Latest Stocks: BMO Capital Markets Reiterates Market Perform Rating for Kohl’s Co. (KSS)

Latest Stocks: BMO Capital Markets Reiterates Market Perform Rating for Kohl’s Co. (KSS)

BMO Capital Markets restated their market perform rating on shares of Kohl's Co. (NYSE:KSS) in a report published on Monday, May 15th. The firm currently has a $43.00 price target on the stock, down from their previous price target of $45.00.

KSS has been the subject of several other research reports. Vetr cut Kohl's Co. from a buy rating to a hold rating and set a $43.22 price objective for the company. in a report on Wednesday, February 15th. Deutsche Bank AG lifted their price target on Kohl's Co. from $37.00 to $38.00 and gave the stock a hold rating in a report on Friday, May 12th. Telsey Advisory Group reduced their price target on Kohl's Co. from $47.00 to $43.00 and set a market perform rating for the company in a report on Friday, February 24th. Zacks Investment Research cut Kohl's Co. from a hold rating to a sell rating in a report on Wednesday, April 26th. Finally, Piper Jaffray Companies set a $38.00 price target on Kohl's Co. and gave the stock a hold rating in a report on Thursday, May 11th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company. Kohl's Co. presently has a consensus rating of Hold and a consensus price target of $43.84.

Shares of Kohl's Co. (NYSE KSS) opened at 37.92 on Monday. The company has a market cap of $6.45 billion, a P/E ratio of 10.98 and a beta of 1.12. The stock’s 50 day moving average price is $38.72 and its 200 day moving average price is $42.97. Kohl's Co. has a 1-year low of $34.10 and a 1-year high of $59.67. Kohl's Co. (NYSE:KSS) last announced its quarterly earnings data on Thursday, May 11th. The company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.10. The company had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.91 billion. Kohl's Co. had a return on equity of 5.21% and a net margin of 1.72%. Kohl's Co.’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 EPS. Equities research analysts forecast that Kohl's Co. will post $3.66 earnings per share for the current year.

Shares of Kohl's Co. (NYSE KSS) opened at 37.92 on Monday. The company has a market cap of $6.45 billion, a P/E ratio of 10.98 and a beta of 1.12. The stock’s 50 day moving average price is $38.72 and its 200 day moving average price is $42.97. Kohl's Co. has a 1-year low of $34.10 and a 1-year high of $59.67. The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 21st. Shareholders of record on Wednesday, June 7th will be paid a dividend of $0.55 per share. The ex-dividend date is Monday, June 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.80%. Kohl's Co.’s payout ratio is presently 61.16%.

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in Kohl's Co. by 2,606.7% in the first quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock worth $732,277,000 after buying an additional 17,714,714 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Kohl's Co. by 133.8% in the first quarter. Ameriprise Financial Inc. now owns 5,727,341 shares of the company’s stock worth $228,005,000 after buying an additional 3,277,850 shares during the last quarter. Norges Bank bought a new stake in Kohl's Co. during the fourth quarter worth $128,433,000. Dimensional Fund Advisors LP boosted its stake in shares of Kohl's Co. by 48.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,809,881 shares of the company’s stock valued at $191,493,000 after buying an additional 1,567,414 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of Kohl's Co. by 45.1% in the first quarter. Morgan Stanley now owns 4,703,551 shares of the company’s stock valued at $187,248,000 after buying an additional 1,461,596 shares in the last quarter. 98.33% of the stock is currently owned by hedge funds and other institutional investors. Kohl's Co. Company Profile

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