Kohl’s Corp. (NYSE:KSS) shares shot up 2% on Monday . The company traded as high as $40.39 and last traded at $40.25, with a volume of 806,606 shares changing hands. The stock had previously closed at $39.47.

A number of brokerages have weighed in on KSS. MKM Partners reaffirmed a “hold” rating on shares of Kohl’s Corp. in a research report on Saturday, May 14th. Citigroup Inc. reaffirmed a “hold” rating on shares of Kohl’s Corp. in a research report on Saturday, May 14th. Telsey Advisory Group reaffirmed a “buy” rating on shares of Kohl’s Corp. in a research report on Saturday, May 14th. Morgan Stanley reaffirmed a “sell” rating on shares of Kohl’s Corp. in a research report on Saturday, May 14th. Finally, Royal Bank Of Canada began coverage on shares of Kohl’s Corp. in a research report on Tuesday, May 3rd. They set an “underperform” rating and a $42.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $48.40.

The stock has a market capitalization of $7.51 billion and a price-to-earnings ratio of 13.80. The company has a 50-day moving average of $37.81 and a 200-day moving average of $42.49.

Kohl’s Corp. (NYSE:KSS) last released its earnings results on Thursday, May 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by $0.06. The business earned $3.97 billion during the quarter, compared to analyst estimates of $4.13 billion. During the same period in the prior year, the company earned $0.63 earnings per share. Kohl’s Corp.’s revenue was down 3.7% on a year-over-year basis. Equities research analysts expect that Kohl’s Corp. will post $3.84 EPS for the current fiscal year.

Several institutional investors recently made changes to their positions in KSS. Flippin Bruce & Porter Inc. boosted its position in shares of Kohl’s Corp. by 3.1% in the fourth quarter. Flippin Bruce & Porter Inc. now owns 109,654 shares of the company’s stock valued at $5,223,000 after buying an additional 3,318 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Kohl’s Corp. by 5.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,966,910 shares of the company’s stock valued at $141,330,000 after buying an additional 160,842 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of Kohl’s Corp. by 49.3% in the fourth quarter. BNP Paribas Arbitrage SA now owns 175,068 shares of the company’s stock valued at $8,338,000 after buying an additional 57,770 shares during the period. Suntrust Banks Inc. boosted its position in shares of Kohl’s Corp. by 15.6% in the fourth quarter. Suntrust Banks Inc. now owns 88,304 shares of the company’s stock valued at $4,204,000 after buying an additional 11,920 shares during the period. Finally, Deere & Co. boosted its position in shares of Kohl’s Corp. by 26.2% in the fourth quarter. Deere & Co. now owns 22,174 shares of the company’s stock valued at $1,056,000 after buying an additional 4,608 shares during the period.

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company also operates an e-commerce Website (www.Kohls.com). The Company operates over 1,160 department stores in approximately 50 states. The Company sells private label, exclusive and national brand apparel, footwear, accessories, beauty and home products.

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