Kohl's Co. (NYSE:KSS) has earned an average rating of “Hold” from the twenty-seven analysts that are currently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $54.95.
Several equities research analysts have recently weighed in on KSS shares. Cowen reissued a “market perform” rating and issued a $47.00 price objective (up from $42.00) on shares of Kohl's in a report on Thursday, September 21st. Citigroup increased their price objective on Kohl's from $44.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, September 21st. Jefferies Group restated a “buy” rating and set a $50.00 price target on shares of Kohl's in a research note on Wednesday, September 27th. ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Telsey Advisory Group upgraded Kohl's from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $43.00 to $50.00 in a research note on Monday, October 9th.
Kohl's (NYSE:KSS) traded up $2.69 during mid-day trading on Friday, hitting $67.54. The stock had a trading volume of 5,559,480 shares, compared to its average volume of 4,310,000. The firm has a market capitalization of $11,350.00, a P/E ratio of 17.92, a P/E/G ratio of 2.38 and a beta of 1.24. Kohl's has a 1-year low of $35.16 and a 1-year high of $67.55. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.63 and a quick ratio of 0.30.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 3.26%. The ex-dividend date of this dividend was Tuesday, December 5th. Kohl's’s payout ratio is 58.36%.
In other Kohl's news, Director Jonas Prising acquired 4,725 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was purchased at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the transaction, the director now owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stephanie A. Streeter sold 4,173 shares of the stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the completion of the transaction, the director now owns 21,960 shares of the company’s stock, valued at approximately $1,182,546. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue raised its position in Kohl's by 61.8% in the fourth quarter. State of Alaska Department of Revenue now owns 23,190 shares of the company’s stock worth $1,256,000 after acquiring an additional 8,860 shares in the last quarter. Contravisory Investment Management Inc. purchased a new position in Kohl's in the fourth quarter worth $325,000. Schwab Charles Investment Management Inc. raised its position in Kohl's by 4.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,182,400 shares of the company’s stock worth $64,122,000 after acquiring an additional 45,948 shares in the last quarter. Creative Planning raised its position in Kohl's by 37.4% in the fourth quarter. Creative Planning now owns 6,174 shares of the company’s stock worth $335,000 after acquiring an additional 1,681 shares in the last quarter. Finally, Bank of Montreal Can raised its position in Kohl's by 8.9% in the fourth quarter. Bank of Montreal Can now owns 1,545,283 shares of the company’s stock worth $83,801,000 after acquiring an additional 125,801 shares in the last quarter.
Kohl's 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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