Kohl’s Co. (KSS) Shares Bought by Flippin Bruce & Porter Inc.

Flippin Bruce & Porter Inc. raised its holdings in shares of Kohl’s Co. (NYSE:KSS) by 1.0% in the first quarter, Holdings Channel reports. The institutional investor owned 118,923 shares of the company’s stock after buying an additional 1,230 shares during the quarter. Flippin Bruce & Porter Inc.’s holdings in Kohl’s were worth $8,178,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Teachers Advisors LLC grew its holdings in shares of Kohl’s by 92.5% in the third quarter. Teachers Advisors LLC now owns 1,512,697 shares of the company’s stock valued at $112,772,000 after purchasing an additional 726,900 shares in the last quarter. TIAA CREF Investment Management LLC grew its holdings in shares of Kohl’s by 153.6% in the third quarter. TIAA CREF Investment Management LLC now owns 2,551,899 shares of the company’s stock valued at $190,244,000 after purchasing an additional 1,545,495 shares in the last quarter. Vanguard Group Inc grew its holdings in shares of Kohl’s by 0.3% in the third quarter. Vanguard Group Inc now owns 18,645,902 shares of the company’s stock valued at $1,390,053,000 after purchasing an additional 47,724 shares in the last quarter. Cerebellum GP LLC grew its holdings in shares of Kohl’s by 68.5% in the fourth quarter. Cerebellum GP LLC now owns 4,077 shares of the company’s stock valued at $270,000 after purchasing an additional 1,657 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in shares of Kohl’s by 57.7% in the fourth quarter. State of Alaska Department of Revenue now owns 42,526 shares of the company’s stock valued at $2,819,000 after purchasing an additional 15,553 shares in the last quarter.

NYSE KSS opened at $68.37 on Friday. The company has a quick ratio of 0.50, a current ratio of 1.77 and a debt-to-equity ratio of 0.61. Kohl’s Co. has a 52 week low of $57.89 and a 52 week high of $83.28. The company has a market cap of $11.24 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 1.17 and a beta of 0.77.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $2.24 EPS for the quarter, topping the consensus estimate of $2.17 by $0.07. Kohl’s had a net margin of 3.95% and a return on equity of 16.97%. The company had revenue of $6.54 billion during the quarter, compared to analysts’ expectations of $6.55 billion. During the same quarter in the previous year, the business posted $1.87 EPS. The firm’s revenue was down 3.4% on a year-over-year basis. As a group, research analysts expect that Kohl’s Co. will post 6.05 EPS for the current fiscal year.

KSS has been the subject of a number of research reports. Telsey Advisory Group restated an “outperform” rating and issued a $80.00 price objective (down previously from $90.00) on shares of Kohl’s in a report on Friday, January 11th. Guggenheim restated a “buy” rating and issued a $80.00 price objective on shares of Kohl’s in a report on Tuesday, March 5th. Atlantic Securities upgraded shares of Kohl’s from an “underweight” rating to a “neutral” rating and set a $71.50 price objective for the company in a report on Wednesday, March 6th. Zacks Investment Research upgraded shares of Kohl’s from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a report on Tuesday, March 12th. Finally, Bank of America restated a “buy” rating and issued a $80.00 price objective on shares of Kohl’s in a report on Wednesday, March 13th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company’s stock. Kohl’s presently has an average rating of “Hold” and an average target price of $75.58.

TRADEMARK VIOLATION NOTICE: “Kohl’s Co. (KSS) Shares Bought by Flippin Bruce & Porter Inc.” was posted by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this article on another website, it was stolen and reposted in violation of international copyright & trademark legislation. The legal version of this article can be accessed at https://www.baseballdailydigest.com/news/2019/05/10/kohls-co-kss-shares-bought-by-flippin-bruce-porter-inc.html.

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.

See Also: What is net income?

Want to see what other hedge funds are holding KSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kohl’s Co. (NYSE:KSS).

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

Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter.