JPMorgan Chase & Co. upgraded shares of Kohl's (NYSE:KSS) from a neutral rating to an overweight rating in a report released on Friday, MarketBeat.com reports. The firm currently has $72.00 target price on the stock, up from their previous target price of $51.00.

KSS has been the topic of several other research reports. Robert W. Baird reiterated a buy rating and set a $61.00 price target on shares of Kohl's in a report on Tuesday, January 9th. Telsey Advisory Group reiterated an outperform rating and set a $55.00 price target (up previously from $50.00) on shares of Kohl's in a report on Tuesday, January 9th. Cowen reiterated a market perform rating and set a $47.00 price target (up previously from $42.00) on shares of Kohl's in a report on Thursday, September 21st. MKM Partners set a $48.00 price target on Kohl's and gave the company a hold rating in a report on Thursday, January 4th. Finally, Zacks Investment Research upgraded Kohl's from a hold rating to a buy rating and set a $64.00 price target on the stock in a report on Tuesday, January 9th. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $50.95.

Kohl's (NYSE:KSS) opened at $63.87 on Friday. Kohl's has a twelve month low of $35.16 and a twelve month high of $65.06. The company has a market capitalization of $10,730.47, a P/E ratio of 16.94, a P/E/G ratio of 2.36 and a beta of 1.24. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88.

Kohl's (NYSE:KSS) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the prior year, the company posted $0.80 EPS. The company’s quarterly revenue was up .1% on a year-over-year basis. analysts expect that Kohl's will post 4.06 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th were given a $0.55 dividend. The ex-dividend date was Tuesday, December 5th. This represents a $2.20 annualized dividend and a dividend yield of 3.44%. Kohl's’s dividend payout ratio is 58.36%.

In related news, Director Stephanie A. Streeter sold 4,173 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the completion of the transaction, the director now directly owns 21,960 shares of the company’s stock, valued at $1,182,546. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jonas Prising bought 4,725 shares of Kohl's stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average cost of $42.35 per share, with a total value of $200,103.75. Following the completion of the transaction, the director now owns 8,661 shares of the company’s stock, valued at $366,793.35. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Sentry Investment Management LLC lifted its position in Kohl's by 1.2% in the second quarter. Sentry Investment Management LLC now owns 12,892 shares of the company’s stock worth $499,000 after purchasing an additional 158 shares during the period. Ropes Wealth Advisors LLC lifted its position in Kohl's by 1.5% in the second quarter. Ropes Wealth Advisors LLC now owns 11,717 shares of the company’s stock worth $453,000 after purchasing an additional 175 shares during the period. Thrivent Financial For Lutherans lifted its position in Kohl's by 3.7% in the second quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock worth $265,000 after purchasing an additional 245 shares during the period. WFG Advisors LP lifted its position in Kohl's by 3.3% in the second quarter. WFG Advisors LP now owns 9,154 shares of the company’s stock worth $354,000 after purchasing an additional 296 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its position in Kohl's by 3.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 15,667 shares of the company’s stock worth $606,000 after purchasing an additional 474 shares during the period.

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Kohl's Company 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.

Analyst Recommendations for Kohl's (NYSE:KSS)

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