Van Hulzen Asset Management buys $2,868,925 stake in Kohl's Corporation (KSS)

Kohl's Corporation (KSS) : Van Hulzen Asset Management scooped up 15,605 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 11, 2016. The investment management firm now holds a total of 63,839 shares of Kohl's Corporation which is valued at $2,868,925.Kohl's Corporation makes up approximately 1.58% of Van Hulzen Asset Management’s portfolio.

Other Hedge Funds, Including , Aston Asset Management sold out all of its stake in KSS during the most recent quarter. The investment firm sold 22,605 shares of KSS which is valued $1,015,869.Denver Investment Advisors boosted its stake in KSS in the latest quarter, The investment management firm added 23,437 additional shares and now holds a total of 162,697 shares of Kohl's Corporation which is valued at $7,189,580. Kohl's Corporation makes up approx 0.31% of Denver Investment Advisors’s portfolio.Olstein Capital Management boosted its stake in KSS in the latest quarter, The investment management firm added 72,000 additional shares and now holds a total of 290,000 shares of Kohl's Corporation which is valued at $11,417,300. Kohl's Corporation makes up approx 1.46% of Olstein Capital Management’s portfolio.Isthmus Partners boosted its stake in KSS in the latest quarter, The investment management firm added 1,465 additional shares and now holds a total of 92,220 shares of Kohl's Corporation which is valued at $4,075,202. Kohl's Corporation makes up approx 1.27% of Isthmus Partners’s portfolio.Dupont Capital Management Corp reduced its stake in KSS by selling 8,371 shares or 16.06% in the most recent quarter. The Hedge Fund company now holds 43,746 shares of KSS which is valued at $1,693,845. Kohl's Corporation makes up approx 0.04% of Dupont Capital Management Corp’s portfolio.

Kohl's Corporation opened for trading at $44.71 and hit $45.44 on the upside on Tuesday, eventually ending the session at $45.02, with a gain of 1.72% or 0.76 points. The heightened volatility saw the trading volume jump to 27,56,049 shares. Company has a market cap of $8,271 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.

Investors should note that on Aug 11, 2016, Kohl's Corporation announced a cash dividend of $0.5000. The company’s management has announced Sep 2, 2016 as the ex-dividend date and fixed the record date on Sep 7, 2016. The payable date has been fixed on Sep 21, 2016.

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 .

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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