Robeco Institutional Asset Management B.V. lifted its stake in shares of Kohl’s Co. (NYSE:KSS) by 0.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,670,253 shares of the company’s stock after purchasing an additional 4,675 shares during the quarter. Kohl’s comprises approximately 0.8% of Robeco Institutional Asset Management B.V.’s portfolio, making the stock its 17th biggest position. Robeco Institutional Asset Management B.V. owned about 1.60% of Kohl’s worth $199,072,000 at the end of the most recent reporting period.
Several other institutional investors also recently added to or reduced their stakes in KSS. LFA Lugano Financial Advisors SA purchased a new position in Kohl’s in the second quarter worth $106,000. MUFG Americas Holdings Corp raised its position in Kohl’s by 280.0% in the second quarter. MUFG Americas Holdings Corp now owns 1,900 shares of the company’s stock worth $139,000 after acquiring an additional 1,400 shares in the last quarter. Winslow Evans & Crocker Inc. raised its position in Kohl’s by 125.8% in the third quarter. Winslow Evans & Crocker Inc. now owns 2,290 shares of the company’s stock worth $172,000 after acquiring an additional 1,276 shares in the last quarter. Whittier Trust Co. raised its position in Kohl’s by 1,497.6% in the second quarter. Whittier Trust Co. now owns 3,307 shares of the company’s stock worth $174,000 after acquiring an additional 3,100 shares in the last quarter. Finally, HighPoint Advisor Group LLC purchased a new position in Kohl’s in the third quarter worth $182,000.
KSS opened at $81.97 on Friday. The company has a current ratio of 1.82, a quick ratio of 0.53 and a debt-to-equity ratio of 0.69. The firm has a market cap of $13.48 billion, a P/E ratio of 16.26, a P/E/G ratio of 2.22 and a beta of 1.10. Kohl’s Co. has a 52 week low of $40.90 and a 52 week high of $82.99.
Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, August 21st. The company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.12. The business had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.27 billion. Kohl’s had a return on equity of 15.55% and a net margin of 4.79%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.24 earnings per share. Equities analysts predict that Kohl’s Co. will post 5.48 earnings per share for the current fiscal year.
In other Kohl’s news, President Sona Chawla sold 27,223 shares of the firm’s stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $80.92, for a total value of $2,202,885.16. Following the sale, the president now directly owns 253,021 shares of the company’s stock, valued at approximately $20,474,459.32. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Stephanie A. Streeter sold 4,776 shares of the firm’s stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $81.50, for a total value of $389,244.00. Following the completion of the sale, the director now directly owns 24,860 shares in the company, valued at $2,026,090. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 75,788 shares of company stock worth $6,104,331. Corporate insiders own 1.20% of the company’s stock.
Several research analysts have issued reports on KSS shares. Bank of America reiterated a “buy” rating and issued a $90.00 price objective on shares of Kohl’s in a research report on Wednesday, October 10th. Zacks Investment Research upgraded Kohl’s from a “hold” rating to a “buy” rating and set a $83.00 price target for the company in a research report on Tuesday, July 24th. Telsey Advisory Group raised their price target on Kohl’s from $86.00 to $99.00 and gave the company an “outperform” rating in a research report on Wednesday, August 22nd. Morgan Stanley raised their price target on Kohl’s from $45.00 to $51.00 and gave the company an “underweight” rating in a research report on Thursday, August 23rd. Finally, Goldman Sachs Group assumed coverage on Kohl’s in a research report on Monday, September 3rd. They issued a “buy” rating and a $91.00 price target for the company. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the stock. Kohl’s presently has an average rating of “Hold” and a consensus price target of $78.20.
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Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
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