Entropy Technologies LP Grows Holdings in Kohl’s Co. (NYSE:KSS)

Entropy Technologies LP raised its stake in Kohl’s Co. (NYSE:KSS) by 112.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 137,223 shares of the company’s stock after buying an additional 72,532 shares during the period. Entropy Technologies LP owned about 0.12% of Kohl’s worth $1,927,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in KSS. Brown Brothers Harriman & Co. increased its stake in Kohl’s by 183.8% in the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock valued at $30,000 after acquiring an additional 917 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Kohl’s by 117.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after purchasing an additional 1,034 shares during the last quarter. Quest Partners LLC bought a new position in shares of Kohl’s during the 3rd quarter valued at about $60,000. KBC Group NV raised its holdings in shares of Kohl’s by 58.5% during the 4th quarter. KBC Group NV now owns 5,347 shares of the company’s stock valued at $75,000 after buying an additional 1,974 shares in the last quarter. Finally, Abich Financial Wealth Management LLC lifted its position in Kohl’s by 70.5% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 3,669 shares of the company’s stock worth $77,000 after buying an additional 1,517 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Trading Down 5.4 %

KSS opened at $12.08 on Monday. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 5.44 and a beta of 1.85. Kohl’s Co. has a one year low of $12.06 and a one year high of $29.60. The business has a 50 day simple moving average of $13.88 and a two-hundred day simple moving average of $17.33. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The business had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The business’s revenue was down 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. Analysts predict that Kohl’s Co. will post 1.3 EPS for the current year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 16.56%. The ex-dividend date of this dividend was Wednesday, December 11th. Kohl’s’s dividend payout ratio is currently 90.09%.

Insider Buying and Selling

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total transaction of $53,769.35. Following the transaction, the executive vice president now owns 133,091 shares in the company, valued at approximately $1,869,928.55. This represents a 2.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.86% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Citigroup decreased their price target on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 27th. Morgan Stanley decreased their target price on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a research report on Monday, November 25th. TD Cowen cut their price target on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, November 27th. Jefferies Financial Group decreased their price objective on Kohl’s from $15.00 to $12.00 and set a “hold” rating on the stock in a report on Tuesday, February 4th. Finally, Guggenheim cut Kohl’s from a “buy” rating to a “neutral” rating in a report on Monday, December 2nd. Three analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. Based on data from MarketBeat.com, Kohl’s currently has a consensus rating of “Hold” and an average target price of $16.70.

Kohl’s Profile

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.