Janney Montgomery Scott LLC Has $1.21 Million Holdings in Kohl’s Co. (KSS)

Janney Montgomery Scott LLC boosted its stake in Kohl’s Co. (NYSE:KSS) by 168.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,653 shares of the company’s stock after purchasing an additional 10,452 shares during the period. Janney Montgomery Scott LLC’s holdings in Kohl’s were worth $1,214,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Cetera Advisors LLC purchased a new position in Kohl’s in the 1st quarter worth approximately $351,000. Stifel Financial Corp increased its stake in Kohl’s by 23.3% in the 1st quarter. Stifel Financial Corp now owns 98,093 shares of the company’s stock worth $6,429,000 after purchasing an additional 18,552 shares during the period. NN Investment Partners Holdings N.V. increased its stake in Kohl’s by 29.0% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 59,862 shares of the company’s stock worth $4,364,000 after purchasing an additional 13,462 shares during the period. Tyvor Capital LLC purchased a new position in Kohl’s in the 1st quarter worth approximately $28,253,000. Finally, Knights of Columbus Asset Advisors LLC increased its stake in shares of Kohl’s by 28.7% during the first quarter. Knights of Columbus Asset Advisors LLC now owns 21,050 shares of the company’s stock valued at $1,379,000 after buying an additional 4,700 shares during the period.

Several research firms have recently issued reports on KSS. Zacks Investment Research raised Kohl’s from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a research note on Tuesday, July 17th. JPMorgan Chase & Co. boosted their target price on Kohl’s to $84.00 and gave the company an “overweight” rating in a research note on Wednesday, June 6th. Credit Suisse Group boosted their target price on Kohl’s from $64.00 to $74.00 and gave the company a “neutral” rating in a research note on Thursday, June 7th. Susquehanna Bancshares reissued a “neutral” rating on shares of Kohl’s in a research note on Thursday, June 7th. Finally, Atlantic Securities cut Kohl’s from a “neutral” rating to an “underweight” rating and set a $65.00 target price on the stock. in a research note on Wednesday, June 6th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Kohl’s presently has an average rating of “Hold” and a consensus price target of $68.17.

In related news, insider Richard D. Schepp sold 20,000 shares of the company’s stock in a transaction on Monday, June 4th. The stock was sold at an average price of $68.80, for a total value of $1,376,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Steven A. Burd sold 4,945 shares of the company’s stock in a transaction on Friday, June 8th. The stock was sold at an average price of $76.67, for a total value of $379,133.15. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,805 shares of company stock worth $3,148,177. 1.20% of the stock is owned by insiders.

Shares of KSS stock opened at $75.11 on Friday. The firm has a market capitalization of $12.21 billion, a P/E ratio of 16.43, a PEG ratio of 2.03 and a beta of 1.26. Kohl’s Co. has a twelve month low of $36.50 and a twelve month high of $79.92. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.44 and a current ratio of 1.76.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, May 22nd. The company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.14. The company had revenue of $3.95 billion for the quarter, compared to analysts’ expectations of $3.96 billion. Kohl’s had a return on equity of 14.28% and a net margin of 4.46%. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 earnings per share. equities analysts anticipate that Kohl’s Co. will post 5.4 earnings per share for the current fiscal year.

Kohl’s Profile

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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