shares of Kohl’s Corporation (NYSE:KSS) traded up 0.36% during mid-day trading on Friday, reaching $45.10. The company’s stock had a trading volume of 499,896 shares. Kohl’s Corporation has a 52-week low of $35.16 and a 52-week high of $59.67. The company has a market cap of $7.60 billion, a PE ratio of 11.54 and a beta of 1.15. The company has a 50-day moving average price of $40.83 and a 200 day moving average price of $39.25.

Kohl’s Corporation (NYSE:KSS) last announced its earnings results on Thursday, August 10th. The company reported $1.24 EPS for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.05. 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 13.16% and a net margin of 3.63%. The company’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.22 EPS. Equities analysts expect that Kohl’s Corporation will post $3.75 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date of this dividend was Friday, September 1st. Kohl’s Corporation’s dividend payout ratio (DPR) is 56.41%.

Several research analysts have recently commented on the company. Cowen and Company reissued a “market perform” rating and set a $47.00 price objective (up previously from $42.00) on shares of Kohl’s Corporation in a report on Thursday. BMO Capital Markets set a $43.00 price objective on Kohl’s Corporation and gave the stock a “hold” rating in a report on Friday, August 11th. Jefferies Group LLC reissued a “buy” rating and set a $50.00 price objective (up previously from $48.00) on shares of Kohl’s Corporation in a report on Friday, August 11th. Citigroup Inc. boosted 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. Finally, BidaskClub raised Kohl’s Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Six investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $43.23.

About Kohl’s Corporation

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.

Want to see what other hedge funds are holding KSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kohl’s Corporation (NYSE:KSS).

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

Receive News & Ratings for Kohl's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.