World Asset Management Inc reduced its stake in Kohl’s Corporation (NYSE:KSS) by 14.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,030 shares of the company’s stock after selling 3,175 shares during the period. World Asset Management Inc’s holdings in Kohl’s Corporation were worth $736,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KSS. Capital Investment Advisors LLC boosted its position in Kohl’s Corporation by 26.4% in the first quarter. Capital Investment Advisors LLC now owns 52,547 shares of the company’s stock valued at $2,092,000 after buying an additional 10,965 shares during the last quarter. Donald L. Hagan LLC boosted its position in Kohl’s Corporation by 46.3% in the first quarter. Donald L. Hagan LLC now owns 28,776 shares of the company’s stock valued at $1,146,000 after buying an additional 9,111 shares during the last quarter. Berkshire Asset Management LLC PA boosted its position in Kohl’s Corporation by 12.0% in the first quarter. Berkshire Asset Management LLC PA now owns 79,292 shares of the company’s stock valued at $3,157,000 after buying an additional 8,522 shares during the last quarter. CWM LLC boosted its position in Kohl’s Corporation by 16.7% in the first quarter. CWM LLC now owns 573,732 shares of the company’s stock valued at $22,840,000 after buying an additional 81,982 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in Kohl’s Corporation during the first quarter valued at about $709,000.

Shares of Kohl’s Corporation (NYSE KSS) opened at 42.72 on Tuesday. Kohl’s Corporation has a 52 week low of $35.16 and a 52 week high of $59.67. The firm has a market capitalization of $7.28 billion, a price-to-earnings ratio of 12.37 and a beta of 1.16. The firm has a 50-day moving average price of $38.65 and a 200-day moving average price of $39.30.

Kohl’s Corporation (NYSE:KSS) last announced its earnings results on Thursday, May 11th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. The company had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.91 billion. Kohl’s Corporation had a return on equity of 13.29% and a net margin of 3.25%. Kohl’s Corporation’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 firm earned $0.31 earnings per share. On average, equities analysts expect that Kohl’s Corporation will post $3.67 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://www.dailypolitical.com/2017/08/08/kohls-corporation-nysekss-shares-sold-by-world-asset-management-inc.html.

Several research firms have issued reports on KSS. Jefferies Group LLC reiterated a “buy” rating and issued a $48.00 price objective on shares of Kohl’s Corporation in a research report on Sunday, July 30th. BidaskClub upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Zacks Investment Research upgraded Kohl’s Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Piper Jaffray Companies set a $38.00 price target on Kohl’s Corporation and gave the company a “hold” rating in a research report on Thursday, May 11th. Finally, Atlantic Securities upgraded Kohl’s Corporation from an “underweight” rating to a “neutral” rating and raised their price target for the company from $36.00 to $42.00 in a research report on Thursday, May 4th. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $42.60.

Kohl’s Corporation Company Profile

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

Want to see what other hedge funds are holding KSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kohl’s Corporation (NYSE:KSS).

Institutional Ownership by Quarter for Kohl`s Corporation (NYSE:KSS)

Receive News & Ratings for Kohl's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's Corporation and related companies with MarketBeat.com's FREE daily email newsletter.