ValuEngine upgraded shares of Kohl’s Corporation (NYSE:KSS) from a hold rating to a buy rating in a research note published on Monday morning.

KSS has been the subject of several other research reports. UBS AG reaffirmed a neutral rating and issued a $38.00 target price on shares of Kohl’s Corporation in a research report on Monday, August 14th. Credit Suisse Group AG upped their target price 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. BMO Capital Markets set a $43.00 target price on Kohl’s Corporation and gave the stock a hold rating in a research report on Friday, August 11th. Robert W. Baird reaffirmed a neutral rating and issued a $43.00 target price on shares of Kohl’s Corporation in a research report on Thursday, September 7th. Finally, Deutsche Bank AG upped their target price on Kohl’s Corporation from $38.00 to $39.00 and gave the stock a hold rating in a research report on Tuesday, August 8th. Six investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $42.55.

Shares of Kohl’s Corporation (NYSE:KSS) traded down 2.202% during mid-day trading on Monday, hitting $43.295. The company had a trading volume of 1,906,885 shares. Kohl’s Corporation has a 12 month low of $35.16 and a 12 month high of $59.67. The firm has a 50-day moving average of $42.45 and a 200-day moving average of $39.72. The company has a market cap of $7.30 billion, a PE ratio of 11.081 and a beta of 1.19. Kohl’s Corporation also saw unusually large options trading on Tuesday. Investors bought 3,975 put options on the stock. This represents an increase of 225% compared to the average daily volume of 1,222 put options.

Kohl’s Corporation (NYSE:KSS) last announced its quarterly earnings results on Thursday, August 10th. The company reported $1.24 EPS 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 analyst estimates of $4.12 billion. Kohl’s Corporation had a return on equity of 13.16% and a net margin of 3.63%. The firm’s revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.22 earnings per share. On average, analysts expect that Kohl’s Corporation will post $3.76 EPS for the current year.

TRADEMARK VIOLATION WARNING: This story was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another website, it was illegally copied and reposted in violation of U.S. & international copyright & trademark legislation. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/10/06/kohls-corporation-kss-upgraded-at-valuengine.html.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 4.97%. The ex-dividend date was Friday, September 1st. Kohl’s Corporation’s dividend payout ratio (DPR) is presently 56.41%.

Several hedge funds have recently modified their holdings of KSS. 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 valued at $732,277,000 after purchasing an additional 17,714,714 shares during the period. Balyasny Asset Management LLC increased its position in shares of Kohl’s Corporation by 28,709.6% during the 2nd quarter. Balyasny Asset Management LLC now owns 1,667,786 shares of the company’s stock valued at $64,493,000 after purchasing an additional 1,661,997 shares during the period. 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 valued at $191,493,000 after purchasing an additional 1,567,414 shares during the period. 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 valued at $187,248,000 after purchasing an additional 1,461,596 shares during the period. Finally, Northern Trust Corp increased its position in shares of Kohl’s Corporation by 34.9% during the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after purchasing an additional 1,396,006 shares during the period.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Kohl`s Corporation (NYSE:KSS)

Receive News & Stock Ratings for Kohl's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's Corporation and related stocks with our FREE daily email newsletter.