Kohl's Co. (NYSE:KSS) had its price objective lifted by Deutsche Bank AG from $37.00 to $38.00 in a research report released on Friday, May 12th. The brokerage currently has a hold rating on the stock.
Several other research analysts have also recently issued reports on the stock. Credit Suisse Group AG cut shares of Kohl's Co. from a neutral rating to an underperform rating and set a $39.00 target price for the company. in a report on Wednesday, January 18th. Zacks Investment Research cut shares of Kohl's Co. from a hold rating to a strong sell rating in a report on Tuesday, January 17th. BMO Capital Markets reaffirmed a hold rating and issued a $45.00 target price on shares of Kohl's Co. in a report on Monday, March 27th. Vetr cut shares of 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 Thursday, February 9th. Finally, Jefferies Group LLC decreased their price objective on shares of Kohl's Co. from $54.00 to $48.00 and set a buy rating for the company in a report on Tuesday, May 9th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $43.84.
Shares of Kohl's Co. (KSS) opened at 37.92 on Friday. Kohl's Co. has a 12 month low of $34.10 and a 12 month high of $59.67. The firm has a 50-day moving average of $38.72 and a 200-day moving average of $42.97. The company has a market capitalization of $6.45 billion, a P/E ratio of 10.98 and a beta of 1.12. Kohl's Co. (NYSE:KSS) last issued its earnings results on Thursday, May 11th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.10. The business had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.91 billion. Kohl's Co. had a net margin of 1.72% and a return on equity of 5.21%. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.31 earnings per share. On average, equities analysts predict that Kohl's Co. will post $3.66 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 21st. Shareholders of record on Wednesday, June 7th will be given a $0.55 dividend. 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 currently 61.16%. Institutional investors have recently bought and sold shares of the company. Shell Asset Management Co. raised its position in Kohl's Co. by 6.6% in the third quarter. Shell Asset Management Co. now owns 55,488 shares of the company’s stock worth $2,428,000 after buying an additional 3,415 shares during the last quarter. Chicago Equity Partners LLC purchased a new position in Kohl's Co. during the third quarter worth $373,000. Sumitomo Mitsui Trust Holdings Inc. raised its position in Kohl's Co. by 1.4% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 550,873 shares of the company’s stock worth $24,101,000 after buying an additional 7,433 shares during the last quarter. Rothschild Asset Management Inc. raised its position in Kohl's Co. by 5.9% in the third quarter. Rothschild Asset Management Inc. now owns 11,387 shares of the company’s stock worth $498,000 after buying an additional 633 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Kohl's Co. by 6.3% in the third quarter. Wells Fargo & Company MN now owns 3,259,961 shares of the company’s stock worth $142,624,000 after buying an additional 193,867 shares during the last quarter. Institutional investors and hedge funds own 98.33% of the company’s stock.
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