PNC Financial Services Group Inc. cut its holdings in Kohl’s Corporation (NYSE:KSS) by 35.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 31,263 shares of the company’s stock after selling 17,331 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Kohl’s Corporation were worth $1,208,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ffcm LLC lifted its stake in Kohl’s Corporation by 179.3% in the 2nd quarter. Ffcm LLC now owns 3,033 shares of the company’s stock valued at $120,000 after acquiring an additional 1,947 shares in the last quarter. Johnson Financial Group Inc. lifted its stake in Kohl’s Corporation by 0.3% in the 2nd quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock valued at $128,000 after acquiring an additional 10 shares in the last quarter. CENTRAL TRUST Co lifted its stake in Kohl’s Corporation by 68.6% in the 2nd quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock valued at $129,000 after acquiring an additional 1,352 shares in the last quarter. Exane Derivatives lifted its stake in Kohl’s Corporation by 209.8% in the 2nd quarter. Exane Derivatives now owns 3,687 shares of the company’s stock valued at $143,000 after acquiring an additional 2,497 shares in the last quarter. Finally, Penserra Capital Management LLC bought a new stake in Kohl’s Corporation in the 2nd quarter valued at approximately $146,000.

Shares of Kohl’s Corporation (NYSE:KSS) opened at 43.34 on Friday. The company has a market cap of $7.31 billion, a PE ratio of 11.09 and a beta of 1.19. Kohl’s Corporation has a 1-year low of $35.16 and a 1-year high of $59.67. The company has a 50-day moving average price of $42.63 and a 200-day moving average price of $39.75.

Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings results on Thursday, August 10th. The company reported $1.24 EPS for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.05. The business had revenue of $4.14 billion for 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%. Kohl’s Corporation’s quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the company posted $1.22 earnings per share. Equities research analysts expect 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. Investors of record on Wednesday, September 6th were issued a dividend of $0.55 per share. The ex-dividend date was Friday, September 1st. This represents a $2.20 dividend on an annualized basis and a yield of 5.08%. Kohl’s Corporation’s dividend payout ratio (DPR) is currently 56.41%.

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Several research firms have commented on KSS. BMO Capital Markets set a $43.00 target price on Kohl’s Corporation and gave the company a “hold” rating in a research note on Friday, August 11th. Jefferies Group LLC restated a “buy” rating and issued a $50.00 target price (up previously from $48.00) on shares of Kohl’s Corporation in a research note on Friday, August 11th. ValuEngine upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. BidaskClub upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Finally, Deutsche Bank AG boosted their target price on Kohl’s Corporation from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday, August 8th. Six equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $42.55.

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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