Shares of Kohl’s Corporation (NYSE:KSS) gapped up prior to trading on Wednesday . The stock had previously closed at $39.34, but opened at $40.39. Kohl’s Corporation shares last traded at $42.37, with a volume of 7,299,932 shares.

A number of research firms have recently weighed in on KSS. ValuEngine lowered shares of Kohl’s Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Royal Bank Of Canada set a $39.00 price objective on shares of Kohl’s Corporation and gave the stock a “sell” rating in a research note on Tuesday, August 29th. BidaskClub lowered shares of Kohl’s Corporation from a “hold” rating to a “sell” rating in a research note on Sunday, August 20th. TheStreet upgraded shares of Kohl’s Corporation from a “c+” rating to a “b-” rating in a research note on Monday, August 14th. Finally, UBS AG reiterated a “neutral” rating and issued a $38.00 price objective on shares of Kohl’s Corporation in a research note on Monday, August 14th. Six analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $42.73.

The stock’s 50-day moving average is $39.86 and its 200-day moving average is $39.11. The company has a market cap of $7.12 billion, a price-to-earnings ratio of 10.84 and a beta of 1.15.

Kohl’s Corporation (NYSE:KSS) last released its earnings results on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.05. The company had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.12 billion. Kohl’s Corporation had a net margin of 3.63% and a return on equity of 13.16%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.22 EPS. On average, analysts predict that Kohl’s Corporation will post $3.75 EPS for the current year.

The business also recently disclosed 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 5.19%. Kohl’s Corporation’s payout ratio is currently 56.41%.

Hedge funds have recently made changes to their positions in the company. Ffcm LLC lifted its holdings in shares of Kohl’s Corporation by 179.3% during the 2nd quarter. Ffcm LLC now owns 3,033 shares of the company’s stock worth $120,000 after acquiring an additional 1,947 shares during the period. Johnson Financial Group Inc. lifted its holdings in shares of Kohl’s Corporation by 30.9% during the 1st quarter. Johnson Financial Group Inc. now owns 3,295 shares of the company’s stock worth $132,000 after acquiring an additional 778 shares during the period. CENTRAL TRUST Co lifted its holdings in shares of Kohl’s Corporation by 68.6% during the 2nd quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock worth $129,000 after acquiring an additional 1,352 shares during the period. Exane Derivatives lifted its holdings in shares of Kohl’s Corporation by 209.8% during the 2nd quarter. Exane Derivatives now owns 3,687 shares of the company’s stock worth $143,000 after acquiring an additional 2,497 shares during the period. Finally, Penserra Capital Management LLC purchased a new position in shares of Kohl’s Corporation during the 2nd quarter worth about $146,000.

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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.