Kohl's (KSS) PT Set at $73.00 by Robert W. Baird
Several other equities analysts also recently weighed in on KSS. Guggenheim raised their price target on Kohl's from $60.00 to $75.00 and gave the company a buy rating in a report on Wednesday, January 31st. ValuEngine upgraded Kohl's from a buy rating to a strong-buy rating in a report on Saturday, February 17th. Jefferies Group restated a buy rating and set a $100.00 price target on shares of Kohl's in a report on Friday, January 19th. Zacks Investment Research upgraded Kohl's from a hold rating to a buy rating and set a $71.00 price target for the company in a report on Wednesday, January 17th. Finally, Piper Jaffray Companies set a $60.00 price target on Kohl's and gave the company a hold rating in a report on Thursday. Five analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $58.23.
Kohl's (KSS) opened at $66.50 on Thursday. The company has a current ratio of 2.01, a quick ratio of 0.30 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $11,172.33, a price-to-earnings ratio of 12.94, a price-to-earnings-growth ratio of 2.13 and a beta of 1.27. Kohl's has a 52-week low of $35.16 and a 52-week high of $69.48.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Wednesday, March 14th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 3.67%. This is an increase from Kohl's’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Tuesday, March 13th. Kohl's’s dividend payout ratio (DPR) is presently 42.80%.
In related news, Director Stephanie A. Streeter sold 4,173 shares of Kohl's stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the completion of the sale, the director now directly owns 21,960 shares in the company, valued at approximately $1,182,546. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently owned by company insiders.
Several institutional investors have recently added to or reduced their stakes in KSS. Mutual of America Capital Management LLC grew its stake in shares of Kohl's by 13.0% during the 3rd quarter. Mutual of America Capital Management LLC now owns 23,346 shares of the company’s stock valued at $1,066,000 after purchasing an additional 2,693 shares during the period. Nationwide Fund Advisors grew its stake in shares of Kohl's by 2.5% during the 3rd quarter. Nationwide Fund Advisors now owns 71,221 shares of the company’s stock valued at $3,251,000 after purchasing an additional 1,770 shares during the period. First Trust Advisors LP grew its stake in shares of Kohl's by 8.1% during the 3rd quarter. First Trust Advisors LP now owns 511,578 shares of the company’s stock valued at $23,354,000 after purchasing an additional 38,536 shares during the period. Pictet Asset Management Ltd. grew its stake in shares of Kohl's by 31.2% during the 3rd quarter. Pictet Asset Management Ltd. now owns 133,778 shares of the company’s stock valued at $6,107,000 after purchasing an additional 31,800 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of Kohl's by 34.8% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 21,121 shares of the company’s stock valued at $964,000 after purchasing an additional 5,454 shares during the period.
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Kohl's 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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