Centre Asset Management LLC purchased a new position in shares of Kohl’s Corporation (NYSE:KSS) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 100,030 shares of the company’s stock, valued at approximately $4,566,000. Centre Asset Management LLC owned 0.06% of Kohl’s Corporation as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of KSS. Wells Fargo & Company MN grew its stake in Kohl’s Corporation by 10.1% in the 2nd quarter. Wells Fargo & Company MN now owns 4,117,215 shares of the company’s stock valued at $159,213,000 after acquiring an additional 377,438 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Kohl’s Corporation by 1.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock valued at $422,066,000 after acquiring an additional 186,046 shares during the last quarter. BlackRock Inc. grew its stake in Kohl’s Corporation by 2,606.7% in the 1st quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock valued at $732,277,000 after acquiring an additional 17,714,714 shares during the last quarter. HGK Asset Management Inc. grew its stake in Kohl’s Corporation by 5.0% in the 2nd quarter. HGK Asset Management Inc. now owns 281,319 shares of the company’s stock valued at $10,879,000 after acquiring an additional 13,470 shares during the last quarter. Finally, Atria Investments LLC acquired a new stake in Kohl’s Corporation in the 2nd quarter valued at about $227,000.
Shares of Kohl’s Corporation (NYSE:KSS) traded down 5.20% during trading on Friday, reaching $42.32. The company had a trading volume of 3,179,122 shares. Kohl’s Corporation has a 12 month low of $35.16 and a 12 month high of $59.67. The firm has a market capitalization of $7.13 billion, a PE ratio of 10.83 and a beta of 1.19. The stock has a 50 day moving average price of $44.13 and a 200 day moving average price of $40.21.
Kohl’s Corporation (NYSE:KSS) last released its quarterly earnings results on Thursday, August 10th. The company reported $1.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.19 by $0.05. The business 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 firm’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period last year, the firm posted $1.22 EPS. On average, equities research analysts forecast that Kohl’s Corporation will post $3.76 EPS for the current year.
KSS has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Monday, October 16th. Telsey Advisory Group upgraded shares of Kohl’s Corporation from a “market perform” rating to an “outperform” rating and upped their target price for the company from $43.00 to $50.00 in a report on Monday, October 9th. ValuEngine upgraded shares of Kohl’s Corporation from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Jefferies Group LLC restated a “buy” rating and issued a $50.00 target price on shares of Kohl’s Corporation in a report on Wednesday, September 27th. Finally, Citigroup Inc. increased their price objective on shares of Kohl’s Corporation from $44.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, September 21st. Six equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $43.20.
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Kohl’s Corporation Company Profile
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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