Several other brokerages have also issued reports on KSS. Royal Bank of Canada reissued a sell rating on shares of Kohl's in a report on Sunday, November 12th. Citigroup boosted their price target on shares of Kohl's from $44.00 to $51.00 and gave the company a buy rating in a report on Thursday, September 21st. Jefferies Group reissued a buy rating and issued a $50.00 price target on shares of Kohl's in a report on Wednesday, September 27th. ValuEngine raised shares of Kohl's from a hold rating to a buy rating in a report on Friday, December 1st. Finally, Gordon Haskett raised shares of Kohl's from a hold rating to an accumulate rating in a report on Thursday, November 9th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $43.26.
Shares of Kohl's (NYSE:KSS) opened at $55.29 on Monday. The company has a market cap of $9,550.00, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. Kohl's has a 1 year low of $35.16 and a 1 year high of $57.28. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.98%. Kohl's’s dividend payout ratio is 58.36%.
In other Kohl's news, Director Jonas Prising acquired 4,725 shares of Kohl's stock in a transaction dated Wednesday, November 15th. The stock was bought at an average cost of $42.35 per share, for a total transaction of $200,103.75. Following the purchase, the director now directly owns 8,661 shares in the company, valued at approximately $366,793.35. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Stephanie A. Streeter sold 4,173 shares of the company’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the sale, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
Several hedge funds have recently modified their holdings of KSS. Balyasny Asset Management LLC raised its holdings in Kohl's by 28,709.6% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,667,786 shares of the company’s stock valued at $64,493,000 after acquiring an additional 1,661,997 shares during the period. Northern Trust Corp raised its holdings in Kohl's by 34.9% in the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after acquiring an additional 1,396,006 shares during the period. Alyeska Investment Group L.P. bought a new position in Kohl's in the 3rd quarter valued at about $46,574,000. Royal Bank of Canada raised its holdings in Kohl's by 220.4% in the 2nd quarter. Royal Bank of Canada now owns 460,527 shares of the company’s stock valued at $17,810,000 after acquiring an additional 843,101 shares during the period. Finally, Parametric Portfolio Associates LLC increased its holdings in shares of Kohl's by 115.2% during the second quarter. Parametric Portfolio Associates LLC now owns 1,220,851 shares of the company’s stock worth $47,210,000 after purchasing an additional 653,659 shares during the period.
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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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