Kohl's Corporation (KSS) : Oarsman Capital reduced its stake in Kohl's Corporation by 1.13% during the most recent quarter end. The investment management company now holds a total of 92,836 shares of Kohl's Corporation which is valued at $3.3 Million after selling 1,064 shares in Kohl's Corporation , the firm said in a disclosure report filed with the SEC on May 12, 2016.Kohl's Corporation makes up approximately 1.79% of Oarsman Capital’s portfolio.
Other Hedge Funds, Including , Omers Administration Corp added KSS to its portfolio by purchasing 21,600 company shares during the most recent quarter which is valued at $771,984. Kohl's Corporation makes up approx 0.02% of Omers Administration Corp’s portfolio. Menta Capital sold out all of its stake in KSS during the most recent quarter. The investment firm sold 33,200 shares of KSS which is valued $1.2 Million.Parkside Financial Bank Trust reduced its stake in KSS by selling 6 shares or 1.19% in the most recent quarter. The Hedge Fund company now holds 500 shares of KSS which is valued at $20,685. Kohl's Corporation makes up approx 0.01% of Parkside Financial Bank Trust’s portfolio.Canal Capital Management reduced its stake in KSS by selling 692 shares or 3.48% in the most recent quarter. The Hedge Fund company now holds 19,175 shares of KSS which is valued at $849,453. Kohl's Corporation makes up approx 0.85% of Canal Capital Management’s portfolio.Parsec Financial Management boosted its stake in KSS in the latest quarter, The investment management firm added 11,725 additional shares and now holds a total of 27,410 shares of Kohl's Corporation which is valued at $1.2 Million. Kohl's Corporation makes up approx 0.12% of Parsec Financial Management’s portfolio.
Kohl's Corporation opened for trading at $35.26 and hit $35.89 on the upside on Friday, eventually ending the session at $35.85, with a gain of 2.60% or 0.91 points. The heightened volatility saw the trading volume jump to 35,34,812 shares. Company has a market cap of $6,638,309 M.
On the company’s financial health, Kohl's Corporation reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on May 12, 2016. Analyst had a consensus of $0.37. The company had revenue of $3972.00 million for the quarter, compared to analysts expectations of $4131.13 million. The company’s revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.63 EPS.
Investors should note that on May 12, 2016, Kohl's Corporation announced a cash dividend of $0.5000. The company’s management has announced Jun 6, 2016 as the ex-dividend date and fixed the record date on Jun 8, 2016. The payable date has been fixed on Jun 22, 2016.
Many Wall Street Analysts have commented on Kohl's Corporation. Shares were Reiterated by Telsey Advisory Group on May 13, 2016 to “Outperform” and Lowered the Price Target to $ 44 from a previous price target of $55 .Shares were Reiterated by RBC Capital Mkts on May 13, 2016 to “Underperform” and Lowered the Price Target to $ 37 from a previous price target of $42 .Shares were Reiterated by Stifel on May 13, 2016 to “Buy” and Lowered the Price Target to $ 45 from a previous price target of $54 .
Kohl’s Corporation (Kohl’s) is a specialty department store. As of January 31 2015 the Company operated 1162 department stores in 49 states and an e-Commerce Website (www.Kohls.com). The Company sells private label and national brand apparel footwear accessories beauty and home products. The Company’s stores carry a merchandise assortment with differences attributable to regional preferences. The Company’s Website includes merchandise which is available in the stores as well as merchandise which is available only on-line. Its private brands include Apt. 9 Croft & Barrow Jumping Beans SO and Sonoma Life + Style. The Company’s exclusive brands consist of Food Network Jennifer Lopez Marc Anthony Rock & Republic and Simply Vera Vera Wang. It also offers products under the Fitbit IZOD Juicy Couture Gaiam Nespresso and PUMA brands as well as Jumping Beans collections featuring Disney characters. It also operates a nationwide loyalty program called Yes2You rewards.