Teacher Retirement System of Texas increased its stake in shares of Kohl’s Corporation (NYSE:KSS) by 2.6% during the second quarter, Holdings Channel reports. The fund owned 550,782 shares of the company’s stock after buying an additional 13,915 shares during the period. Teacher Retirement System of Texas’ holdings in Kohl’s Corporation were worth $21,299,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of KSS. DekaBank Deutsche Girozentrale boosted its stake in shares of Kohl’s Corporation by 35.1% in the second quarter. DekaBank Deutsche Girozentrale now owns 297,062 shares of the company’s stock valued at $11,356,000 after buying an additional 77,217 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Kohl’s Corporation by 6.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,098,025 shares of the company’s stock valued at $42,461,000 after buying an additional 62,310 shares during the last quarter. Global X Management Co. LLC boosted its stake in shares of Kohl’s Corporation by 7.4% in the second quarter. Global X Management Co. LLC now owns 8,061 shares of the company’s stock valued at $312,000 after buying an additional 553 shares during the last quarter. Greatmark Investment Partners Inc. boosted its stake in shares of Kohl’s Corporation by 1.6% in the second quarter. Greatmark Investment Partners Inc. now owns 134,125 shares of the company’s stock valued at $5,187,000 after buying an additional 2,090 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of Kohl’s Corporation by 4.0% in the second quarter. IFP Advisors Inc now owns 6,928 shares of the company’s stock valued at $268,000 after buying an additional 267 shares during the last quarter.

Shares of Kohl’s Corporation (KSS) opened at 38.64 on Friday. Kohl’s Corporation has a one year low of $35.16 and a one year high of $59.67. The company’s 50-day moving average price is $39.64 and its 200-day moving average price is $39.37. The company has a market capitalization of $6.59 billion, a price-to-earnings ratio of 11.19 and a beta of 1.16. Kohl’s Corporation also was the target of some unusual options trading on Wednesday. Stock traders purchased 20,293 call options on the stock. This is an increase of 603% compared to the average volume of 2,886 call options.

Kohl’s Corporation (NYSE:KSS) last released its quarterly earnings data on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.05. The business had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Kohl’s Corporation had a return on equity of 13.16% and a net margin of 3.63%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.22 EPS. On average, equities research analysts predict that Kohl’s Corporation will post $3.71 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, September 1st. This represents a $2.20 annualized dividend and a dividend yield of 5.69%. Kohl’s Corporation’s payout ratio is 56.41%.

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Several brokerages have recently weighed in on KSS. Cowen and Company reissued a “market perform” rating and issued a $42.00 price target (down previously from $43.00) on shares of Kohl’s Corporation in a research note on Friday. Jefferies Group LLC reissued a “buy” rating and issued a $50.00 price target (up previously from $48.00) on shares of Kohl’s Corporation in a research note on Friday. BMO Capital Markets set a $43.00 target price on Kohl’s Corporation and gave the stock a “hold” rating in a research note on Friday. Credit Suisse Group raised Kohl’s Corporation from an “underperform” rating to a “neutral” rating and set a $39.00 target price for the company in a research note on Thursday. Finally, Piper Jaffray Companies set a $37.00 target price on Kohl’s Corporation and gave the stock a “hold” rating in a research note on Thursday. Four investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $42.98.

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.

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

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