Zurcher Kantonalbank Zurich Cantonalbank lowered its position in Kohl's Co. (NYSE:KSS) by 12.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 192,751 shares of the company’s stock after selling 26,405 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Kohl's were worth $10,453,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cerebellum GP LLC purchased a new stake in Kohl's in the fourth quarter valued at approximately $121,000. Raymond James Trust N.A. acquired a new position in Kohl's in the third quarter valued at approximately $200,000. Keybank National Association OH acquired a new position in Kohl's in the third quarter valued at approximately $207,000. VNBTrust National Association acquired a new position in Kohl's in the fourth quarter valued at approximately $212,000. Finally, BB&T Investment Services Inc. acquired a new position in Kohl's in the second quarter valued at approximately $217,000.

Kohl's Co. (NYSE:KSS) opened at $63.47 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. The firm has a market capitalization of $10,663.28, a P/E ratio of 16.84, a PEG ratio of 2.05 and a beta of 1.35. Kohl's Co. has a 52 week low of $35.16 and a 52 week high of $69.14.

Kohl's (NYSE:KSS) last announced its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by ($0.02). The business had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.30 billion. Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.80 earnings per share. research analysts anticipate that Kohl's Co. will post 4.08 earnings per share for the current year.

In other Kohl's news, Director Jonas Prising bought 4,725 shares of Kohl's stock in a transaction dated Wednesday, November 15th. The stock was acquired at an average cost of $42.35 per share, with a total value of $200,103.75. Following the purchase, the director now directly owns 8,661 shares in the company, valued at approximately $366,793.35. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Stephanie A. Streeter sold 4,173 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the transaction, the director now directly owns 21,960 shares of the company’s stock, valued at $1,182,546. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

KSS has been the subject of a number of analyst reports. Zacks Investment Research downgraded Kohl's from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Royal Bank of Canada reissued a “sell” rating on shares of Kohl's in a report on Sunday, November 12th. Piper Jaffray Companies set a $55.00 price target on Kohl's and gave the company a “hold” rating in a report on Wednesday, January 10th. Citigroup boosted their price target on Kohl's from $65.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, January 10th. Finally, ValuEngine raised Kohl's from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Five research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company. Kohl's has a consensus rating of “Hold” and an average target price of $54.81.

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About Kohl's

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 (NYSE:KSS)

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