Kohl's Co. (NYSE:KSS) Director Stephen E. Watson sold 4,173 shares of the firm’s stock in a transaction dated Thursday, March 29th. The shares were sold at an average price of $65.41, for a total transaction of $272,955.93. Following the transaction, the director now owns 16,800 shares of the company’s stock, valued at approximately $1,098,888. The transaction was disclosed in a document filed with the SEC, which is available at this link.
NYSE KSS opened at $65.51 on Friday. The company has a quick ratio of 0.67, a current ratio of 2.01 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $11,006.01, a PE ratio of 15.63, a P/E/G ratio of 1.87 and a beta of 1.27. Kohl's Co. has a 52-week low of $35.16 and a 52-week high of $69.48.
Kohl's (NYSE:KSS) last posted its quarterly earnings results on Thursday, March 1st. The company reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.10. The business had revenue of $6.78 billion during the quarter, compared to analyst estimates of $6.74 billion. Kohl's had a net margin of 4.50% and a return on equity of 13.73%. The firm’s revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.44 earnings per share. sell-side analysts predict that Kohl's Co. will post 5.24 EPS for the current fiscal year.
KSS has been the subject of several research reports. Credit Suisse Group initiated coverage on shares of Kohl's in a research report on Monday, March 12th. They set an “outperform” rating and a $72.00 price objective for the company. Zacks Investment Research lowered shares of Kohl's from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Robert W. Baird set a $73.00 price objective on shares of Kohl's and gave the company a “buy” rating in a research report on Thursday, March 1st. Piper Jaffray set a $60.00 price objective on shares of Kohl's and gave the company a “hold” rating in a research report on Thursday, March 1st. Finally, Citigroup raised their price objective on shares of Kohl's from $65.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, January 10th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $59.66.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Xact Kapitalforvaltning AB lifted its position in shares of Kohl's by 5.5% in the fourth quarter. Xact Kapitalforvaltning AB now owns 29,482 shares of the company’s stock worth $1,599,000 after purchasing an additional 1,527 shares in the last quarter. CNB Bank purchased a new stake in shares of Kohl's in the fourth quarter worth approximately $843,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of Kohl's by 78.1% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 98,013 shares of the company’s stock worth $5,315,000 after purchasing an additional 42,986 shares in the last quarter. Sawtooth Solutions LLC purchased a new stake in shares of Kohl's in the fourth quarter worth approximately $1,102,000. Finally, Northern Oak Wealth Management Inc. lifted its position in shares of Kohl's by 45.0% in the fourth quarter. Northern Oak Wealth Management Inc. now owns 152,487 shares of the company’s stock worth $8,269,000 after purchasing an additional 47,354 shares in the last quarter.
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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