The Natixis Asset Management Has $578,000 Position in Kohl’s Corporation (KSS)

The Natixis Asset Management Has $578,000 Position in Kohl’s Corporation (KSS)

Natixis Asset Management continued to hold its stake in shares of Kohl’s Corporation (NYSE:KSS) during the third quarter, Holdings Channel reports. The institutional investor owned 13,209 shares of the company’s stock at the end of the third quarter. Natixis Asset Management’s holdings in Kohl’s Corporation were worth $578,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Assetmark Inc. boosted its position in Kohl’s Corporation by 0.5% in the third quarter. Assetmark Inc. now owns 2,317 shares of the company’s stock worth $101,000 after buying an additional 11 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in Kohl’s Corporation by 0.6% in the second quarter. Oppenheimer & Co. Inc. now owns 6,483 shares of the company’s stock worth $246,000 after buying an additional 40 shares in the last quarter. Acropolis Investment Management LLC boosted its position in Kohl’s Corporation by 0.4% in the third quarter. Acropolis Investment Management LLC now owns 12,385 shares of the company’s stock worth $542,000 after buying an additional 55 shares in the last quarter. Ropes Wealth Advisors LLC boosted its position in Kohl’s Corporation by 0.7% in the third quarter. Ropes Wealth Advisors LLC now owns 9,525 shares of the company’s stock worth $417,000 after buying an additional 62 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC boosted its position in Kohl’s Corporation by 1.6% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 5,388 shares of the company’s stock worth $204,000 after buying an additional 83 shares in the last quarter. Institutional investors own 97.24% of the company’s stock.

Shares of Kohl’s Corporation (NYSE:KSS) traded down 0.41% on Wednesday, hitting $41.21. The company’s stock had a trading volume of 7,110,047 shares. The company has a 50 day moving average of $50.31 and a 200 day moving average of $45.53. The firm has a market cap of $7.27 billion, a PE ratio of 12.54 and a beta of 1.08. Kohl’s Corporation has a 1-year low of $33.87 and a 1-year high of $59.67.

Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings results on Thursday, November 10th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.10. The firm earned $4.33 billion during the quarter, compared to the consensus estimate of $4.33 billion. Kohl’s Corporation had a return on equity of 13.59% and a net margin of 3.17%. Kohl’s Corporation’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.75 earnings per share. Equities analysts forecast that Kohl’s Corporation will post $3.64 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 21st. Investors of record on Wednesday, December 7th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date of this dividend was Monday, December 5th. Kohl’s Corporation’s dividend payout ratio is currently 61.16%.

A number of equities analysts have recently weighed in on the company. Credit Suisse Group cut Kohl’s Corporation from a “neutral” rating to an “underperform” rating and set a $39.00 price target for the company. in a report on Wednesday. Buckingham Research cut Kohl’s Corporation from a “buy” rating to a “neutral” rating and set a $56.00 price target for the company. in a report on Tuesday, November 15th. Zacks Investment Research cut Kohl’s Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, November 30th. Telsey Advisory Group cut Kohl’s Corporation from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $58.00 to $47.00 in a report on Thursday, January 5th. Finally, RBC Capital Markets set a $42.00 target price on Kohl’s Corporation and gave the company a “sell” rating in a report on Thursday, January 5th. Nine research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the stock. Kohl’s Corporation currently has a consensus rating of “Hold” and a consensus price target of $48.33.

In other Kohl’s Corporation news, CFO Wesley S. Mcdonald sold 27,376 shares of the company’s stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $52.41, for a total transaction of $1,434,776.16. Following the sale, the chief financial officer now owns 93,908 shares in the company, valued at $4,921,718.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Wesley S. Mcdonald sold 71,582 shares of the company’s stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $55.45, for a total value of $3,969,221.90. Following the sale, the chief financial officer now owns 108,788 shares in the company, valued at approximately $6,032,294.60. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.

About Kohl’s Corporation

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company also operates an e-commerce Website (www.Kohls.com). The Company operates over 1,160 department stores in approximately 50 states. The Company sells private label, exclusive and national brand apparel, footwear, accessories, beauty and home products.

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