FormulaFolio Investments LLC boosted its stake in Kohl’s Co. (NYSE:KSS) by 55.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,795 shares of the company’s stock after purchasing an additional 5,627 shares during the period. FormulaFolio Investments LLC’s holdings in Kohl’s were worth $1,178,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of KSS. American Century Companies Inc. acquired a new stake in Kohl’s during the 2nd quarter worth about $90,847,000. Janus Henderson Group PLC grew its holdings in Kohl’s by 230.0% during the 2nd quarter. Janus Henderson Group PLC now owns 1,786,420 shares of the company’s stock worth $130,231,000 after acquiring an additional 1,245,073 shares during the period. PNC Financial Services Group Inc. grew its holdings in Kohl’s by 125.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,600,722 shares of the company’s stock worth $116,690,000 after acquiring an additional 891,977 shares during the period. Worldquant Millennium Quantitative Strategies LLC acquired a new stake in Kohl’s during the 2nd quarter worth about $59,996,000. Finally, Renaissance Technologies LLC grew its holdings in Kohl’s by 76.4% during the 2nd quarter. Renaissance Technologies LLC now owns 1,321,900 shares of the company’s stock worth $96,367,000 after acquiring an additional 572,700 shares during the period.

In other news, EVP Ratnakar Lavu sold 12,205 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $82.00, for a total value of $1,000,810.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Richard D. Schepp sold 21,584 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $81.75, for a total transaction of $1,764,492.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 75,788 shares of company stock valued at $6,104,331. 1.20% of the stock is currently owned by company insiders.

A number of analysts have weighed in on the company. Credit Suisse Group increased their price target on Kohl’s from $74.00 to $78.00 and gave the stock a “neutral” rating in a report on Wednesday, August 22nd. MKM Partners increased their price target on Kohl’s to $81.00 and gave the stock a “neutral” rating in a report on Wednesday, August 22nd. Royal Bank of Canada set a $82.00 price target on Kohl’s and gave the stock a “hold” rating in a report on Wednesday, August 22nd. Guggenheim reiterated a “buy” rating and set a $85.00 price target on shares of Kohl’s in a report on Tuesday, August 21st. Finally, Telsey Advisory Group increased their price target on Kohl’s from $86.00 to $99.00 and gave the stock an “outperform” rating in a report on Wednesday, August 22nd. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company. Kohl’s currently has an average rating of “Hold” and a consensus price target of $78.20.

Shares of KSS opened at $72.49 on Monday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 0.53. The stock has a market capitalization of $12.09 billion, a PE ratio of 17.30, a PEG ratio of 1.99 and a beta of 1.10. Kohl’s Co. has a one year low of $42.81 and a one year high of $83.28.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, August 21st. The company reported $1.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.64 by $0.12. The company had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.27 billion. Kohl’s had a return on equity of 15.55% and a net margin of 4.79%. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period last year, the business posted $1.24 EPS. On average, sell-side analysts forecast that Kohl’s Co. will post 5.48 earnings per share for the current fiscal year.

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About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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

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