Kohl’s Corp. EVP Kenneth Bonning Sells 13,388 Shares (KSS)
Kohl’s Corp. (NYSE:KSS) EVP Kenneth Bonning sold 13,388 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $57.00, for a total value of $763,116.00. Following the transaction, the executive vice president now directly owns 121,781 shares in the company, valued at approximately $6,941,517. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Kohl’s Corp. (NYSE:KSS) traded down 0.23% on Friday, hitting $56.86. 1,760,136 shares of the company’s stock traded hands. Kohl’s Corp. has a 52 week low of $41.49 and a 52 week high of $59.00. The stock has a 50-day moving average of $55.09 and a 200-day moving average of $53.38. The company has a market cap of $12.176 billion and a P/E ratio of 13.60.
Kohl’s Corp. (NYSE:KSS) last announced its earnings results on Thursday, November 14th. The company reported $0.81 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.86 by $0.05. The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.55 billion. During the same quarter last year, the company posted $0.91 earnings per share. Kohl’s Corp.’s revenue was down 1.0% compared to the same quarter last year. On average, analysts predict that Kohl’s Corp. will post $4.15 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on KSS shares. Analysts at Bank of America Corp. upgraded shares of Kohl’s Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, December 5th. They now have a $65.00 price target on the stock, up previously from $60.00. Separately, analysts at Sterne Agee cut their price target on shares of Kohl’s Corp. from $54.00 to $51.00 in a research note to investors on Friday, November 15th. They now have a “neutral” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Kohl’s Corp. in a research note to investors on Friday, November 15th. They now have a $56.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $56.10.
Kohl’s Corporation (NYSE:KSS) operate family-oriented department stores that sell apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.
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