BlueCrest Capital Management Ltd acquired a new position in Kohl’s Corporation (NYSE:KSS) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 14,499 shares of the company’s stock, valued at approximately $561,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ffcm LLC raised its stake in shares of Kohl’s Corporation by 179.3% in the 2nd quarter. Ffcm LLC now owns 3,033 shares of the company’s stock worth $120,000 after buying an additional 1,947 shares in the last quarter. Johnson Financial Group Inc. raised its stake in shares of Kohl’s Corporation by 30.9% in the 1st quarter. Johnson Financial Group Inc. now owns 3,295 shares of the company’s stock worth $132,000 after buying an additional 778 shares in the last quarter. CENTRAL TRUST Co raised its stake in shares of Kohl’s Corporation by 68.6% in the 2nd quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock worth $129,000 after buying an additional 1,352 shares in the last quarter. Exane Derivatives raised its stake in shares of Kohl’s Corporation by 209.8% in the 2nd quarter. Exane Derivatives now owns 3,687 shares of the company’s stock worth $143,000 after buying an additional 2,497 shares in the last quarter. Finally, Penserra Capital Management LLC bought a new stake in shares of Kohl’s Corporation in the 2nd quarter worth $146,000.

Kohl’s Corporation (NYSE KSS) opened at 42.14 on Monday. The firm has a 50-day moving average price of $43.45 and a 200-day moving average price of $39.95. Kohl’s Corporation has a 52 week low of $35.16 and a 52 week high of $59.67. The stock has a market cap of $7.10 billion, a P/E ratio of 10.79 and a beta of 1.19.

Kohl’s Corporation (NYSE:KSS) last released its quarterly earnings results on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.19 by $0.05. Kohl’s Corporation had a return on equity of 13.16% and a net margin of 3.63%. The firm had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter last year, the business posted $1.22 EPS. The company’s revenue for the quarter was down .9% on a year-over-year basis. On average, equities research analysts predict that Kohl’s Corporation will post $3.76 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 20th. Shareholders of record on Wednesday, September 6th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 5.22%. The ex-dividend date was Friday, September 1st. Kohl’s Corporation’s dividend payout ratio is 56.41%.

KSS has been the topic of a number of research reports. TheStreet raised Kohl’s Corporation from a “c+” rating to a “b-” rating in a research note on Monday, August 14th. BidaskClub raised Kohl’s Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Jefferies Group LLC reissued a “buy” rating and issued a $48.00 price objective on shares of Kohl’s Corporation in a research note on Sunday, July 30th. Zacks Investment Research raised Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research note on Tuesday, July 11th. Finally, Instinet reissued a “buy” rating and issued a $51.00 price objective (up previously from $41.00) on shares of Kohl’s Corporation in a research note on Thursday, August 10th. Six investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $42.90.

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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.

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

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