Seminole Management Exits Position in Kohl's Corporation (KSS)

Kohl's Corporation (KSS) : Seminole Management has sold out all of its stake in Kohl's Corporation during the most recent quarter, according to the disclosure filed by the company on Jul 26, 2016 with the SEC. The investment management company has sold out 180,589 shares of Kohl's Corporation which is valued at $7,349,972.

Other Hedge Funds, Including , Retirement Systems Of Alabama reduced its stake in KSS by selling 2,431 shares or 2.53% in the most recent quarter. The Hedge Fund company now holds 93,656 shares of KSS which is valued at $3,811,799. Kohl's Corporation makes up approx 0.02% of Retirement Systems Of Alabama’s portfolio.Sentinel Trust Co Lba boosted its stake in KSS in the latest quarter, The investment management firm added 45,190 additional shares and now holds a total of 112,210 shares of Kohl's Corporation which is valued at $4,441,272. Kohl's Corporation makes up approx 0.62% of Sentinel Trust Co Lba’s portfolio.Creative Planning reduced its stake in KSS by selling 587 shares or 11.22% in the most recent quarter. The Hedge Fund company now holds 4,644 shares of KSS which is valued at $178,794.Exxonmobil Investment Management Inc Tx boosted its stake in KSS in the latest quarter, The investment management firm added 1,336 additional shares and now holds a total of 47,553 shares of Kohl's Corporation which is valued at $1,868,357. Kohl's Corporation makes up approx 0.04% of Exxonmobil Investment Management Inc Tx’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in KSS by selling 28,676 shares or 14.76% in the most recent quarter. The Hedge Fund company now holds 165,660 shares of KSS which is valued at $6,508,781. Kohl's Corporation makes up approx 0.03% of Bnp Paribas Arbitrage Sa’s portfolio.

Kohl's Corporation opened for trading at $41 and hit $41.71 on the upside on Friday, eventually ending the session at $41.59, with a gain of 1.36% or 0.56 points. The heightened volatility saw the trading volume jump to 28,13,934 shares. Company has a market cap of $7,640 M.

On the company’s financial health, Kohl's Corporation reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on May 12, 2016. Analyst had a consensus of $0.37. The company had revenue of $3972.00 million for the quarter, compared to analysts expectations of $4131.13 million. The company’s revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.63 EPS.

Many Wall Street Analysts have commented on Kohl's Corporation. 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 .Shares were Reiterated by RBC Capital Mkts on May 13, 2016 to “Underperform” and Lowered the Price Target to $ 37 from a previous price target of $42 .Shares were Reiterated by Stifel on May 13, 2016 to “Buy” and Lowered the Price Target to $ 45 from a previous price target of $54 .

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.

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