Kohl’s Corporation (KSS) Stake Increased by Pinnacle Financial Partners Inc.

Pinnacle Financial Partners Inc. lifted its stake in shares of Kohl’s Corporation (NYSE:KSS) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,183 shares of the company’s stock after buying an additional 2,222 shares during the quarter. Pinnacle Financial Partners Inc.’s holdings in Kohl’s Corporation were worth $2,200,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Thrivent Financial For Lutherans increased its holdings in shares of Kohl’s Corporation by 6.9% in the 1st quarter. Thrivent Financial For Lutherans now owns 6,625 shares of the company’s stock valued at $264,000 after acquiring an additional 430 shares during the period. Mn Services Vermogensbeheer B.V. increased its holdings in shares of Kohl’s Corporation by 502.3% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 28,711 shares of the company’s stock valued at $1,110,000 after acquiring an additional 23,944 shares during the period. LS Investment Advisors LLC increased its holdings in shares of Kohl’s Corporation by 18.3% in the 2nd quarter. LS Investment Advisors LLC now owns 14,493 shares of the company’s stock valued at $560,000 after acquiring an additional 2,243 shares during the period. Manning & Napier Advisors LLC increased its holdings in shares of Kohl’s Corporation by 111.9% in the 2nd quarter. Manning & Napier Advisors LLC now owns 40,548 shares of the company’s stock valued at $1,567,000 after acquiring an additional 21,412 shares during the period. Finally, APG Asset Management N.V. increased its holdings in shares of Kohl’s Corporation by 9.4% in the 2nd quarter. APG Asset Management N.V. now owns 2,676,644 shares of the company’s stock valued at $103,506,000 after acquiring an additional 230,200 shares during the period.

A number of brokerages have recently commented on KSS. Royal Bank Of Canada reaffirmed a “sell” rating on shares of Kohl’s Corporation in a report on Sunday, November 12th. Robert W. Baird raised shares of Kohl’s Corporation from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $46.00 to $47.00 in a report on Friday, November 10th. Gordon Haskett raised shares of Kohl’s Corporation from a “hold” rating to an “accumulate” rating in a report on Thursday, November 9th. Zacks Investment Research raised shares of Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Monday, October 16th. Finally, Telsey Advisory Group raised shares of Kohl’s Corporation from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $43.00 to $50.00 in a report on Monday, October 9th. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $42.74.

In other Kohl’s Corporation news, Director Jonas Prising acquired 4,725 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average cost of $42.35 per share, for a total transaction of $200,103.75. Following the transaction, the director now directly owns 8,661 shares of the company’s stock, valued at $366,793.35. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.20% of the stock is owned by insiders.

Shares of Kohl’s Corporation (KSS) traded up $0.60 during midday trading on Tuesday, hitting $44.32. 3,200,600 shares of the company’s stock traded hands, compared to its average volume of 4,488,664. The stock has a market cap of $7,380.00, a price-to-earnings ratio of 11.60, a P/E/G ratio of 1.75 and a beta of 1.22. Kohl’s Corporation has a 52 week low of $35.16 and a 52 week high of $59.67. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88.

Kohl’s Corporation (NYSE:KSS) last issued its earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.02). Kohl’s Corporation had a return on equity of 12.72% and a net margin of 3.47%. The company had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter in the previous year, the firm posted $0.80 earnings per share. Kohl’s Corporation’s revenue for the quarter was up .1% on a year-over-year basis. equities research analysts forecast that Kohl’s Corporation will post 3.75 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be given a $0.55 dividend. The ex-dividend date is Tuesday, December 5th. This represents a $2.20 annualized dividend and a dividend yield of 4.96%. Kohl’s Corporation’s dividend payout ratio is presently 58.36%.

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Kohl’s Corporation 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.

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

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