Is Kohl’s Corporation’s Fuel For Real? The Stock Was Bought By Option Traders

 Is Kohl's Corporation's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session Kohl’s Corporation (KSS) registered an unusually high (1,412) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious KSS increase. With 1,412 contracts traded and 5974 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: KSS170120C00052500 closed last at: $2 or 150% up. About 1.12M shares traded hands. Kohl’s Corporation (NYSE:KSS) has risen 24.70% since April 12, 2016 and is uptrending. It has outperformed by 19.71% 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. $75 is the highest target while $37 is the lowest. The $47.93 average target is -13.69% below today’s ($55.53) stock price. Kohl’s Corporation has been the topic of 37 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock of Kohl’s Corporation (NYSE:KSS) earned “Neutral” rating by Citigroup on Friday, August 12. The rating was maintained by Telsey Advisory Group on Friday, May 13 with “Outperform”. The stock has “Buy” rating given by Miller Tabek on Thursday, March 31. On Thursday, February 4 the stock rating was downgraded by M Partners to “Neutral”. OTR Global downgraded the stock to “Negative” rating in Wednesday, November 2 report. The stock has “Buy” rating given by Telsey Advisory Group on Sunday, August 16. The firm earned “Outperform” rating on Friday, October 16 by Telsey Advisory Group. The firm has “Buy” rating given on Tuesday, November 10 by M Partners. The stock of Kohl’s Corporation (NYSE:KSS) earned “Underperform” rating by RBC Capital Markets on Friday, August 12. The firm has “Hold” rating by Deutsche Bank given on Friday, August 12.

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 2016 Q2. Its up 0.17, from 0.9 in 2016Q1. The ratio improved, 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.
Da Davidson has 52,551 shares for 0.06% of their US portfolio. Guardian Tru accumulated 0% or 120 shares. Sei Invests Company has invested 0.03% of its portfolio in Kohl’s Corporation (NYSE:KSS). Toronto Dominion Bankshares holds 0% or 1,044 shares in its portfolio. Pointstate Capital Lp owns 139,100 shares or 0.11% of their US portfolio. Blackrock Mgmt Ltd Liability reported 440,332 shares or 0.02% of all its holdings. Quantbot L P has 11,583 shares for 0.05% of their US portfolio. Bartlett & Co Llc accumulated 0% or 100 shares. The Germany-based Dekabank Deutsche Girozentrale has invested 0.06% in Kohl’s Corporation (NYSE:KSS). Pacad Invest holds 0% or 400 shares in its portfolio. Ameriprise Financial has 0% invested in the company for 148,712 shares. Moreover, Hoplite Cap Lp has 1.76% invested in Kohl’s Corporation (NYSE:KSS) for 939,931 shares. Commonwealth Equity Inc owns 51,074 shares or 0.02% of their US portfolio. Stifel Financial Corp has 1.01M shares for 0.18% of their US portfolio. J Goldman And L P last reported 0.93% of its portfolio in the stock.

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

Kohl’s Corporation is an operator of department stores. The company has a market cap of $10.41 billion. The Firm also operates an e-commerce Website (www.Kohls.com). It has a 17.05 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 news for Kohl’s Corporation (NYSE:KSS) were recently published by: Finance.Yahoo.com, which released: “Kohl’s Corporation Reports Third Quarter Financial Results” on November 10, 2016. Nasdaq.com‘s article titled: “Earnings Reaction History: Kohl’s Corporation, 42.9% Follow-Through Indicator …” and published on November 10, 2016 is yet another important article.

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