Flippin Bruce Porter Inc buys $5,770,065 stake in Kohl's Corporation (KSS)

Kohl's Corporation (KSS) : Flippin Bruce Porter Inc scooped up 10,081 additional shares in Kohl's Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 130,574 shares of Kohl's Corporation which is valued at $5,770,065.Kohl's Corporation makes up approximately 1.62% of Flippin Bruce Porter Inc’s portfolio.

Other Hedge Funds, Including , Canal Capital Management sold out all of its stake in KSS during the most recent quarter. The investment firm sold 19,175 shares of KSS which is valued $847,343.Parkside Financial Bank Trust boosted its stake in KSS in the latest quarter, The investment management firm added 45 additional shares and now holds a total of 545 shares of Kohl's Corporation which is valued at $21,102. Kohl's Corporation makes up approx 0.01% of Parkside Financial Bank Trust’s portfolio. Lmr Partners Llp sold out all of its stake in KSS during the most recent quarter. The investment firm sold 19,358 shares of KSS which is valued $805,099.Candriam Luxembourg S.c.a. boosted its stake in KSS in the latest quarter, The investment management firm added 71,949 additional shares and now holds a total of 176,386 shares of Kohl's Corporation which is valued at $7,178,910. Kohl's Corporation makes up approx 0.18% of Candriam Luxembourg S.c.a.’s portfolio.Regentatlantic Capital reduced its stake in KSS by selling 7,797 shares or 22.75% in the most recent quarter. The Hedge Fund company now holds 26,482 shares of KSS which is valued at $1,048,158. Kohl's Corporation makes up approx 0.10% of Regentatlantic Capital’s portfolio.

Kohl's Corporation opened for trading at $45.22 and hit $46.339 on the upside on Monday, eventually ending the session at $46.01, with a gain of 2.38% or 1.07 points. The heightened volatility saw the trading volume jump to 53,70,288 shares. Company has a market cap of $8,452 M.

On the company’s financial health, Kohl's Corporation reported $1.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Aug 11, 2016. Analyst had a consensus of $1.03. The company had revenue of $4182.00 million for the quarter, compared to analysts expectations of $4165.86 million. The company’s revenue was down -2.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.07 EPS.

Many Wall Street Analysts have commented on Kohl's Corporation. Company shares were Reiterated by RBC Capital Mkts on Aug 12, 2016 to “Underperform”, Firm has raised the Price Target to $ 44 from a previous price target of $37 .Company shares were Reiterated by Telsey Advisory Group on Aug 12, 2016 to “Outperform”, Firm has raised the Price Target to $ 51 from a previous price target of $44 .Shares were Reiterated by Telsey Advisory Group on May 13, 2016 to “Outperform” and Lowered the Price Target to $ 44 from a previous price target of $55 .

Kohl’s Corporation (Kohl’s) is a specialty department store. As of January 31 2015 the Company operated 1162 department stores in 49 states and an e-Commerce Website (www.Kohls.com). The Company sells private label and national brand apparel footwear accessories beauty and home products. The Company’s stores carry a merchandise assortment with differences attributable to regional preferences. The Company’s Website includes merchandise which is available in the stores as well as merchandise which is available only on-line. Its private brands include Apt. 9 Croft & Barrow Jumping Beans SO and Sonoma Life + Style. The Company’s exclusive brands consist of Food Network Jennifer Lopez Marc Anthony Rock & Republic and Simply Vera Vera Wang. It also offers products under the Fitbit IZOD Juicy Couture Gaiam Nespresso and PUMA brands as well as Jumping Beans collections featuring Disney characters. It also operates a nationwide loyalty program called Yes2You rewards.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *