Entropy Technologies LP Has $1.37 Million Stock Position in Kohl’s Co. (NYSE:KSS)

Entropy Technologies LP lifted its stake in Kohl’s Co. (NYSE:KSS) by 511.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,691 shares of the company’s stock after acquiring an additional 54,103 shares during the period. Entropy Technologies LP owned approximately 0.06% of Kohl’s worth $1,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Security National Bank bought a new position in Kohl’s in the second quarter worth $34,000. Farther Finance Advisors LLC lifted its holdings in shares of Kohl’s by 117.5% during the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after acquiring an additional 1,034 shares during the period. CWM LLC raised its holdings in shares of Kohl’s by 97.1% in the second quarter. CWM LLC now owns 1,924 shares of the company’s stock valued at $44,000 after buying an additional 948 shares during the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Kohl’s in the second quarter valued at about $49,000. Finally, Summit Securities Group LLC raised its holdings in shares of Kohl’s by 50.0% in the second quarter. Summit Securities Group LLC now owns 2,400 shares of the company’s stock valued at $55,000 after buying an additional 800 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Trading Down 0.9 %

Shares of Kohl’s stock opened at $18.09 on Thursday. Kohl’s Co. has a 12-month low of $17.41 and a 12-month high of $29.60. The stock has a market cap of $2.01 billion, a P/E ratio of 7.09, a P/E/G ratio of 1.26 and a beta of 1.94. The company has a quick ratio of 0.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.98. The business’s 50 day moving average is $19.35 and its 200-day moving average is $21.25.

Kohl’s (NYSE:KSS) last posted its earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.13. The business had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.69 billion. Kohl’s had a return on equity of 7.43% and a net margin of 1.66%. The firm’s revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 EPS. Equities research analysts predict that Kohl’s Co. will post 1.81 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 11.06%. Kohl’s’s payout ratio is presently 78.43%.

Insider Buying and Selling at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 16,367 shares of the company’s stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total value of $315,392.09. Following the transaction, the executive vice president now directly owns 136,799 shares of the company’s stock, valued at $2,636,116.73. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on KSS shares. Evercore ISI cut their price target on Kohl’s from $22.00 to $20.00 and set an “in-line” rating for the company in a report on Thursday, August 29th. TD Cowen lowered Kohl’s from a “buy” rating to a “hold” rating and decreased their target price for the stock from $25.00 to $21.00 in a research report on Friday, August 30th. Robert W. Baird decreased their target price on Kohl’s from $27.00 to $25.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Morgan Stanley lowered Kohl’s to an “underweight” rating and decreased their price objective for the company from $18.00 to $17.00 in a research report on Tuesday, August 27th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 price objective on shares of Kohl’s in a research report on Wednesday, August 28th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $21.29.

About Kohl’s

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.