Entropy Technologies LP Buys 72,532 Shares of Kohl’s Co. (NYSE:KSS)

Entropy Technologies LP grew its stake in shares of Kohl’s Co. (NYSE:KSS) by 112.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 137,223 shares of the company’s stock after acquiring an additional 72,532 shares during the quarter. Entropy Technologies LP’s holdings in Kohl’s were worth $1,927,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Brown Brothers Harriman & Co. increased its stake in Kohl’s by 183.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock valued at $30,000 after purchasing an additional 917 shares in the last quarter. Farther Finance Advisors LLC grew 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 buying an additional 1,034 shares during the last quarter. Quest Partners LLC purchased a new stake in shares of Kohl’s during the third quarter valued at approximately $60,000. KBC Group NV increased its position in shares of Kohl’s by 58.5% during the fourth quarter. KBC Group NV now owns 5,347 shares of the company’s stock valued at $75,000 after acquiring 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 valued at $77,000 after acquiring an additional 1,517 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Guggenheim lowered Kohl’s from a “buy” rating to a “neutral” rating in a report on Monday, December 2nd. TD Cowen reduced their price objective on Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a report on Wednesday, November 27th. Robert W. Baird cut shares of Kohl’s from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $25.00 to $18.00 in a research note on Wednesday, November 27th. Citigroup reduced their price target on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Wednesday, November 27th. Finally, Baird R W cut shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Three equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to data from MarketBeat, Kohl’s presently has an average rating of “Hold” and an average price target of $16.70.

Kohl’s Stock Down 5.4 %

Shares of KSS stock opened at $12.08 on Monday. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. Kohl’s Co. has a 12 month low of $12.06 and a 12 month high of $29.60. The stock has a market cap of $1.34 billion, a P/E ratio of 5.44 and a beta of 1.85. The company has a 50 day simple moving average of $13.88 and a two-hundred day simple moving average of $17.33.

Kohl’s (NYSE:KSS) last announced its 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). Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The company had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the business posted $0.53 earnings per share. Kohl’s’s revenue for the quarter was down 8.5% compared to the same quarter last year. On average, research analysts expect that Kohl’s Co. will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

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

Insiders Place Their Bets

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

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.