Gargoyle Investment Advisor L.L.C. purchased a new stake in shares of Kohl’s Corporation (NYSE:KSS) during the second quarter, Holdings Channel reports. The fund purchased 7,879 shares of the company’s stock, valued at approximately $305,000.

Other large investors also recently modified their holdings of the company. CENTRAL TRUST Co boosted its stake in shares of 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 during the last quarter. Johnson Financial Group Inc. boosted its stake in shares of 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 during the last quarter. Exane Derivatives boosted its stake in shares of 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 during the last quarter. Breton Hill Capital Ltd. bought a new stake in shares of Kohl’s Corporation during the first quarter valued at $203,000. Finally, Atria Investments LLC bought a new stake in shares of Kohl’s Corporation during the second quarter valued at $227,000.

Kohl’s Corporation (KSS) opened at 38.69 on Tuesday. The stock has a 50 day moving average price of $39.69 and a 200-day moving average price of $39.34. Kohl’s Corporation has a 12-month low of $35.16 and a 12-month high of $59.67. The company has a market cap of $6.50 billion, a price-to-earnings ratio of 9.90 and a beta of 1.16.

Kohl’s Corporation (NYSE:KSS) last posted its quarterly earnings results on Thursday, August 10th. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.05. The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.22 EPS. On average, analysts predict that Kohl’s Corporation will post $3.74 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th will be paid a $0.55 dividend. The ex-dividend date is Friday, September 1st. This represents a $2.20 annualized dividend and a dividend yield of 5.69%. Kohl’s Corporation’s payout ratio is currently 56.41%.

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Several equities research analysts have recently weighed in on the company. UBS AG reissued a “neutral” rating and issued a $38.00 price target on shares of Kohl’s Corporation in a research note on Monday. Credit Suisse Group raised their target price on Kohl’s Corporation from $39.00 to $44.00 and gave the stock an “underperform” rating in a research note on Monday. BMO Capital Markets set a $43.00 target price on Kohl’s Corporation and gave the stock a “hold” rating in a research note on Friday. Vetr cut Kohl’s Corporation from a “strong-buy” rating to a “buy” rating and set a $40.78 target price for the company. in a research note on Monday, May 15th. Finally, Deutsche Bank AG raised their target price on Kohl’s Corporation from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Tuesday, August 8th. Five investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the stock. Kohl’s Corporation currently has a consensus rating of “Hold” and a consensus target price of $42.73.

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

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