SG Americas Securities LLC reduced its position in shares of Kohl’s Corporation (NYSE:KSS) by 78.7% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 50,427 shares of the company’s stock after selling 186,759 shares during the period. SG Americas Securities LLC’s holdings in Kohl’s Corporation were worth $1,950,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of KSS. State of Wisconsin Investment Board boosted its stake in shares of Kohl’s Corporation by 31.2% in the second quarter. State of Wisconsin Investment Board now owns 158,432 shares of the company’s stock worth $6,127,000 after buying an additional 37,650 shares during the period. Rational Advisors LLC acquired a new stake in shares of Kohl’s Corporation during the second quarter worth approximately $1,438,000. Gargoyle Investment Advisor L.L.C. acquired a new stake in shares of Kohl’s Corporation during the second quarter worth approximately $305,000. Advisors Asset Management Inc. boosted its stake in shares of Kohl’s Corporation by 116.7% in the second quarter. Advisors Asset Management Inc. now owns 227,507 shares of the company’s stock worth $8,798,000 after buying an additional 122,535 shares during the period. Finally, Sigma Planning Corp boosted its stake in shares of Kohl’s Corporation by 13.5% in the second quarter. Sigma Planning Corp now owns 11,174 shares of the company’s stock worth $432,000 after buying an additional 1,328 shares during the period.

Kohl’s Corporation (NYSE KSS) opened at 39.22 on Friday. The firm’s 50-day moving average is $39.52 and its 200 day moving average is $39.24. Kohl’s Corporation has a 52 week low of $35.16 and a 52 week high of $59.67. The stock has a market cap of $6.59 billion, a price-to-earnings ratio of 10.04 and a beta of 1.16.

Kohl’s Corporation (NYSE:KSS) last announced its quarterly earnings data on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.05. The firm had revenue of $4.14 billion during 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 business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the business earned $1.22 EPS. On average, equities research analysts expect that Kohl’s Corporation will post $3.74 EPS for the current year.

The firm also recently disclosed 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. This represents a $2.20 annualized dividend and a yield of 5.61%. The ex-dividend date is Friday, September 1st. Kohl’s Corporation’s dividend payout ratio is currently 56.41%.

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A number of brokerages have recently commented on KSS. BidaskClub cut shares of Kohl’s Corporation from a “hold” rating to a “sell” rating in a research report on Sunday, August 20th. TheStreet upgraded shares of Kohl’s Corporation from a “c+” rating to a “b-” rating in a research report on Monday, August 14th. UBS AG reiterated a “neutral” rating and issued a $38.00 target price on shares of Kohl’s Corporation in a research report on Monday, August 14th. Argus reiterated a “hold” rating and issued a $39.50 target price on shares of Kohl’s Corporation in a research report on Monday, August 14th. Finally, Credit Suisse Group increased their target price on shares of Kohl’s Corporation from $39.00 to $44.00 and gave the company an “underperform” rating in a research report on Monday, August 14th. Six analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the company’s stock. Kohl’s Corporation has a consensus rating of “Hold” and an average price target 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.

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

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