Entropy Technologies LP Raises Stock Holdings in Kohl's Co. (NYSE:KSS)

Entropy Technologies LP raised its stake in shares of Kohl's Co. (NYSE:KSS - Free Report) by 112.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,223 shares of the company's stock after purchasing an additional 72,532 shares during the period. Entropy Technologies LP owned 0.12% of Kohl's worth $1,927,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Empowered Funds LLC raised its position in Kohl's by 15.3% during the fourth quarter. Empowered Funds LLC now owns 451,510 shares of the company's stock valued at $6,339,000 after purchasing an additional 59,979 shares during the period. Kingsview Wealth Management LLC purchased a new stake in Kohl's during the fourth quarter valued at approximately $516,000. Yousif Capital Management LLC raised its position in Kohl's by 4.2% during the fourth quarter. Yousif Capital Management LLC now owns 57,307 shares of the company's stock valued at $805,000 after purchasing an additional 2,287 shares during the period. EMC Capital Management raised its holdings in shares of Kohl's by 61.8% in the fourth quarter. EMC Capital Management now owns 7,891 shares of the company's stock worth $111,000 after buying an additional 3,014 shares during the period. Finally, KBC Group NV raised its holdings in shares of Kohl's by 58.5% in the fourth quarter. KBC Group NV now owns 5,347 shares of the company's stock worth $75,000 after buying an additional 1,974 shares during the period. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl's Stock Up 2.0 %

NYSE KSS traded up $0.24 during midday trading on Thursday, hitting $11.86. 7,244,668 shares of the company traded hands, compared to its average volume of 7,213,218. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. The company has a market cap of $1.32 billion, a PE ratio of 5.34 and a beta of 1.85. The company's 50-day simple moving average is $13.67 and its 200-day simple moving average is $17.15. Kohl's Co. has a 52 week low of $11.53 and a 52 week high of $29.60.

Kohl's (NYSE:KSS - Get Free Report) last announced its earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.08). The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.64 billion. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The firm's revenue was down 8.5% compared to the same quarter last year. During the same period last year, the business posted $0.53 EPS. As a group, equities research analysts forecast that Kohl's Co. will post 1.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

KSS has been the topic of several recent analyst reports. Guggenheim downgraded Kohl's from a "buy" rating to a "neutral" rating in a report on Monday, December 2nd. TD Cowen reduced their price target on Kohl's from $20.00 to $16.00 and set a "hold" rating on the stock in a report on Wednesday, November 27th. Telsey Advisory Group reduced their price target on Kohl's from $23.00 to $17.00 and set a "market perform" rating on the stock in a report on Wednesday, November 27th. Robert W. Baird cut Kohl's from an "outperform" rating to a "neutral" rating and dropped their price objective for the stock from $25.00 to $18.00 in a research note on Wednesday, November 27th. Finally, Baird R W cut Kohl's from a "strong-buy" rating to a "hold" rating in a research note 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 MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $16.70.

Insider Transactions at Kohl's

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the firm's stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the completion of the sale, the executive vice president now owns 133,091 shares of the company's stock, valued at $1,869,928.55. This trade represents a 2.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.86% of the company's stock.

Kohl's Company 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.