Commonwealth Bank of Australia boosted its position in Kohl’s Corporation (NYSE:KSS) by 32.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 154,016 shares of the company’s stock after buying an additional 37,700 shares during the quarter. Commonwealth Bank of Australia owned approximately 0.09% of Kohl’s Corporation worth $5,955,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. increased its position in shares of Kohl’s Corporation by 2,606.7% during the 1st quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock worth $732,277,000 after purchasing an additional 17,714,714 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Kohl’s Corporation by 133.8% during the 1st quarter. Ameriprise Financial Inc. now owns 5,727,341 shares of the company’s stock worth $228,005,000 after purchasing an additional 3,277,850 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Kohl’s Corporation by 48.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,809,881 shares of the company’s stock worth $191,493,000 after purchasing an additional 1,567,414 shares during the last quarter. Morgan Stanley increased its position in shares of Kohl’s Corporation by 45.1% during the 1st quarter. Morgan Stanley now owns 4,703,551 shares of the company’s stock worth $187,248,000 after purchasing an additional 1,461,596 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Kohl’s Corporation by 7.1% during the 1st quarter. Vanguard Group Inc. now owns 18,956,223 shares of the company’s stock worth $754,646,000 after purchasing an additional 1,254,285 shares during the last quarter.

Shares of Kohl’s Corporation (KSS) opened at 42.00 on Friday. The company has a 50-day moving average price of $40.07 and a 200 day moving average price of $39.18. The company has a market capitalization of $7.06 billion, a P/E ratio of 10.75 and a beta of 1.15. Kohl’s Corporation has a 1-year low of $35.16 and a 1-year high of $59.67.

Kohl’s Corporation (NYSE:KSS) last released its earnings results on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) 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 business 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 earnings per share. The business’s revenue for the quarter was down .9% on a year-over-year basis. Equities research analysts anticipate that Kohl’s Corporation will post $3.75 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Wednesday, September 6th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date of this dividend is Friday, September 1st. Kohl’s Corporation’s dividend payout ratio is currently 56.41%.

Several research firms have weighed in on KSS. UBS AG reaffirmed a “neutral” rating and set a $38.00 price target on shares of Kohl’s Corporation in a research report on Monday, August 14th. Credit Suisse Group boosted their price target on Kohl’s Corporation from $39.00 to $44.00 and gave the stock an “underperform” rating in a research report on Monday, August 14th. ValuEngine lowered Kohl’s Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BMO Capital Markets set a $43.00 price target on Kohl’s Corporation and gave the stock a “hold” rating in a research report on Friday, August 11th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $43.00 price target on shares of Kohl’s Corporation in a research report on Thursday. Six research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the company. Kohl’s Corporation has a consensus rating of “Hold” and a consensus target price of $42.68.

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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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