Kohl’s Corporation’s Trend Down, Especially After This Options Activity


 Kohl's Corporation's Trend Down, Especially After This Options Activity

In today’s session Kohl’s Corporation (KSS) recorded an unusually high (2,458) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious KSS decrease. With 2,458 contracts traded and 8604 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: KSS161118P00042500 closed last at: $1.85 or 42.3% up. About 547,463 shares traded hands. Kohl’s Corporation (NYSE:KSS) has declined 9.39% since March 15, 2016 and is downtrending. It has underperformed by 14.88% the S&P500.

Analysts await Kohl’s Corporation (NYSE:KSS) to report earnings on November, 10. They expect $0.72 earnings per share, down 4.00% or $0.03 from last year’s $0.75 per share. KSS’s profit will be $127.97M for 14.91 P/E if the $0.72 EPS becomes a reality. After $1.22 actual earnings per share reported by Kohl’s Corporation for the previous quarter, Wall Street now forecasts -40.98% negative EPS growth.

Kohl’s Corporation (NYSE:KSS) Ratings Coverage

Out of 15 analysts covering Kohl’s Corporation (NYSE:KSS), 6 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 40% are positive. $75 is the highest target while $37 is the lowest. The $47.47 average target is 10.58% above today’s ($42.93) stock price. Kohl’s Corporation has been the topic of 35 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Deutsche Bank given on Friday, August 12. Telsey Advisory Group maintained the shares of KSS in a report on Friday, October 16 with “Outperform” rating. The firm has “Buy” rating given on Sunday, August 16 by Telsey Advisory Group. On Friday, August 12 the stock rating was maintained by RBC Capital Markets with “Underperform”. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, February 26. The firm has “Neutral” rating by UBS given on Friday, August 12. The stock of Kohl’s Corporation (NYSE:KSS) has “Underperform” rating given on Friday, May 13 by RBC Capital Markets. The rating was downgraded by Atlantic Securities to “Underweight” on Friday, February 5. The firm has “Hold” rating by Deutsche Bank given on Saturday, August 15. The company was downgraded on Friday, August 14 by UBS.

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.
Moreover, Rothschild Asset Mngmt Incorporated has 0.01% invested in Kohl’s Corporation (NYSE:KSS) for 10,754 shares. Dubuque Financial Bank And has 0% invested in the company for 60 shares. State Of Tennessee Treasury Department reported 210,479 shares or 0.04% of all its holdings. Brinker holds 0.04% or 12,693 shares in its portfolio. Tradewinds Management Ltd Liability has 0% invested in the company for 15 shares. Nordea Invest Management Ab last reported 0.18% of its portfolio in the stock. Barclays Public Limited Com, a United Kingdom-based fund reported 323,969 shares. The Wisconsin-based Morgan Dempsey Management Llc has invested 0% in Kohl’s Corporation (NYSE:KSS). Perkins Invest Management Lc holds 0.53% or 932,987 shares in its portfolio. Retirement Sys Of Alabama has invested 0.02% of its portfolio in Kohl’s Corporation (NYSE:KSS). Chevy Chase Tru Hldg Inc holds 358,301 shares or 0.08% of its portfolio. The New York-based Qs Invsts Lc has invested 0.02% in Kohl’s Corporation (NYSE:KSS). Neumann Capital Mgmt holds 0.44% or 17,460 shares in its portfolio. Pinebridge Investments L P owns 1,401 shares or 0% of their US portfolio. Aviva Public Ltd Co holds 0.03% of its portfolio in Kohl’s Corporation (NYSE:KSS) for 119,646 shares.

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

Kohl’s Corporation is an operator of department stores. The company has a market cap of $7.63 billion. The Firm also operates an e-commerce Website (www.Kohls.com). It has a 14.04 P/E ratio. The Firm operates over 1,160 department stores in approximately 50 states.

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.

More recent Kohl’s Corporation (NYSE:KSS) news were published by: Seekingalpha.com which released: “Gloomy trading on Kohl’s” on October 18, 2016. Also Investorplace.com published the news titled: “Trade of the Day: Kohl’s Corporation (KSS) Has Good Things in Store” on September 22, 2016. Investorplace.com‘s news article titled: “Why Kohl’s Corporation Was Named a Top Dividend Stock (KSS)” with publication date: September 27, 2016 was also an interesting one.

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