Huntington National Bank Sells 1,841 Shares of Kohl’s Co. (NYSE:KSS)

Huntington National Bank reduced its stake in shares of Kohl’s Co. (NYSE:KSS) by 30.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,137 shares of the company’s stock after selling 1,841 shares during the quarter. Huntington National Bank’s holdings in Kohl’s were worth $205,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Trustcore Financial Services LLC bought a new stake in Kohl’s during the third quarter worth approximately $25,000. Point72 Hong Kong Ltd bought a new stake in Kohl’s during the second quarter worth approximately $26,000. TRUE Private Wealth Advisors purchased a new position in shares of Kohl’s during the second quarter valued at approximately $33,000. Point72 Asset Management L.P. purchased a new position in shares of Kohl’s during the second quarter valued at approximately $38,000. Finally, Webster Bank N. A. purchased a new position in shares of Kohl’s during the third quarter valued at approximately $50,000. 98.31% of the stock is currently owned by institutional investors.

Shares of NYSE KSS traded up $0.30 during trading hours on Friday, reaching $57.04. The stock had a trading volume of 3,881,415 shares, compared to its average volume of 3,909,627. The company has a current ratio of 1.65, a quick ratio of 0.36 and a debt-to-equity ratio of 1.06. The firm has a market cap of $9.10 billion, a price-to-earnings ratio of 10.19, a P/E/G ratio of 1.06 and a beta of 1.07. The business’s fifty day moving average price is $50.99 and its two-hundred day moving average price is $52.23. Kohl’s Co. has a 52-week low of $43.33 and a 52-week high of $83.28.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Tuesday, August 20th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.04. The firm had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.25 billion. Kohl’s had a return on equity of 15.94% and a net margin of 3.69%. Kohl’s’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.76 earnings per share. Equities research analysts anticipate that Kohl’s Co. will post 5.22 earnings per share for the current fiscal year.

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Several brokerages have issued reports on KSS. Telsey Advisory Group dropped their target price on Kohl’s from $65.00 to $60.00 and set an “outperform” rating for the company in a research report on Wednesday, August 21st. Goldman Sachs Group set a $56.00 target price on Kohl’s and gave the company a “buy” rating in a research report on Wednesday, August 21st. Cowen set a $58.00 target price on Kohl’s and gave the company a “buy” rating in a research report on Monday, August 26th. Morgan Stanley boosted their target price on Kohl’s from $50.00 to $51.00 and gave the company an “underweight” rating in a research report on Thursday, August 22nd. Finally, ValuEngine upgraded Kohl’s from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. Kohl’s currently has a consensus rating of “Hold” and a consensus price target of $60.18.

About Kohl’s

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.

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Institutional Ownership by Quarter for Kohl`s (NYSE:KSS)

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