Kohl’s Tops Q3 Expectations, Shares Surge

$174.71 million flowed into the stock on the tick-up and $204.12 million flowed out of the stock on the tick-down, for a money net flow of $29.41 million out of the stock. Sold All: 59 Reduced: 211 Increased: 224 New Position: 79. Brokerage firm Credit Suisse maintains its rating on Kohls Corporation (NYSE:KSS).

The company ended the quarter with 1,166 stores, versus 1,163 stores at the same time previous year. The stock has a P/E ratio of 11.98.

Kohl’s Corporation (Kohl’s) operate family-oriented department stores that sell apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.

Kohl’s (KSS) is Reiterated by MKM Partners to Buy according to the research report released to the investors. It has underperformed by 43.66% the S&P500. Citigroup stated in a note that the unseasonably warm weather and weak traffic trends resulted in a shortfall in sales and a rise in inventory. The Business ‘s Website contains goods that is available in the shops, in addition to goods that will be available only on-line.

Kohl’s Jersey City, N.J., location. In terms of floated shares, the short interest was calculated to be 10.4%. Moreover, Hutchinson Capital Management Ca has 5.28% invested in the company for 274,374 shares. The Ohio-based fund Eubel Brady & Suttman Asset Management Inc disclosed it had purchased a stake worth about 4.63% of the investment professional’s stock portfolio in Kohl’s Corporation.

Ratings analysis reveals 38% of Kohl’s Corporation’s analysts are positive.

Kohl’s Corp. on Thursday reported its profit dipped 15% in the third quarter on tepid sales growth amid concerns that the retailer’s turnaround plan is faltering.

Macy’s hit a two-year low in huge volume in the stock market today, closing down 5.4%. Deutsche Bank reiterated a “hold” rating and set a $55.00 price target (down from $61.00) on shares of Kohl’s Co.in a report on Monday. The final number of shares to be sold in the offering will be determined based upon the number of shares the purchasers are required to hold within the indexes, and subject to the purchasers’ desired allocation amounts. UBS downgraded KSS’s stock on an August 14. Year-to-Date the stock performance stands at -23.31%.