Kohl’s Corp. (NYSE:KSS)’s share price shot up 3.9% on Wednesday . The stock traded as high as $39.50 and last traded at $39.16, with a volume of 3,602,882 shares. The stock had previously closed at $37.70.

Several research firms have weighed in on KSS. Citigroup Inc. reissued a “hold” rating on shares of Kohl’s Corp. in a research report on Saturday, May 14th. Vetr downgraded Kohl’s Corp. from a “buy” rating to a “sell” rating and set a $41.50 price objective for the company. in a research report on Friday. Royal Bank Of Canada started coverage on Kohl’s Corp. in a research report on Tuesday, May 3rd. They issued an “underperform” rating and a $42.00 price objective for the company. TheStreet downgraded Kohl’s Corp. to a “hold” rating in a research report on Thursday, May 26th. Finally, MKM Partners reaffirmed a “hold” rating on shares of Kohl’s Corp. in a research report on Saturday, May 14th. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $48.08.

The firm’s 50 day moving average is $38.99 and its 200 day moving average is $41.89. The stock has a market capitalization of $8.27 billion and a PE ratio of 15.19.

Kohl’s Corp. (NYSE:KSS) last posted its quarterly earnings results on Thursday, August 11th. The company reported $1.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.03 by $0.19. The company earned $4.18 billion during the quarter, compared to analyst estimates of $4.16 billion. The company’s revenue was down 2.0% compared to the same quarter last year. During the same period last year, the company posted $1.07 earnings per share. On average, equities research analysts anticipate that Kohl’s Corp. will post $3.83 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 21st. Investors of record on Wednesday, September 7th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date is Friday, September 2nd.

Other large investors have modified their holdings of the company. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its stake in shares of Kohl’s Corp. by 91.2% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 48,680 shares of the company’s stock worth $2,319,000 after buying an additional 23,222 shares in the last quarter. Suntrust Banks Inc. boosted its stake 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 worth $4,204,000 after buying an additional 11,920 shares in the last quarter. Oarsman Capital Inc. boosted its stake in shares of Kohl’s Corp. by 67.6% in the fourth quarter. Oarsman Capital Inc. now owns 93,900 shares of the company’s stock worth $4,472,000 after buying an additional 37,877 shares in the last quarter. Flippin Bruce & Porter Inc. boosted its stake 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 worth $5,223,000 after buying an additional 3,318 shares in the last quarter. Finally, BNP Paribas Arbitrage SA boosted its stake 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 worth $8,338,000 after buying an additional 57,770 shares in 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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