Kohl’s Corporation (KSS) Shares Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 32.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,815 shares of the company’s stock after acquiring an additional 12,405 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Kohl’s Corporation were worth $2,320,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Balyasny Asset Management LLC grew its holdings in Kohl’s Corporation by 28,709.6% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,667,786 shares of the company’s stock valued at $64,493,000 after buying an additional 1,661,997 shares in the last quarter. Northern Trust Corp lifted its position in shares of Kohl’s Corporation by 34.9% during the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after acquiring an additional 1,396,006 shares during the period. Royal Bank of Canada lifted its position in shares of Kohl’s Corporation by 220.4% during the 2nd quarter. Royal Bank of Canada now owns 460,527 shares of the company’s stock valued at $17,810,000 after acquiring an additional 843,101 shares during the period. Parametric Portfolio Associates LLC lifted its position in shares of Kohl’s Corporation by 115.2% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,220,851 shares of the company’s stock valued at $47,210,000 after acquiring an additional 653,659 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Kohl’s Corporation by 13.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,457,350 shares of the company’s stock valued at $211,022,000 after acquiring an additional 647,469 shares during the period.

KSS has been the subject of several recent analyst reports. Zacks Investment Research raised Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research note on Monday, October 16th. Telsey Advisory Group raised Kohl’s Corporation from a “market perform” rating to an “outperform” rating and increased their price target for the company from $43.00 to $50.00 in a research note on Monday, October 9th. Royal Bank of Canada set a $39.00 target price on Kohl’s Corporation and gave the stock a “sell” rating in a research note on Tuesday, August 29th. Vetr cut Kohl’s Corporation from a “hold” rating to a “sell” rating and set a $37.51 target price for the company. in a research note on Monday, July 17th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $48.00 price objective on shares of Kohl’s Corporation in a research note on Sunday, July 30th. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $43.40.

Kohl’s Corporation (NYSE:KSS) traded up $1.87 during midday trading on Friday, hitting $43.04. The stock had a trading volume of 7,091,500 shares, compared to its average volume of 4,512,908. Kohl’s Corporation has a 12 month low of $35.16 and a 12 month high of $59.67. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.34 and a current ratio of 1.63. The company has a market cap of $6,940.44, a price-to-earnings ratio of 10.92, a PEG ratio of 1.95 and a beta of 1.22.

Kohl’s Corporation (NYSE:KSS) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). The business had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.30 billion. Kohl’s Corporation had a net margin of 3.47% and a return on equity of 12.72%. The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the previous year, the company earned $0.80 EPS. sell-side analysts anticipate that Kohl’s Corporation will post 3.73 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th will be issued a dividend of $0.55 per share. The ex-dividend date is Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.11%. Kohl’s Corporation’s dividend payout ratio (DPR) is 58.36%.

TRADEMARK VIOLATION NOTICE: This piece of content was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of international copyright legislation. The correct version of this piece of content can be accessed at https://www.dispatchtribunal.com/2017/11/11/kohls-corporation-kss-shares-bought-by-assenagon-asset-management-s-a.html.

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.

Institutional Ownership by Quarter for Kohl`s Corporation (NYSE:KSS)

Receive News & Ratings for Kohl's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply