Andra AP fonden trimmed its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 10.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,900 shares of the company’s stock after selling 6,500 shares during the period. Andra AP fonden’s holdings in Kohl’s Corporation were worth $2,162,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. increased its holdings in Kohl’s Corporation by 16.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 611,485 shares of the company’s stock valued at $23,644,000 after purchasing an additional 85,355 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in Kohl’s Corporation during the 2nd quarter valued at $146,000. Thompson Investment Management Inc. increased its holdings in Kohl’s Corporation by 1.8% during the 2nd quarter. Thompson Investment Management Inc. now owns 97,868 shares of the company’s stock valued at $3,784,000 after purchasing an additional 1,695 shares in the last quarter. Aviva PLC increased its holdings in Kohl’s Corporation by 1.1% during the 2nd quarter. Aviva PLC now owns 104,493 shares of the company’s stock valued at $4,041,000 after purchasing an additional 1,110 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in Kohl’s Corporation by 15.0% during the 2nd quarter. Victory Capital Management Inc. now owns 87,313 shares of the company’s stock valued at $3,376,000 after purchasing an additional 11,368 shares in the last quarter.

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Kohl’s Corporation (NYSE KSS) opened at 40.10 on Monday. The stock has a 50 day moving average price of $39.81 and a 200 day moving average price of $39.19. Kohl’s Corporation has a 52-week low of $35.16 and a 52-week high of $59.67. The company has a market capitalization of $6.74 billion, a price-to-earnings ratio of 10.26 and a beta of 1.15.

Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings results on Thursday, August 10th. The company reported $1.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.05. Kohl’s Corporation had a return on equity of 13.16% and a net margin of 3.63%. The firm had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same period last year, the business posted $1.22 EPS. The business’s revenue was down .9% compared to the same quarter last year. Analysts anticipate that Kohl’s Corporation will post $3.75 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Wednesday, September 6th will be issued a dividend of $0.55 per share. The ex-dividend date is Friday, September 1st. This represents a $2.20 dividend on an annualized basis and a yield of 5.49%. Kohl’s Corporation’s payout ratio is currently 56.41%.

A number of equities research analysts recently weighed in on the company. UBS AG dropped their price target on Kohl’s Corporation from $44.00 to $38.00 and set a “neutral” rating for the company in a report on Friday, May 12th. BMO Capital Markets set a $43.00 price target on Kohl’s Corporation and gave the company a “hold” rating in a report on Friday, August 11th. Jefferies Group LLC reaffirmed a “buy” rating and set a $50.00 price target (up from $48.00) on shares of Kohl’s Corporation in a report on Friday, August 11th. BidaskClub raised Kohl’s Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, Deutsche Bank AG raised their price target on Kohl’s Corporation from $38.00 to $39.00 and gave the company a “hold” rating in a report on Tuesday, August 8th. Six investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the stock. Kohl’s Corporation currently has a consensus rating of “Hold” and an average target price of $42.73.

Kohl’s Corporation 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.

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

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