Market Runner: Is Buying Kohl’s Corporation Here a Winning Strategy?

Market Runner: Is Buying Kohl's Corporation Here a Winning Strategy?

The stock of Kohl’s Corporation (NYSE:KSS) hit a new 52-week high and has $75.63 target or 42.00% above today’s $53.26 share price. The 7 months bullish chart indicates low risk for the $10.67B company. The 1-year high was reported on Nov, 11 by If the $75.63 price target is reached, the company will be worth $4.48B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 9.47 million shares traded hands or 158.74% up from the average. Kohl’s Corporation (NYSE:KSS) has risen 19.82% since April 11, 2016 and is uptrending. It has outperformed by 13.67% the S&P500.

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 37 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Negative” rating given by OTR Global on Wednesday, November 2. The stock of Kohl’s Corporation (NYSE:KSS) has “Hold” rating given on Friday, August 12 by Deutsche Bank. Citigroup maintained Kohl’s Corporation (NYSE:KSS) rating on Friday, August 12. Citigroup has “Neutral” rating and $45 price target. The company was maintained on Friday, August 12 by Telsey Advisory Group. On Wednesday, October 7 the stock rating was initiated by Citigroup with “Neutral”. The stock of Kohl’s Corporation (NYSE:KSS) earned “Outperform” rating by Telsey Advisory Group on Friday, November 11. Telsey Advisory Group maintained the stock with “Outperform” rating in Friday, May 13 report. UBS maintained the shares of KSS in a report on Friday, August 12 with “Neutral” rating. The rating was downgraded by M Partners to “Neutral” on Thursday, February 4. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, October 16.

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.
Neuberger Berman Gru holds 353,961 shares or 0.02% of its portfolio. Pdt Prtnrs Limited Liability Co has 135,600 shares for 0.41% of their US portfolio. The Ohio-based Lenox Wealth Management Inc has invested 0% in Kohl’s Corporation (NYSE:KSS). Moreover, Kanaly Trust has 0% invested in Kohl’s Corporation (NYSE:KSS) for 242 shares. Morgan Dempsey Cap Mngmt Ltd Liability Corp, a Wisconsin-based fund reported 35 shares. Hutchinson Management Ca holds 4.58% or 397,912 shares in its portfolio. Tyvor Cap Llc owns 159,983 shares or 1.93% of their US portfolio. Delta Lloyd Nv reported 21,348 shares or 0.03% of all its holdings. The Michigan-based Comerica Savings Bank has invested 0.08% in Kohl’s Corporation (NYSE:KSS). Alphamark Advisors Ltd Liability has 600 shares for 0.01% of their US portfolio. Agf Inc last reported 200 shares in the company. Retirement Of Alabama accumulated 0.02% or 93,656 shares. Blackrock Fund Advsrs accumulated 0.02% or 2.96 million shares. Tiaa Cref Inv Mgmt Ltd Liability Corporation has 0.02% invested in the company for 840,311 shares. Regentatlantic Cap Limited last reported 26,482 shares in the company.

Insider Transactions: Since August 11, 2016, the stock had 1 insider buy, and 0 sales for $26,980 net activity. On Thursday, August 11 WATSON STEPHEN E bought $26,980 worth of the stock or 615 shares.

Another recent and important Kohl’s Corporation (NYSE:KSS) news was published by which published an article titled: “Earnings Reaction History: Kohl’s Corporation, 42.9% Follow-Through Indicator …” on November 10, 2016.

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 ( 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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