Published: Fri, August 11, 2017
Money | By Armando Alvarado

Kohl's Corporation (NYSE:KSS) Receives Consensus Rating of "Hold" from Brokerages

Kohl's Corporation (NYSE:KSS) Receives Consensus Rating of

CNBC reported that Kohl's figures beat analysts estimates of adjusted profit of $1.19 per share and revenue of $4.13 billion. Kohl's Corporation also saw unusually large options trading activity on Wednesday.

Analyst's ratings play a very important role in outlining a stock's performance. Gulf International Bank UK Ltd now owns 60,062 shares of the company's stock worth $2,391,000 after buying an additional 3,100 shares during the last quarter. Sumitomo Mitsui invested in 547,577 shares or 0.04% of the stock. Equities research analysts predict that Kohl's Corporation will post $3.68 EPS for the current year. Out of 8 Wall Street analysts rating Kohl's, 3 give it "Buy", 2 "Sell" rating, while 3 recommend "Hold". August 8 investment analysts at Deutsche Bank maintained a stock rating of "Hold" and moved down the price target from $45.00 to $39.00.

But Kohl's still has a long way to go to improve business, and its shares fell sharply Thursday - down more than 6% in mid-day trading - against the backdrop of disappointing earnings from other department stores including Macy's and Dillard's.

Among 3 analysts covering Towne Bank (NASDAQ:TOWN), 0 have Buy rating, 0 Sell and 3 Hold. However, in the trailing four quarters, excluding quarter under review, the company exceeded the Zacks Consensus Estimate by an average of almost 21.3%. Kohl's Corporation had a net margin of 3.25% and a return on equity of 13.29%.

At the end of Mar reporting period, 228 institutional holders increased their position in Kohl's Corporation (NYSE:KSS) by some 25,442,766 shares, 313 decreased positions by 23,411,989 and 73 held positions by 138,335,698. Exane Derivatives raised its stake in shares of Kohl's Corporation by 209.8% in the second quarter. The value of the investment in KSS decreased from $61,075,000 to $30,095,000 decreasing 50.7% since the last quarter.

Kohl's added four stores on net year over year, ending the quarter with 1,154 stores in 49 states. Finally, Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in shares of Kohl's Corporation during the fourth quarter valued at about $282,000.

Badgers LB Jack Cichy suffers torn ACL, out for season
Cichy's spot on the inside figures to be filled by Chris Orr, who is coming off an injury that cost him nearly all of last season. Cichy's injury will leave a large gap at the linebacker position, especially with the likes of Vince Biegel and T.J.

Company chares are trading at $39.50 just a bit lower than $39.58, the 50 day moving average and which is marginally over the 200 day moving average of $39.38. C M Bidwell & Associates Ltd sold 22,730 shares as Kohls Corp (KSS)'s stock declined 10.79%. This represents a $2.20 annualized dividend and a dividend yield of 5.25%. Vetr downgraded Kohl's Corporation from a "strong-buy" rating to a "buy" rating and set a $40.78 price target on the a research report on Monday, May 15th.

Institutional investors now hold around $7.85 billion or 0% in KSS stock. 19,256,154 shares of the company were exchanged. Diluted earnings per share were $1.24 as compared to $0.77 the prior year. Botty Investors LLC increased its position in shares of Kohl's Corporation by 0.8% in the first quarter.

Kohl's Corporation (NYSE:KSS) to go ex-dividend.

On 8/02/2017, Jefferies & Co released a statement for Kohl's (NYSE:KSS) bumped up the target price from $0.00 to $48.00 that suggested an upside of 0.17%. If you are accessing this story on another publication, it was illegally stolen and republished in violation of USA and global copyright legislation. Finally, BidaskClub raised Kohl's Corporation from a "hold" rating to a "buy" rating in a research report on Wednesday, August 2nd. The correct version of this story can be accessed at

Kohl's Corporation (Kohl's) is an operator of department stores. Cornerstone Investment Partners LLC now owns 24,865 shares of the company's stock worth $990,000 after buying an additional 2,870 shares during the period. The Company's stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

Like this: