Kohl's Corporation (KSS) Trades at $61.31 Forming Bullish Double Top

April 16, 2018 - By Darrel Chase

Kohl's Corporation (NYSE:KSS) Corporate Logo

During Q4 2017 the big money sentiment increased to 1.06. That’s change of 0.12, from 2017Q3’s 0.94. 31 investors sold all, 178 reduced holdings as Kohl's Corporation ratio improved. 129 increased holdings while 93 funds amassed holdings. Funds hold 165.73 million shares thus 5.45% less from 2017Q3’s 175.28 million shares.
Zeke Cap Advisors Limited Liability Corp holds 0.04% or 6,194 shs in its capital. Dreman Value L L C reported 9,461 shs. Gam Ag holds 0.04% or 23,742 shs. Palo Cap has invested 0.19% of its capital in Kohl's Corporation (NYSE:KSS). Moore Cap Management L P reported 0.3% stake. New Mexico-based New Mexico Educational Retirement Board has invested 0.03% in Kohl's Corporation (NYSE:KSS). Robeco Institutional Asset Mngmt Bv, Netherlands-based fund reported 786,170 shs. Alliancebernstein Ltd Partnership holds 0.01% or 315,803 shs. Quantbot Tech L P accumulated 0.08% or 16,412 shs. Vident Inv Advisory Limited Liability owns 0.21% invested in Kohl's Corporation (NYSE:KSS) for 86,216 shs. Canandaigua Bankshares And invested in 13,489 shs or 0.13% of the stock. Financial stated it has 0% in Kohl's Corporation (NYSE:KSS). Raymond James Fincl Advisors accumulated 12,562 shs or 0% of the stock. Legal General Gru Pcl accumulated 1.10 million shs or 0.04% of the stock. Regions Financial Corp invested in 2,465 shs.

Kohl's Corporation registered $20.58 million net activity with 0 insider purchases and 8 sales since March 6, 2018. On Tuesday, March 13 $1.33M worth of Kohl's Corporation (NYSE:KSS) was sold by SCHEPP RICHARD D. $496,350 worth of Kohl's Corporation (NYSE:KSS) was sold by BONEPARTH PETER on Tuesday, March 6. Another trade for 18,340 shs valued at $1.22 million was made by WATSON STEPHEN E on Thursday, April 5.

Kohl's Corporation (KSS) forms double top. It has $66.83 price target and $61.31 stock price. It has $10.32B MC. On Apr, 16 this technical pattern was reported by Finviz.com. $928.35 million more could be KSS valuation at $66.83 share price.

The stock decreased 0.05% or $0.03 during the last trading session, reaching $61.31.Currently Kohl's Corporation is uptrending after 67.20% change in last April 16, 2017. KSS has also 180,893 shares volume. KSS outperformed by 55.65% the S&P500.

Analysts await Kohl's Corporation (NYSE:KSS) to report earnings on May, 10. They expect $0.49 earnings per share, up 25.64 % or $0.10 from last year’s $0.39 per share. KSS’s profit will be $82.44 million for 31.28 P/E if the $0.49 EPS becomes a reality. After $1.87 actual earnings per share reported by Kohl's Corporation for the previous quarter, Wall Street now forecasts -73.80 % negative EPS growth.

Kohl's Corporation (NYSE:KSS) Ratings Coverage

Total analysts of 17 have positions in Kohl’s Corp (NYSE:KSS) as follows: 10 rated it a “Buy”, 1 with “Sell” and 6 with “Hold”. The positive are 59%. The firm has $100.0 highest while $31 is the lowest [Target]. The average target $65.87 is 7.44% above the last ($61.31) price. Since October 18, 2017 according to StockzIntelligence Inc Kohl’s Corp has 38 analyst reports. On Tuesday, January 9 the rating was maintained by Jefferies with “Buy”. On Tuesday, January 9 the rating was maintained by Guggenheim with “Buy”. On Thursday, October 26 Jefferies maintained Kohl's Corporation (NYSE:KSS) with “Buy” rating. The company rating was upgraded by Robert W. Baird on Friday, November 10. On Monday, February 5 Jefferies maintained Kohl's Corporation (NYSE:KSS) with “Buy” rating. On Thursday, March 1 Cowen & Co maintained the shares of KSS in report with “Hold” rating. On Thursday, February 8 Bank of America maintained Kohl's Corporation (NYSE:KSS) rating. Bank of America has “Buy” rating and $70 target. On Friday, January 12 the rating was upgraded by J.P. Morgan to “Buy”. On Friday, January 12 the rating was upgraded by JP Morgan to “Overweight”. On Thursday, November 9 the stock has “Sell” rating by RBC Capital Markets.

Kohl's Corporation (NYSE:KSS) Institutional Investors Chart

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