Citigroup Inc. upgraded shares of Kohl’s Corp. (NYSE:KSS) from a neutral rating to a buy rating in a report released on Monday morning.

Other equities research analysts also recently issued research reports about the company. Telsey Advisory Group increased their price objective on Kohl’s Corp. from $44.00 to $51.00 and gave the company an outperform rating in a research report on Friday, August 12th. Vetr downgraded Kohl’s Corp. from a buy rating to a sell rating and set a $41.50 price objective for the company. in a research report on Friday, August 12th. Deutsche Bank AG increased their target price on Kohl’s Corp. from $40.00 to $45.00 and gave the company a hold rating in a report on Friday, August 12th. Jefferies Group increased their target price on Kohl’s Corp. from $50.00 to $57.00 and gave the company a buy rating in a report on Friday, November 11th. Finally, Royal Bank Of Canada increased their target price on Kohl’s Corp. from $37.00 to $44.00 and gave the company an underperform rating in a report on Friday, August 12th. Seven investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company. Kohl’s Corp. presently has a consensus rating of Hold and an average target price of $49.07.

Shares of Kohl’s Corp. (NYSE:KSS) traded down 0.19% during midday trading on Monday, hitting $53.68. The stock had a trading volume of 170,553 shares. The firm has a market cap of $9.50 billion, a price-to-earnings ratio of 16.34 and a beta of 1.00. The company’s 50-day moving average price is $45.29 and its 200-day moving average price is $41.36. Kohl’s Corp. has a 12-month low of $33.87 and a 12-month high of $57.27.

Kohl’s Corp. (NYSE:KSS) last issued its quarterly earnings results on Thursday, November 10th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.10. The firm earned $4.33 billion during the quarter, compared to analyst estimates of $4.33 billion. Kohl’s Corp. had a return on equity of 13.59% and a net margin of 3.17%. The firm’s quarterly revenue was down 2.3% on a year-over-year basis. During the same period last year, the company posted $0.75 EPS. Equities research analysts forecast that Kohl’s Corp. will post $3.89 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 21st. Stockholders of record on Wednesday, December 7th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, December 5th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.72%. Kohl’s Corp.’s dividend payout ratio is 61.16%.

In related news, CFO Wesley S. Mcdonald sold 27,376 shares of the business’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $52.41, for a total value of $1,434,776.16. Following the sale, the chief financial officer now directly owns 93,908 shares of the company’s stock, valued at approximately $4,921,718.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Wesley S. Mcdonald sold 71,582 shares of the business’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $55.45, for a total transaction of $3,969,221.90. Following the completion of the sale, the chief financial officer now directly owns 108,788 shares in the company, valued at $6,032,294.60. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

A number of large investors have recently bought and sold shares of KSS. Bank of Montreal Can acquired a new stake in shares of Kohl’s Corp. during the second quarter valued at approximately $58,707,000. Hamlin Capital Management LLC acquired a new stake in shares of Kohl’s Corp. during the third quarter valued at approximately $57,296,000. Schroder Investment Management Group boosted its stake in shares of Kohl’s Corp. by 217.2% in the third quarter. Schroder Investment Management Group now owns 1,852,137 shares of the company’s stock valued at $81,031,000 after buying an additional 1,268,165 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Kohl’s Corp. by 10.8% in the second quarter. JPMorgan Chase & Co. now owns 12,210,081 shares of the company’s stock valued at $463,006,000 after buying an additional 1,186,640 shares during the period. Finally, Morgan Stanley boosted its stake in shares of Kohl’s Corp. by 377.9% in the third quarter. Morgan Stanley now owns 1,336,085 shares of the company’s stock valued at $58,453,000 after buying an additional 1,056,527 shares during the period. 97.43% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Corp. Company Profile

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company also operates an e-commerce Website (www.Kohls.com). The Company operates over 1,160 department stores in approximately 50 states. The Company sells private label, exclusive and national brand apparel, footwear, accessories, beauty and home products.

5 Day Chart for NYSE:KSS

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