State Treasurer State of Michigan lowered its stake in Kohl’s Co. (NYSE:KSS) by 4.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 47,310 shares of the company’s stock after selling 2,400 shares during the period. State Treasurer State of Michigan’s holdings in Kohl’s were worth $3,139,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. We Are One Seven LLC bought a new stake in shares of Kohl’s in the 4th quarter worth about $47,000. Daiwa SB Investments Ltd. grew its position in shares of Kohl’s by 26.3% during the 4th quarter. Daiwa SB Investments Ltd. now owns 1,010 shares of the company’s stock valued at $67,000 after buying an additional 210 shares during the last quarter. CWM LLC grew its position in shares of Kohl’s by 66.5% during the 4th quarter. CWM LLC now owns 1,164 shares of the company’s stock valued at $77,000 after buying an additional 465 shares during the last quarter. First Mercantile Trust Co. grew its position in shares of Kohl’s by 44.7% during the 4th quarter. First Mercantile Trust Co. now owns 1,780 shares of the company’s stock valued at $119,000 after buying an additional 550 shares during the last quarter. Finally, Winslow Evans & Crocker Inc. grew its position in shares of Kohl’s by 125.8% during the 3rd quarter. Winslow Evans & Crocker Inc. now owns 2,290 shares of the company’s stock valued at $172,000 after buying an additional 1,276 shares during the last quarter.

Kohl’s stock traded down $1.49 during midday trading on Monday, reaching $63.37. 997,603 shares of the stock traded hands, compared to its average volume of 2,712,715. The company has a quick ratio of 0.37, a current ratio of 1.58 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $10.71 billion, a price-to-earnings ratio of 15.12, a PEG ratio of 1.71 and a beta of 0.83. Kohl’s Co. has a fifty-two week low of $57.89 and a fifty-two week high of $83.28.

Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, November 20th. The company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. The firm had revenue of $4.37 billion during the quarter, compared to analyst estimates of $4.36 billion. Kohl’s had a net margin of 4.94% and a return on equity of 16.06%. Kohl’s’s revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.70 EPS. Research analysts expect that Kohl’s Co. will post 5.54 earnings per share for the current year.

A number of equities research analysts recently weighed in on KSS shares. Telsey Advisory Group reaffirmed an “outperform” rating and set a $80.00 price objective (down previously from $90.00) on shares of Kohl’s in a research report on Friday, January 11th. Piper Jaffray Companies set a $68.00 price objective on shares of Kohl’s and gave the company a “hold” rating in a research report on Wednesday, November 21st. ValuEngine downgraded shares of Kohl’s from a “buy” rating to a “hold” rating in a research report on Thursday, November 1st. OTR Global raised shares of Kohl’s to a “positive” rating in a research report on Friday, November 2nd. Finally, Cowen reaffirmed a “buy” rating and set a $82.00 price objective on shares of Kohl’s in a research report on Wednesday, November 21st. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $75.53.

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Kohl’s Company Profile

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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

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