UBS Asset Management Americas Inc. lifted its stake in shares of Kohl’s Corporation (NYSE:KSS) by 8.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 911,349 shares of the company’s stock after acquiring an additional 73,351 shares during the quarter. UBS Asset Management Americas Inc. owned 0.53% of Kohl’s Corporation worth $35,242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Quantitative Investment Management LLC increased its position in shares of Kohl’s Corporation by 60.6% during the second quarter. Quantitative Investment Management LLC now owns 251,400 shares of the company’s stock worth $9,721,000 after acquiring an additional 94,900 shares during the period. Isthmus Partners LLC increased its position in shares of Kohl’s Corporation by 4.9% during the second quarter. Isthmus Partners LLC now owns 103,045 shares of the company’s stock worth $3,985,000 after acquiring an additional 4,815 shares during the period. Mutual of America Capital Management LLC increased its position in shares of Kohl’s Corporation by 12.2% during the second quarter. Mutual of America Capital Management LLC now owns 20,653 shares of the company’s stock worth $799,000 after acquiring an additional 2,238 shares during the period. Thrivent Financial For Lutherans increased its position in shares of Kohl’s Corporation by 3.7% during the second quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock worth $265,000 after acquiring an additional 245 shares during the period. Finally, Strategic Global Advisors LLC purchased a new stake in shares of Kohl’s Corporation during the second quarter worth $374,000.

A number of research firms have recently weighed in on KSS. Jefferies Group LLC reaffirmed a “buy” rating and set a $50.00 price objective on shares of Kohl’s Corporation in a research report on Wednesday. Cowen and Company reaffirmed a “market perform” rating and set a $47.00 price objective (up previously from $42.00) on shares of Kohl’s Corporation in a research report on Thursday, September 21st. Citigroup Inc. upped their price objective on Kohl’s Corporation from $44.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, September 21st. OTR Global reaffirmed a “sell” rating on shares of Kohl’s Corporation in a research report on Tuesday, August 8th. Finally, Deutsche Bank AG boosted their target price on shares of Kohl’s Corporation from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Tuesday, August 8th. 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. The company has an average rating of “Hold” and a consensus price target of $43.23.

Shares of Kohl’s Corporation (NYSE:KSS) opened at 46.34 on Thursday. Kohl’s Corporation has a 52 week low of $35.16 and a 52 week high of $59.67. The stock’s 50 day moving average is $40.83 and its 200 day moving average is $39.25. The firm has a market cap of $7.81 billion, a P/E ratio of 11.86 and a beta of 1.15.

Kohl’s Corporation (NYSE:KSS) last released its earnings results on Thursday, August 10th. The company reported $1.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.19 by $0.05. The company had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.12 billion. Kohl’s Corporation had a net margin of 3.63% and a return on equity of 13.16%. The company’s revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.22 EPS. On average, equities research analysts predict that Kohl’s Corporation will post $3.76 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 4.75%. The ex-dividend date was Friday, September 1st. Kohl’s Corporation’s dividend payout ratio (DPR) is presently 56.41%.

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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.

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

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