Paragon Capital Management Ltd acquired a new stake in Kohl’s Corporation (NYSE:KSS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,211 shares of the company’s stock, valued at approximately $240,000.
A number of other large investors have also bought and sold shares of the company. Johnson Financial Group Inc. increased its stake in Kohl’s Corporation by 30.9% in the first quarter. Johnson Financial Group Inc. now owns 3,295 shares of the company’s stock valued at $132,000 after buying an additional 778 shares in the last quarter. CENTRAL TRUST Co increased its stake in Kohl’s Corporation by 68.6% in the second quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock valued at $129,000 after buying an additional 1,352 shares in the last quarter. Exane Derivatives increased its stake in Kohl’s Corporation by 209.8% in the second quarter. Exane Derivatives now owns 3,687 shares of the company’s stock valued at $143,000 after buying an additional 2,497 shares in the last quarter. Breton Hill Capital Ltd. acquired a new stake in Kohl’s Corporation during the first quarter valued at about $203,000. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in Kohl’s Corporation during the fourth quarter valued at about $282,000.
Shares of Kohl’s Corporation (KSS) traded up 0.23% on Tuesday, reaching $42.82. The company’s stock had a trading volume of 5,461,115 shares. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of 12.40 and a beta of 1.16. Kohl’s Corporation has a 52 week low of $35.16 and a 52 week high of $59.67. The stock has a 50-day moving average of $38.99 and a 200 day moving average of $39.35.
Kohl’s Corporation (NYSE:KSS) last released its quarterly earnings results on Thursday, May 11th. The company reported $0.39 earnings per share for the quarter, beating the Zacks’ 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 analysts’ expectations of $3.91 billion. During the same period last year, the firm posted $0.31 EPS. The business’s revenue was down 3.2% on a year-over-year basis. On average, analysts expect that Kohl’s Corporation will post $3.67 EPS for the current year.
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Several equities research analysts have issued reports on the company. UBS AG dropped their price objective on Kohl’s Corporation from $44.00 to $38.00 and set a “neutral” rating on the stock in a report on Friday, May 12th. OTR Global reiterated a “sell” rating on shares of Kohl’s Corporation in a report on Tuesday. BidaskClub upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Deutsche Bank AG boosted their price target on Kohl’s Corporation from $38.00 to $39.00 and gave the company a “hold” rating in a report on Tuesday. Finally, Zacks Investment Research upgraded Kohl’s Corporation from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. Kohl’s Corporation has an average rating of “Hold” and a consensus price target of $42.64.
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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