Westpac Banking Corp held its stake in Kohl’s Corporation (NYSE:KSS) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,258 shares of the company’s stock at the end of the second quarter. Westpac Banking Corp’s holdings in Kohl’s Corporation were worth $474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of KSS. BlackRock Inc. lifted its holdings in Kohl’s Corporation by 2,606.7% in the first quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock worth $732,277,000 after acquiring an additional 17,714,714 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Kohl’s Corporation by 48.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,809,881 shares of the company’s stock worth $191,493,000 after acquiring an additional 1,567,414 shares during the last quarter. Morgan Stanley lifted its holdings in Kohl’s Corporation by 45.1% in the first quarter. Morgan Stanley now owns 4,703,551 shares of the company’s stock worth $187,248,000 after acquiring an additional 1,461,596 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Kohl’s Corporation by 7.1% in the first quarter. Vanguard Group Inc. now owns 18,956,223 shares of the company’s stock worth $754,646,000 after acquiring an additional 1,254,285 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Kohl’s Corporation by 10.8% in the first quarter. JPMorgan Chase & Co. now owns 10,728,519 shares of the company’s stock worth $427,103,000 after acquiring an additional 1,043,218 shares during the last quarter.

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Kohl’s Corporation (NYSE:KSS) opened at 45.13 on Friday. The firm has a 50-day moving average of $40.61 and a 200 day moving average of $39.25. Kohl’s Corporation has a 52-week low of $35.16 and a 52-week high of $59.67. The firm has a market cap of $7.58 billion, a price-to-earnings ratio of 11.55 and a beta of 1.15.

Kohl’s Corporation (NYSE:KSS) last announced 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 net margin of 3.63% and a return on equity of 13.16%. The company had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same period in the prior year, the business earned $1.22 earnings per share. Kohl’s Corporation’s quarterly revenue was down .9% on a year-over-year basis. On average, equities research analysts forecast that Kohl’s Corporation will post $3.75 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th will be given 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 dividend yield of 4.87%. Kohl’s Corporation’s payout ratio is 56.41%.

KSS has been the topic of a number of recent research reports. BidaskClub raised shares of Kohl’s Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Vetr cut shares of Kohl’s Corporation from a “hold” rating to a “sell” rating and set a $37.51 target price on the stock. in a report on Monday, July 17th. Royal Bank Of Canada set a $39.00 price target on shares of Kohl’s Corporation and gave the company a “sell” rating in a research note on Tuesday, August 29th. TheStreet upgraded shares of Kohl’s Corporation from a “c+” rating to a “b-” rating in a research note on Monday, August 14th. Finally, Piper Jaffray Companies set a $37.00 price target on shares of Kohl’s Corporation and gave the company a “hold” rating in a research note on Thursday, August 10th. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have assigned a buy rating to the company’s stock. Kohl’s Corporation currently has a consensus rating of “Hold” and a consensus price target of $42.68.

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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