Shares of Kohl's Co. (NYSE:KSS) have earned a consensus rating of “Hold” from the twenty-three ratings firms that are presently covering the firm. Four investment analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $43.34.
A number of analysts have commented on KSS shares. BMO Capital Markets reiterated a “hold” rating and issued a $45.00 price target on shares of Kohl's Co. in a research note on Monday, March 27th. Vetr cut shares of Kohl's Co. from a “buy” rating to a “hold” rating and set a $43.22 price target for the company. in a research note on Thursday, February 9th. Zacks Investment Research upgraded shares of Kohl's Co. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 19th. Piper Jaffray Companies assumed coverage on shares of Kohl's Co. in a research note on Friday, February 17th. They set a “neutral” rating and a $40.00 target price for the company. Finally, Royal Bank of Canada set a $42.00 target price on shares of Kohl's Co. and gave the stock a “sell” rating in a research note on Monday, March 20th.
In related news, Director Frank V. Sica sold 14,628 shares of Kohl's Co. stock in a transaction that occurred on Thursday, March 2nd. The shares were sold at an average price of $42.32, for a total transaction of $619,056.96. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.20% of the stock is owned by company insiders.
Large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Kohl's Co. by 7.1% in the first quarter. Vanguard Group Inc. now owns 18,956,223 shares of the company’s stock valued at $754,646,000 after buying an additional 1,254,285 shares in the last quarter. BlackRock Inc. increased its stake in Kohl's Co. by 2,606.7% in the first quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock valued at $732,277,000 after buying an additional 17,714,714 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Kohl's Co. by 10.8% in the first quarter. JPMorgan Chase & Co. now owns 10,728,519 shares of the company’s stock valued at $427,103,000 after buying an additional 1,043,218 shares in the last quarter. American International Group Inc. increased its stake in Kohl's Co. by 1.2% in the first quarter. American International Group Inc. now owns 9,542,266 shares of the company’s stock valued at $379,878,000 after buying an additional 116,577 shares in the last quarter. Finally, LSV Asset Management increased its stake in Kohl's Co. by 1.3% in the third quarter. LSV Asset Management now owns 6,342,077 shares of the company’s stock valued at $277,465,000 after buying an additional 81,650 shares in the last quarter. Institutional investors and hedge funds own 98.33% of the company’s stock.
Kohl's Co. (NYSE:KSS) opened at 37.44 on Monday. The stock has a market capitalization of $6.36 billion, a price-to-earnings ratio of 10.84 and a beta of 1.12. Kohl's Co. has a 12 month low of $34.10 and a 12 month high of $59.67. The company has a 50 day moving average price of $38.94 and a 200 day moving average price of $43.77.
Kohl's Co. (NYSE:KSS) last announced its quarterly earnings results on Thursday, May 11th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.10. The firm had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.91 billion. Kohl's Co. had a net margin of 3.17% and a return on equity of 13.59%. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 earnings per share. Equities research analysts predict that Kohl's Co. will post $3.66 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 21st. Investors of record on Wednesday, June 7th will be given a dividend of $0.55 per share. The ex-dividend date is Monday, June 5th. This represents a $2.20 annualized dividend and a yield of 5.94%. Kohl's Co.’s dividend payout ratio is presently 61.16%.
About Kohl's Co.
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.
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