Sumitomo Mitsui Asset Management Company LTD decreased its stake in shares of Kohl’s Corporation (NYSE:KSS) by 0.7% during the second quarter, Holdings Channel reports. The institutional investor owned 15,208 shares of the company’s stock after selling 105 shares during the period. Sumitomo Mitsui Asset Management Company LTD’s holdings in Kohl’s Corporation were worth $588,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Kohl’s Corporation by 7.1% in the first quarter. Vanguard Group Inc. now owns 18,956,223 shares of the company’s stock valued at $754,646,000 after buying an additional 1,254,285 shares in the last quarter. BlackRock Inc. boosted its position in shares of Kohl’s Corporation by 2,606.7% in the first quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock valued at $732,277,000 after buying an additional 17,714,714 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Kohl’s Corporation by 10.8% in the first quarter. JPMorgan Chase & Co. now owns 10,728,519 shares of the company’s stock valued at $427,103,000 after buying an additional 1,043,218 shares in the last quarter. American International Group Inc. boosted its position in shares of Kohl’s Corporation by 1.2% in the first quarter. American International Group Inc. now owns 9,542,266 shares of the company’s stock valued at $379,878,000 after buying an additional 116,577 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Kohl’s Corporation by 133.8% in the first quarter. Ameriprise Financial Inc. now owns 5,727,341 shares of the company’s stock valued at $228,005,000 after buying an additional 3,277,850 shares in the last quarter.

Kohl’s Corporation (NYSE KSS) opened at 41.93 on Thursday. The stock has a 50 day moving average of $39.46 and a 200 day moving average of $39.38. Kohl’s Corporation has a 52 week low of $35.16 and a 52 week high of $59.67. The company has a market cap of $7.15 billion, a P/E ratio of 12.14 and a beta of 1.16.

Kohl’s Corporation (NYSE:KSS) last announced its quarterly earnings data on Thursday, May 11th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.29 by $0.10. Kohl’s Corporation had a net margin of 3.25% and a return on equity of 13.29%. The business had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same period in the previous year, the business posted $0.31 EPS. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. On average, analysts expect that Kohl’s Corporation will post $3.68 earnings per share for the current year.

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KSS has been the topic of several research analyst reports. BidaskClub upgraded shares of Kohl’s Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Vetr cut shares of Kohl’s Corporation from a “hold” rating to a “sell” rating and set a $37.51 price target on the stock. in a research report on Monday, July 17th. Zacks Investment Research upgraded shares of Kohl’s Corporation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 19th. BMO Capital Markets reiterated a “market perform” rating and set a $43.00 price target (down previously from $45.00) on shares of Kohl’s Corporation in a research report on Monday, May 15th. Finally, Citigroup Inc. reiterated a “buy” rating and set a $44.00 price target (down previously from $52.00) on shares of Kohl’s Corporation in a research report on Sunday, May 14th. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $42.64.

About Kohl’s Corporation

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.

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

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