20,762 Shares in Kohl’s Co. (KSS) Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. bought a new stake in Kohl’s Co. (NYSE:KSS) in the third quarter, HoldingsChannel reports. The fund bought 20,762 shares of the company’s stock, valued at approximately $1,548,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in KSS. LFA Lugano Financial Advisors SA bought a new position in Kohl’s in the 2nd quarter valued at about $106,000. MUFG Americas Holdings Corp grew its position in Kohl’s by 280.0% in the 2nd quarter. MUFG Americas Holdings Corp now owns 1,900 shares of the company’s stock valued at $139,000 after buying an additional 1,400 shares in the last quarter. Winslow Evans & Crocker Inc. grew its position in Kohl’s by 125.8% in the 3rd quarter. Winslow Evans & Crocker Inc. now owns 2,290 shares of the company’s stock valued at $172,000 after buying an additional 1,276 shares in the last quarter. Whittier Trust Co. lifted its holdings in Kohl’s by 1,497.6% in the 2nd quarter. Whittier Trust Co. now owns 3,307 shares of the company’s stock valued at $174,000 after acquiring an additional 3,100 shares during the last quarter. Finally, HighPoint Advisor Group LLC acquired a new stake in Kohl’s in the 3rd quarter valued at about $182,000.

KSS stock opened at $81.97 on Friday. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. Kohl’s Co. has a one year low of $40.90 and a one year high of $82.99. The stock has a market cap of $13.38 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 2.20 and a beta of 1.10.

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. Kohl’s had a net margin of 4.79% and a return on equity of 15.55%. The company had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same period in the prior year, the firm earned $1.24 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis. Sell-side analysts predict that Kohl’s Co. will post 5.47 EPS for the current year.

In other Kohl’s news, President Sona Chawla sold 27,223 shares of the company’s stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $80.92, for a total transaction of $2,202,885.16. Following the completion of the sale, the president now directly owns 253,021 shares of the company’s stock, valued at $20,474,459.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Ratnakar Lavu sold 12,205 shares of the company’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $82.00, for a total transaction of $1,000,810.00. The disclosure for this sale can be found here. Insiders have sold 75,788 shares of company stock valued at $6,104,331 over the last ninety days. Insiders own 1.20% of the company’s stock.

KSS has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Kohl’s from a “hold” rating to a “buy” rating and set a $79.00 price target for the company in a report on Tuesday, July 17th. ValuEngine downgraded shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Wedbush initiated coverage on shares of Kohl’s in a report on Friday, August 10th. They issued a “neutral” rating and a $75.00 price target for the company. Cowen reissued a “buy” rating and issued a $90.00 price target on shares of Kohl’s in a report on Thursday, August 16th. Finally, Guggenheim reissued a “buy” rating and issued a $85.00 price target on shares of Kohl’s in a report on Tuesday, August 21st. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $78.20.

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About Kohl’s

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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Institutional Ownership by Quarter for Kohl`s (NYSE:KSS)

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