Kohl's Co. EVP Richard D. Schepp Unloads 15,300 Shares (KSS)
Kohl's Co. (NYSE:KSS) EVP Richard D. Schepp unloaded 15,300 shares of the stock on the open market in a transaction dated Friday, August 22nd. The stock was sold at an average price of $59.55, for a total value of $911,115.00. Following the completion of the sale, the executive vice president now directly owns 140,001 shares of the company’s stock, valued at approximately $8,337,060. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Kohl's Co. (NYSE:KSS) traded up 0.30% during mid-day trading on Monday, hitting $59.61. 1,244,337 shares of the company’s stock traded hands. Kohl's Co. has a 1-year low of $48.68 and a 1-year high of $59.89. The stock has a 50-day moving average of $54.02 and a 200-day moving average of $54.03. The company has a market cap of $12.160 billion and a price-to-earnings ratio of 14.48.
Kohl's Co. (NYSE:KSS) last announced its earnings results on Thursday, August 14th. The company reported $1.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.07 by $0.06. The company had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.28 billion. Analysts expect that Kohl's Co. will post $4.30 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend is Monday, September 8th.
A number of analysts have recently weighed in on KSS shares. Analysts at Stifel Nicolaus raised their price target on shares of Kohl's Co. from $60.00 to $68.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Kohl's Co. from $55.00 to $62.00 in a research note on Thursday. Finally, analysts at Gilford Securities upgraded shares of Kohl's Co. from a “neutral” rating to a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Kohl's Co. presently has an average rating of “Buy” and a consensus price target of $61.33.
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.
Receive News & Ratings for Kohl's Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's Co and related companies with Analyst Ratings Network's FREE daily email newsletter.