Swiss National Bank Sells 5,600 Shares of Kohl's Co. (KSS)

Swiss National Bank lowered its holdings in Kohl's Co. (NYSE:KSS) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 632,983 shares of the company’s stock after selling 5,600 shares during the period. Swiss National Bank’s holdings in Kohl's were worth $34,327,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of KSS. Cerebellum GP LLC bought a new stake in Kohl's in the 4th quarter valued at about $121,000. Raymond James Trust N.A. bought a new stake in Kohl's in the 3rd quarter valued at about $200,000. Calton & Associates Inc. bought a new stake in Kohl's in the 4th quarter valued at about $202,000. CIBC World Markets Inc. bought a new stake in Kohl's in the 4th quarter valued at about $202,000. Finally, Keybank National Association OH bought a new stake in Kohl's in the 3rd quarter valued at about $207,000.

A number of analysts have issued reports on the stock. Citigroup boosted their price objective on shares of Kohl's from $65.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, January 10th. Guggenheim reissued a “buy” rating and issued a $60.00 price objective on shares of Kohl's in a report on Wednesday, January 10th. Zacks Investment Research downgraded shares of Kohl's from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. ValuEngine raised shares of Kohl's from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Piper Jaffray Companies set a $55.00 target price on shares of Kohl's and gave the company a “hold” rating in a research report on Wednesday, January 10th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $56.91.

In related news, Director Stephanie A. Streeter sold 4,173 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the transaction, the director now directly owns 21,960 shares in the company, valued at approximately $1,182,546. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.

Kohl's Co. (NYSE:KSS) opened at $65.61 on Friday. The stock has a market cap of $11,022.81, a P/E ratio of 17.40, a P/E/G ratio of 2.11 and a beta of 1.35. Kohl's Co. has a 12-month low of $35.16 and a 12-month high of $69.14. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88.

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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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