Credit Suisse Boosts Rating On Kohl's Corporation (KSS) To "Neutral"

Kohl's Corporation

Credit Suisse Boosts Rating On Kohl's Corporation (KSS) To "Neutral"

Checking some other stock price data, we can see that the recent distance from the 50 day high was noted at -0.49% and the separation from the 50 day low is presently 18.71%. 178.89 million shares or 4.03% more from 171.95 million shares in 2016Q3 were reported. The company was maintained on Friday, August 12 by Jefferies.

Do investors think to respond accordingly to new analyst's rating and change a position based on the analyst's rating opinion without any further research? Tiaa Cref Investment Management LLC reduced its ownership by selling 755,903 shares a decrease of 49.3% as of 06/30/2017. Checking in on current price action, company shares had recently touched 1.26. Macys Inc now has $6.29 billion valuation.

Kohl's (KSS) and Macy's (M) reported on Thursday another quarter of weaker sales, but the results weren't as bad as expected thanks to improved store traffic. It has underperformed by 9.54% the S&P500. Also, there are 0 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.86 average brokerage recommendation. Johnson & Johnson had 59 analyst reports since August 7, 2015 according to SRatingsIntel. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. The rating was maintained by Telsey Advisory Group on Sunday, August 16 with "Buy". BMO Capital Markets set a $43.00 price target on shares of Kohl's Corporation and gave the company a "hold" rating in a report on Friday. Deutsche Bank maintained Kohl's Corporation (NYSE:KSS) rating on Saturday, August 15. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with "Buy". The rating was downgraded by UBS to "Neutral" on Friday, August 14. Mizuho initiated Buckeye Partners, L.P. (NYSE:BPL) rating on Friday, September 30. As per Friday, May 5, the company rating was upgraded by Atlantic Securities.

During the quarter, comparable store sales fell 0.4% in the fiscal second quarter, versus comparable sales falling 1.8% in the same period previous year. Stoffels Paulus sold 22,000 shares worth $2.58M. With strong shareholder returns and stabilizing earnings it looks like the company's shares could have significant upside from the current level. It has a 36-month beta of 1.15, so you might be in for a bumpy ride.

Investors sentiment increased to 0.94 in Q4 2016. Moreover, Northwestern Mutual Wealth has 0.45% invested in Johnson & Johnson (NYSE:JNJ) for 357,659 shares.

Terreno Realty Corporation (TRNO) stock moved with shift of -0.12% in the past week. Acadian Asset Ltd owns 153 shares. Riverhead Cap Mngmt Lc has 48,222 shares. Smith Salley And Associate reported 1.4% in Johnson & Johnson (NYSE:JNJ). Cantab Ltd Liability Partnership owns 17,009 shares. Principal Group Inc Inc accumulated 946,720 shares.

Economic Survey-2 flags risks to growth, backs rate cuts
The conclusion is inescapable that the scope for monetary easing is considerable, it said. The RBI recently cut repo rate by 25 basis points bringing interest rates down to 6%.

In the transaction dated November 11, 2016, the great number of shares disposed came courtesy the CFO; MCDONALD WESLEY S disposed a total of 27,376 shares at an average price of $52.41, amounting to approximately $1,434,776. Its down 0.11, from 1.14 in 2016Q3.

A number of hedge funds have recently modified their holdings of the stock. Blackrock Institutional Tru Na reported 5.89 million shares stake.

On 3/29/2016 Wesley S Mcdonald, CFO, sold 1,645 with an average share price of $46.99 per share and the total transaction amounting to $77,298.55. Its shares have trimmed -33.8% since hitting a peak level of $59.67 on December 08, 2016. Commonwealth Equity Services holds 0.01% or 29,875 shares. State Common Retirement Fund has invested 0.03% in Kohl's Corporation (NYSE:KSS).

The department store operator reported a $128 million charge a year ago for store closures. 775 are held by Architects. Fmr Limited Liability Co has invested 0.03% in Kohl's Corporation (NYSE:KSS). The value of the investment in KSS went from $1,174,000 to $25,567,000 a change of 2,077.8% quarter over quarter. JPMorgan Chase & Co. increased its stake in shares of Kohl's Corporation by 10.8% in the first quarter. It also upped New Jersey Resources Corp. It also upped Dominos Pizza Inc (NYSE:DPZ) stake by 5,654 shares and now owns 53,831 shares. Vanguard Msci Emerging Markets (VWO) was raised too.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $219,760 activity. The company's shares were given away at $42.32 per share worth to an income of some $619,057 on account of SICA FRANK V.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Latest News