80,812 Shares in Kohl’s Corporation (KSS) Acquired by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. bought a new stake in shares of Kohl’s Corporation (NYSE:KSS) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 80,812 shares of the company’s stock, valued at approximately $3,217,000.

Other hedge funds have also recently modified their holdings of the company. Altfest L J & Co. Inc. raised its stake in shares of Kohl’s Corporation by 1.2% in the first quarter. Altfest L J & Co. Inc. now owns 5,732 shares of the company’s stock valued at $228,000 after buying an additional 66 shares during the last quarter. Botty Investors LLC raised its stake in shares of Kohl’s Corporation by 0.8% in the first quarter. Botty Investors LLC now owns 11,745 shares of the company’s stock valued at $467,000 after buying an additional 95 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Kohl’s Corporation by 1.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 6,195 shares of the company’s stock valued at $305,000 after buying an additional 100 shares during the last quarter. BLB&B Advisors LLC raised its stake in shares of Kohl’s Corporation by 1.2% in the first quarter. BLB&B Advisors LLC now owns 8,250 shares of the company’s stock valued at $328,000 after buying an additional 100 shares during the last quarter. Finally, Advantus Capital Management Inc raised its stake in shares of Kohl’s Corporation by 0.7% in the first quarter. Advantus Capital Management Inc now owns 17,611 shares of the company’s stock valued at $701,000 after buying an additional 114 shares during the last quarter.

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

Shares of Kohl’s Corporation (NYSE:KSS) traded up 0.30% during trading on Friday, reaching $36.41. The company’s stock had a trading volume of 739,558 shares. The company has a market cap of $6.21 billion, a PE ratio of 10.54 and a beta of 1.13. The company has a 50 day moving average of $37.97 and a 200 day moving average of $41.62. Kohl’s Corporation has a 12-month low of $35.01 and a 12-month high of $59.67.

Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings data on Thursday, May 11th. The company reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.10. Kohl’s Corporation had a return on equity of 13.29% and a net margin of 3.25%. The company had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.91 billion. During the same period in the previous year, the firm posted $0.31 earnings per share. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, analysts anticipate that Kohl’s Corporation will post $3.65 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 21st. Shareholders of record on Wednesday, June 7th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Monday, June 5th. This represents a $2.20 annualized dividend and a yield of 6.06%. Kohl’s Corporation’s payout ratio is currently 64.14%.

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Several brokerages have issued reports on KSS. BMO Capital Markets restated a “market perform” rating and issued a $43.00 target price (down from $45.00) on shares of Kohl’s Corporation in a research note on Monday, May 15th. Jefferies Group LLC restated a “buy” rating and issued a $48.00 target price on shares of Kohl’s Corporation in a research note on Wednesday. BidaskClub lowered Kohl’s Corporation from a “hold” rating to a “sell” rating in a research note on Thursday. Atlantic Securities upgraded Kohl’s Corporation from an “underweight” rating to a “neutral” rating and boosted their target price for the company from $36.00 to $42.00 in a research note on Thursday, May 4th. Finally, Royal Bank Of Canada lowered their target price on Kohl’s Corporation from $42.00 to $39.00 and set an “underperform” rating on the stock in a research note on Friday, May 12th. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $43.84.

Kohl’s Corporation 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.

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