Atria Investments LLC bought a new position in shares of Kohl’s Corporation (NYSE:KSS) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,875 shares of the company’s stock, valued at approximately $227,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Country Club Trust Company n.a. purchased a new stake in Kohl’s Corporation during the second quarter valued at $2,835,000. Xact Kapitalforvaltning AB boosted its stake in Kohl’s Corporation by 3.5% in the second quarter. Xact Kapitalforvaltning AB now owns 27,961 shares of the company’s stock valued at $1,081,000 after buying an additional 948 shares during the period. Nuveen Asset Management LLC boosted its stake in Kohl’s Corporation by 35.9% in the first quarter. Nuveen Asset Management LLC now owns 308,605 shares of the company’s stock valued at $12,286,000 after buying an additional 81,579 shares during the period. Piedmont Investment Advisors LLC boosted its stake in Kohl’s Corporation by 1.8% in the first quarter. Piedmont Investment Advisors LLC now owns 69,635 shares of the company’s stock valued at $2,772,000 after buying an additional 1,234 shares during the period. Finally, Achmea Investment Management B.V. purchased a new stake in Kohl’s Corporation during the first quarter valued at $3,573,000.
Shares of Kohl’s Corporation (NYSE KSS) traded down 0.67% during midday trading on Friday, reaching $41.24. The company had a trading volume of 2,616,646 shares. The company has a market capitalization of $7.03 billion, a P/E ratio of 12.06 and a beta of 1.15. The company has a 50-day moving average price of $38.45 and a 200 day moving average price of $39.32. Kohl’s Corporation has a one year low of $35.16 and a one year high of $59.67.
Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings data on Thursday, May 11th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.29 by $0.10. Kohl’s Corporation had a return on equity of 13.29% and a net margin of 3.25%. The firm had revenue of $3.84 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the prior year, the business posted $0.31 EPS. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. Equities analysts anticipate that Kohl’s Corporation will post $3.66 earnings per share for the current fiscal year.
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Several analysts have recently weighed in on the company. Jefferies Group LLC set a $48.00 price target on Kohl’s Corporation and gave the stock a “buy” rating in a report on Sunday. Piper Jaffray Companies set a $38.00 price objective on Kohl’s Corporation and gave the stock a “hold” rating in a research note on Thursday, May 11th. Atlantic Securities raised Kohl’s Corporation from an “underweight” rating to a “neutral” rating and lifted their price objective for the stock from $36.00 to $42.00 in a research note on Thursday, May 4th. Vetr lowered Kohl’s Corporation from a “hold” rating to a “sell” rating and set a $37.51 price objective on the stock. in a research note on Tuesday, July 4th. Finally, BidaskClub raised Kohl’s Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Five analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $42.60.
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.
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