Bessemer Group Inc. cut its holdings in Kohl’s Corporation (NYSE:KSS) by 77.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,152 shares of the company’s stock after selling 91,146 shares during the quarter. Bessemer Group Inc.’s holdings in Kohl’s Corporation were worth $1,194,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in KSS. Balyasny Asset Management LLC increased its stake in shares of Kohl’s Corporation by 28,709.6% in the second quarter. Balyasny Asset Management LLC now owns 1,667,786 shares of the company’s stock valued at $64,493,000 after buying an additional 1,661,997 shares in the last quarter. Northern Trust Corp increased its stake in shares of Kohl’s Corporation by 34.9% in the second quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after buying an additional 1,396,006 shares in the last quarter. Royal Bank of Canada boosted its holdings in Kohl’s Corporation by 220.4% in the second quarter. Royal Bank of Canada now owns 460,527 shares of the company’s stock valued at $17,810,000 after acquiring an additional 843,101 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in Kohl’s Corporation by 115.2% in the second quarter. Parametric Portfolio Associates LLC now owns 1,220,851 shares of the company’s stock valued at $47,210,000 after acquiring an additional 653,659 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Kohl’s Corporation by 13.5% in the second quarter. Dimensional Fund Advisors LP now owns 5,457,350 shares of the company’s stock valued at $211,022,000 after acquiring an additional 647,469 shares during the last quarter.

KSS has been the topic of several recent research reports. Gordon Haskett upgraded Kohl’s Corporation from a “hold” rating to an “accumulate” rating in a report on Thursday, November 9th. TheStreet upgraded Kohl’s Corporation from a “c+” rating to a “b-” rating in a report on Monday, August 14th. Jefferies Group LLC reiterated a “buy” rating and issued a $50.00 price target (up previously from $48.00) on shares of Kohl’s Corporation in a report on Friday, August 11th. BidaskClub upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, Instinet reiterated a “buy” rating and issued a $51.00 price target (up previously from $41.00) on shares of Kohl’s Corporation in a report on Thursday, August 10th. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $42.74.

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Kohl’s Corporation (NYSE:KSS) opened at $42.27 on Thursday. Kohl’s Corporation has a 1-year low of $35.16 and a 1-year high of $59.67. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $7,114.07, a PE ratio of 11.19, a PEG ratio of 1.69 and a beta of 1.22.

Kohl’s Corporation (NYSE:KSS) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by ($0.02). Kohl’s Corporation had a net margin of 3.47% and a return on equity of 12.72%. The business had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter last year, the firm earned $0.80 EPS. The company’s revenue for the quarter was up .1% on a year-over-year basis. analysts forecast that Kohl’s Corporation will post 3.75 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 5.20%. The ex-dividend date of this dividend is Tuesday, December 5th. Kohl’s Corporation’s dividend payout ratio (DPR) is presently 58.36%.

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.

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

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