Price Action Report: Kohl’s Corporation on Focus After Raising In Today’s Session

Price Action Report: Kohl's Corporation on Focus After Raising In Today's Session

The stock of Kohl’s Corporation (NYSE:KSS) is a huge mover today! About 10.20 million shares traded hands or 224.84% up from the average. Kohl’s Corporation (NYSE:KSS) has risen 5.37% since April 8, 2016 and is uptrending. It has underperformed by 0.28% the S&P500.
The move comes after 8 months positive chart setup for the $9.67B company. It was reported on Nov, 10 by Barchart.com. We have $76.68 PT which if reached, will make NYSE:KSS worth $4.64B more.

Kohl’s Corporation (NYSE:KSS) Ratings Coverage

Out of 16 analysts covering Kohl’s Corporation (NYSE:KSS), 6 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 38% are positive. Kohl’s Corporation has been the topic of 36 analyst reports since August 6, 2015 according to StockzIntelligence Inc. M Partners maintained the shares of KSS in a report on Tuesday, November 10 with “Buy” rating. The rating was maintained by Deutsche Bank on Friday, August 12 with “Hold”. As per Sunday, August 16, the company rating was maintained by Telsey Advisory Group. As per Friday, May 13, the company rating was maintained by RBC Capital Markets. On Thursday, February 4 the stock rating was downgraded by M Partners to “Neutral”. The rating was initiated by Guggenheim on Friday, September 30 with “Buy”. The company was initiated on Wednesday, October 7 by Citigroup. Telsey Advisory Group maintained Kohl’s Corporation (NYSE:KSS) rating on Friday, October 16. Telsey Advisory Group has “Outperform” rating and $60 price target. Telsey Advisory Group maintained it with “Outperform” rating and $54 target price in Friday, February 26 report. The firm earned “Underperform” rating on Friday, August 12 by RBC Capital Markets.

According to Zacks Investment Research, “Kohl’s Corporation operates family oriented, specialty department stores primarily in the Midwest, Mid-Atlantic and Northeast areas of the United States that feature quality, national brand merchandise priced to provide exceptional value to customers. The company’s stores sell moderately priced apparel, shoes, accessories and home products targeted to middle-income customers shopping for their families and homes. Kohl’s stores feature easily accessible locations, well laid out stores, central checkout and good in-stock.”

Insitutional Activity: The institutional sentiment increased to 1.07 in Q2 2016. Its up 0.17, from 0.9 in 2016Q1. The ratio increased, as 74 funds sold all Kohl’s Corporation shares owned while 158 reduced positions. 64 funds bought stakes while 185 increased positions. They now own 167.65 million shares or 6.12% less from 178.57 million shares in 2016Q1.
Toronto Dominion Savings Bank holds 0% of its portfolio in Kohl’s Corporation (NYSE:KSS) for 1,044 shares. Panagora Asset last reported 331,494 shares in the company. The Illinois-based North Star Investment Management has invested 0% in Kohl’s Corporation (NYSE:KSS). Guggenheim Cap Ltd Co accumulated 0.11% or 921,309 shares. Athena Global Investors Limited Company has invested 5.06% of its portfolio in Kohl’s Corporation (NYSE:KSS). Moreover, Advisory Svcs Network Limited Liability Corp has 0.01% invested in Kohl’s Corporation (NYSE:KSS) for 1,393 shares. Regentatlantic Cap Limited Liability Company holds 26,482 shares or 0.1% of its portfolio. Dynamic Capital Management Ltd, a United Kingdom-based fund reported 30,469 shares. Wealthtrust accumulated 0% or 103 shares. Intact Inv Inc accumulated 0.01% or 6,300 shares. First Finance In has 626 shares for 0.01% of their US portfolio. Morgan Stanley has 0% invested in the company for 279,558 shares. Hgk Asset Management has 287,698 shares for 1.63% of their US portfolio. Sii Invs Wi holds 0.09% of its portfolio in Kohl’s Corporation (NYSE:KSS) for 29,178 shares. Commonwealth Financial Bank Of holds 62,370 shares or 0.03% of its portfolio.

Insider Transactions: Since August 11, 2016, the stock had 1 buying transaction, and 0 selling transactions for $26,980 net activity. WATSON STEPHEN E had bought 615 shares worth $26,980 on Thursday, August 11.

More recent Kohl’s Corporation (NYSE:KSS) news were published by: Businesswire.com which released: “Kohl’s Corporation Reports Third Quarter Financial Results” on November 10, 2016. Also Nasdaq.com published the news titled: “Earnings Reaction History: Kohl’s Corporation, 42.9% Follow-Through Indicator …” on November 10, 2016. Benzinga.com‘s news article titled: “12 Stocks You Should Be Watching Today” with publication date: November 10, 2016 was also an interesting one.

KSS Company Profile

Kohl’s Corporation (Kohl’s), incorporated on March 23, 1993, is an operator of department stores. The Firm also operates an e-commerce Website (www.Kohls.com). The Firm operates over 1,160 department stores in approximately 50 states. The Firm sells private label, exclusive and national brand apparel, footwear, accessories, beauty and home products. The Company’s Website includes merchandise, which is available in its stores, as well as merchandise, which is available only on-line.

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