Kohl’s Corporation’s Stock Is Buy After Today’s Bullish Options Activity

 Kohl's Corporation's Stock Is Buy After Today's Bullish Options Activity

In today’s session Kohl’s Corporation (KSS) registered an unusually high (1,285) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious KSS increase. With 1,285 contracts traded and 2594 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: KSS170421C00060000 closed last at: $2 or 4.8% down. About 1.12M shares traded hands. Kohl’s Corporation (NYSE:KSS) has risen 18.28% since April 28, 2016 and is uptrending. It has outperformed by 12.36% the S&P500.

Analysts await Kohl’s Corporation (NYSE:KSS) to report earnings on February, 23 before the open. They expect $1.63 earnings per share, up 3.16% or $0.05 from last year’s $1.58 per share. KSS’s profit will be $291.19M for 8.52 P/E if the $1.63 EPS becomes a reality. After $0.80 actual earnings per share reported by Kohl’s Corporation for the previous quarter, Wall Street now forecasts 103.75% EPS growth.

Kohl’s Corporation (NYSE:KSS) Ratings Coverage

Out of 17 analysts covering Kohl’s Corporation (NYSE:KSS), 7 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 41% 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 39 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Friday, August 12 by Jefferies. M Partners downgraded the shares of KSS in a report on Thursday, February 4 to “Neutral” rating. Citigroup initiated Kohl’s Corporation (NYSE:KSS) on Wednesday, October 7 with “Neutral” rating. The stock of Kohl’s Corporation (NYSE:KSS) has “Neutral” rating given on Friday, August 14 by UBS. On Friday, September 30 the stock rating was initiated by Guggenheim with “Buy”. The rating was maintained by Telsey Advisory Group on Sunday, August 16 with “Buy”. The rating was maintained by M Partners with “Buy” on Friday, August 14. The stock has “Buy” rating given by M Partners on Tuesday, November 10. The firm has “Neutral” rating by UBS given on Friday, August 12. RBC Capital Markets maintained Kohl’s Corporation (NYSE:KSS) rating on Friday, May 13. RBC Capital Markets has “Underperform” rating and $37 price target.

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 1.14 in 2016 Q2. Its up 0.07, from 1.07 in 2016Q1. The ratio is positive, 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.
The New York-based Blackrock has invested 0.03% in Kohl’s Corporation (NYSE:KSS). Aperio owns 43,938 shares or 0.01% of their US portfolio. Morgan Stanley accumulated 279,558 shares or 0% of the stock. Oregon Public Employees Retirement Fund has 0.07% invested in the company for 85,991 shares. Suntrust Banks holds 105,450 shares or 0.02% of its portfolio. Texas Permanent School Fund holds 0.03% of its portfolio in Kohl’s Corporation (NYSE:KSS) for 59,602 shares. Moreover, Midas Management has 0.61% invested in Kohl’s Corporation (NYSE:KSS) for 28,600 shares. Daiwa Grp reported 20,900 shares or 0% of all its holdings. Sigma Planning holds 8,045 shares or 0.04% of its portfolio. Ig Inv Mngmt accumulated 11,170 shares or 0% of the stock. Prudential Fin, a New Jersey-based fund reported 575,776 shares. First Retail Bank Sioux Falls accumulated 0.01% or 105 shares. Moreover, Dreman Value Mgmt L L C has 0.46% invested in Kohl’s Corporation (NYSE:KSS) for 19,586 shares. Peak6 Limited Partnership last reported 127,782 shares in the company. Ladenburg Thalmann Fincl Services Inc holds 0.01% or 15,203 shares in its portfolio.

Insider Transactions: Since August 11, 2016, the stock had 1 insider purchase, and 2 insider sales for $5.38 million net activity. $1.43M worth of Kohl’s Corporation (NYSE:KSS) was sold by MCDONALD WESLEY S. 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 $9.92 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.

Another recent and important Kohl’s Corporation (NYSE:KSS) news was published by Businesswire.com which published an article titled: “Kohl’s Corporation Reports Third Quarter Financial Results” on November 10, 2016.

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