IFC Holdings Incorporated FL Increases Position in Kohl’s Corporation (KSS)

IFC Holdings Incorporated FL boosted its position in Kohl’s Corporation (NYSE:KSS) by 9.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 27,642 shares of the company’s stock after acquiring an additional 2,327 shares during the period. IFC Holdings Incorporated FL’s holdings in Kohl’s Corporation were worth $1,261,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Johnson Financial Group Inc. raised its stake in Kohl’s Corporation by 0.3% in the 2nd quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock valued at $128,000 after acquiring an additional 10 shares during the period. Sentry Investment Management LLC raised its stake in Kohl’s Corporation by 1.2% in the 2nd quarter. Sentry Investment Management LLC now owns 12,892 shares of the company’s stock valued at $499,000 after acquiring an additional 158 shares during the period. Ropes Wealth Advisors LLC raised its stake in Kohl’s Corporation by 1.5% in the 2nd quarter. Ropes Wealth Advisors LLC now owns 11,717 shares of the company’s stock valued at $453,000 after acquiring an additional 175 shares during the period. Aviance Capital Partners LLC raised its stake in Kohl’s Corporation by 1.5% in the 2nd quarter. Aviance Capital Partners LLC now owns 15,125 shares of the company’s stock valued at $585,000 after acquiring an additional 219 shares during the period. Finally, Thrivent Financial For Lutherans raised its stake in Kohl’s Corporation by 3.7% in the 2nd quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock valued at $265,000 after acquiring an additional 245 shares during the period.

Kohl’s Corporation (KSS) traded up 1.37% on Tuesday, hitting $42.07. 676,795 shares of the company traded hands. The firm has a market capitalization of $7.09 billion, a PE ratio of 10.77 and a beta of 1.19. The firm’s 50 day moving average price is $44.18 and its 200 day moving average price is $40.28. Kohl’s Corporation has a 1-year low of $35.16 and a 1-year high of $59.67.

Kohl’s Corporation (NYSE:KSS) last issued its earnings results on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.05. The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.12 billion. Kohl’s Corporation had a return on equity of 13.16% and a net margin of 3.63%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter last year, the company earned $1.22 EPS. Equities research analysts predict that Kohl’s Corporation will post $3.76 EPS for the current fiscal year.

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A number of equities research analysts recently issued reports on the company. Zacks Investment Research upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Monday, October 16th. Telsey Advisory Group upgraded Kohl’s Corporation from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $43.00 to $50.00 in a research note on Monday, October 9th. ValuEngine upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Jefferies Group LLC restated a “buy” rating and issued a $50.00 price objective on shares of Kohl’s Corporation in a research note on Wednesday, September 27th. Finally, Citigroup Inc. boosted their price objective on Kohl’s Corporation from $44.00 to $51.00 and gave the company a “buy” rating in a research note on Thursday, September 21st. Six research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company’s stock. Kohl’s Corporation has an average rating of “Hold” and an average price target of $43.20.

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

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