Kohl’s Corp. (NYSE:KSS)’s share price dropped 6.7% during trading on Tuesday . The stock traded as low as $38.36 and last traded at $38.39, with a volume of 3,048,703 shares traded. The stock had previously closed at $41.14.

KSS has been the topic of several research analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $54.00 price target on shares of Kohl’s Corp. in a research report on Tuesday, April 19th. Deutsche Bank AG reaffirmed a “hold” rating and set a $44.00 price target on shares of Kohl’s Corp. in a research report on Monday, April 25th. Zacks Investment Research cut shares of Kohl’s Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, April 27th. Royal Bank Of Canada assumed 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. Finally, MKM Partners cut their target price on shares of Kohl’s Corp. from $49.00 to $44.00 and set a “neutral” rating on the stock in a report on Monday, May 9th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. Kohl’s Corp. has a consensus rating of “Hold” and an average price target of $47.38.

The firm has a 50-day moving average of $38.40 and a 200-day moving average of $42.13. The stock has a market cap of $7.08 billion and a PE ratio of 13.01.

Kohl’s Corp. (NYSE:KSS) last released its quarterly earnings results on Thursday, May 12th. The company reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.37 by $0.06. The business had revenue of $3.97 billion for the quarter, compared to analysts’ expectations of $4.13 billion. During the same quarter in the previous year, the business posted $0.63 EPS. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. On average, equities analysts anticipate that Kohl’s Corp. will post $3.84 earnings per share for the current year.

Other institutional investors recently made changes to their positions in the company. American International Group Inc. raised its position in shares of Kohl’s Corp. by 9,016.5% in the fourth quarter. American International Group Inc. now owns 7,400,584 shares of the company’s stock worth $352,489,000 after buying an additional 7,319,406 shares during the last quarter. Dimensional Fund Advisors LP raised 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 worth $141,330,000 after buying an additional 160,842 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of Kohl’s Corp. by 155.3% in the fourth quarter. Wells Fargo & Company MN now owns 2,068,133 shares of the company’s stock worth $98,505,000 after buying an additional 1,258,147 shares during the last quarter. Morgan Stanley raised its position in shares of Kohl’s Corp. by 94.3% in the fourth quarter. Morgan Stanley now owns 1,038,924 shares of the company’s stock worth $49,484,000 after buying an additional 504,130 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Kohl’s Corp. by 39.3% in the fourth quarter. Victory Capital Management Inc. now owns 388,454 shares of the company’s stock worth $18,502,000 after buying an additional 109,596 shares during the last quarter.

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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