Virginia Retirement Systems ET AL Buys 4,500 Shares of Kohl’s Co. (KSS)

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Virginia Retirement Systems ET AL grew its stake in Kohl’s Co. (NYSE:KSS) by 5.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,600 shares of the company’s stock after purchasing an additional 4,500 shares during the period. Virginia Retirement Systems ET AL owned about 0.05% of Kohl’s worth $6,381,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Principal Financial Group Inc. lifted its position in Kohl’s by 32.6% during the 1st quarter. Principal Financial Group Inc. now owns 350,372 shares of the company’s stock worth $22,952,000 after buying an additional 86,051 shares in the last quarter. Allianz Asset Management GmbH lifted its position in Kohl’s by 104.6% during the 1st quarter. Allianz Asset Management GmbH now owns 411,768 shares of the company’s stock worth $26,975,000 after buying an additional 210,542 shares in the last quarter. DnB Asset Management AS lifted its position in Kohl’s by 6.4% during the 2nd quarter. DnB Asset Management AS now owns 19,959 shares of the company’s stock worth $1,455,000 after buying an additional 1,200 shares in the last quarter. IFM Investors Pty Ltd lifted its position in Kohl’s by 34.9% during the 2nd quarter. IFM Investors Pty Ltd now owns 8,847 shares of the company’s stock worth $645,000 after buying an additional 2,289 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its position in Kohl’s by 7.1% during the 2nd quarter. State of Alaska Department of Revenue now owns 26,800 shares of the company’s stock worth $1,952,000 after buying an additional 1,780 shares in the last quarter.

Several brokerages have commented on KSS. Royal Bank of Canada set a $82.00 price target on shares of Kohl’s and gave the stock a “hold” rating in a research report on Wednesday, August 22nd. Zacks Investment Research raised shares of Kohl’s from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research report on Tuesday, July 24th. Morgan Stanley boosted their price target on shares of Kohl’s from $45.00 to $51.00 and gave the stock an “underweight” rating in a research report on Thursday, August 23rd. Credit Suisse Group boosted their price target on shares of Kohl’s from $74.00 to $78.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 22nd. Finally, ValuEngine cut shares of Kohl’s from a “buy” rating to a “hold” rating in a research report on Thursday, August 2nd. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $78.20.

Shares of KSS stock opened at $81.97 on Friday. The company has a current ratio of 1.82, a quick ratio of 0.53 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $13.48 billion, a PE ratio of 19.56, a PEG ratio of 2.22 and a beta of 1.10. Kohl’s Co. has a 52-week low of $40.90 and a 52-week high of $82.99.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, August 21st. The company reported $1.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.64 by $0.12. The company had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $4.27 billion. Kohl’s had a net margin of 4.79% and a return on equity of 15.55%. Kohl’s’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.24 EPS. As a group, equities analysts forecast that Kohl’s Co. will post 5.48 earnings per share for the current year.

In other Kohl’s news, insider Richard D. Schepp sold 21,584 shares of the stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $81.75, for a total value of $1,764,492.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Stephanie A. Streeter sold 4,776 shares of the stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $81.50, for a total transaction of $389,244.00. Following the completion of the transaction, the director now directly owns 24,860 shares in the company, valued at $2,026,090. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 75,788 shares of company stock worth $6,104,331. 1.20% of the stock is owned by insiders.

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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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