Sona Chawla Sells 27,223 Shares of Kohl’s Co. (KSS) Stock
Kohl’s Co. (NYSE:KSS) President Sona Chawla sold 27,223 shares of the stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $80.92, for a total transaction of $2,202,885.16. Following the transaction, the president now owns 253,021 shares in the company, valued at approximately $20,474,459.32. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of NYSE KSS traded up $0.81 during midday trading on Friday, hitting $80.84. The company’s stock had a trading volume of 2,189,139 shares, compared to its average volume of 3,384,695. Kohl’s Co. has a one year low of $37.97 and a one year high of $82.42. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The firm has a market cap of $13.57 billion, a P/E ratio of 19.29, a price-to-earnings-growth ratio of 2.24 and a beta of 1.28.
Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, August 21st. The company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.12. Kohl’s had a net margin of 4.79% and a return on equity of 15.55%. The company had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the previous year, the firm posted $1.24 earnings per share. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. equities analysts expect that Kohl’s Co. will post 5.45 EPS for the current year.
Several institutional investors have recently made changes to their positions in KSS. Millennium Management LLC boosted its stake in shares of Kohl’s by 7,904.4% in the 1st quarter. Millennium Management LLC now owns 2,931,723 shares of the company’s stock valued at $192,057,000 after purchasing an additional 2,969,288 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Kohl’s by 186.3% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 2,251,147 shares of the company’s stock valued at $147,471,000 after purchasing an additional 1,464,977 shares in the last quarter. American Century Companies Inc. purchased a new stake in shares of Kohl’s in the 2nd quarter valued at $90,847,000. Janus Henderson Group PLC raised 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 valued at $130,231,000 after buying an additional 1,245,073 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised 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 valued at $116,690,000 after buying an additional 891,977 shares during the last quarter.
Several equities analysts recently commented on KSS shares. Guggenheim reissued a “buy” rating on shares of Kohl’s in a research note on Friday, June 8th. Zacks Investment Research raised shares of Kohl’s from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a research note on Monday, May 21st. ValuEngine raised shares of Kohl’s from a “hold” rating to a “buy” rating in a research note on Monday, August 13th. Cowen reaffirmed a “buy” rating and set a $90.00 price target on shares of Kohl’s in a research note on Thursday, August 16th. Finally, Goldman Sachs Group initiated coverage on shares of Kohl’s in a research note on Monday, September 3rd. They set a “buy” rating and a $91.00 target price for the company. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $77.20.
Kohl’s Company 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.
See Also: Price to Earnings Ratio (PE)
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