Kohl’s Co. (NYSE:KSS) Shares Purchased by Westpac Banking Corp

Westpac Banking Corp raised its stake in shares of Kohl’s Co. (NYSE:KSS) by 17.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 32,679 shares of the company’s stock after buying an additional 4,900 shares during the period. Westpac Banking Corp’s holdings in Kohl’s were worth $1,554,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in KSS. Cullen Frost Bankers Inc. acquired a new position in shares of Kohl’s in the 1st quarter worth approximately $33,000. Princeton Capital Management LLC grew its stake in shares of Kohl’s by 94.3% in the 1st quarter. Princeton Capital Management LLC now owns 544 shares of the company’s stock worth $37,000 after purchasing an additional 264 shares during the last quarter. Thor Advisors LLC acquired a new position in shares of Kohl’s in the 1st quarter worth approximately $50,000. CWM LLC grew its stake in shares of Kohl’s by 40.4% in the 1st quarter. CWM LLC now owns 1,634 shares of the company’s stock worth $112,000 after purchasing an additional 470 shares during the last quarter. Finally, NEXT Financial Group Inc grew its stake in shares of Kohl’s by 1,714.3% in the 2nd quarter. NEXT Financial Group Inc now owns 1,651 shares of the company’s stock worth $79,000 after purchasing an additional 1,560 shares during the last quarter.

Shares of Kohl’s stock traded up $1.24 during trading on Friday, hitting $45.51. The stock had a trading volume of 3,835,000 shares, compared to its average volume of 4,402,440. The stock has a 50 day simple moving average of $49.19 and a 200 day simple moving average of $59.72. The company has a market capitalization of $7.17 billion, a PE ratio of 8.13, a P/E/G ratio of 0.84 and a beta of 1.00. The company has a quick ratio of 0.34, a current ratio of 1.66 and a debt-to-equity ratio of 1.06. Kohl’s Co. has a 1 year low of $43.33 and a 1 year high of $83.28.



Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, May 21st. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.06). The firm had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Kohl’s had a return on equity of 16.74% and a net margin of 3.91%. The business’s revenue was down 3.3% on a year-over-year basis. During the same period last year, the business earned $0.64 earnings per share. As a group, equities analysts expect that Kohl’s Co. will post 5.23 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on KSS. ValuEngine raised shares of Kohl’s from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 1st. JPMorgan Chase & Co. cut shares of Kohl’s from an “overweight” rating to a “neutral” rating in a research note on Tuesday, May 21st. Robert W. Baird lowered their price objective on shares of Kohl’s from $80.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 22nd. UBS Group lowered their price objective on shares of Kohl’s from $72.00 to $57.00 and set a “neutral” rating on the stock in a research note on Friday, May 24th. Finally, Zacks Investment Research downgraded shares of Kohl’s from a “hold” rating to a “sell” rating in a research report on Friday, May 24th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $69.11.

Kohl’s Profile

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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