Entropy Technologies LP Has $1.37 Million Holdings in Kohl's Co. (NYSE:KSS)

Entropy Technologies LP boosted its holdings in Kohl's Co. (NYSE:KSS - Free Report) by 511.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,691 shares of the company's stock after purchasing an additional 54,103 shares during the period. Entropy Technologies LP owned about 0.06% of Kohl's worth $1,365,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of KSS. Security National Bank acquired a new stake in Kohl's during the second quarter valued at approximately $34,000. Farther Finance Advisors LLC lifted its position in shares of Kohl's by 117.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company's stock worth $40,000 after buying an additional 1,034 shares during the last quarter. CWM LLC boosted its holdings in shares of Kohl's by 97.1% in the 2nd 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 period. Abich Financial Wealth Management LLC acquired a new stake in Kohl's during the second quarter worth about $49,000. Finally, Summit Securities Group LLC lifted its holdings in Kohl's by 50.0% in the second quarter. Summit Securities Group LLC now owns 2,400 shares of the company's stock worth $55,000 after acquiring an additional 800 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company's stock.

Insiders Place Their Bets

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of the company's stock in a transaction dated 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 owns 136,799 shares in the company, valued at $2,636,116.73. This represents a 10.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.86% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Morgan Stanley lowered Kohl's to an "underweight" rating and lowered their target price for the company from $18.00 to $17.00 in a report on Tuesday, August 27th. TD Cowen lowered Kohl's from a "buy" rating to a "hold" rating and dropped their target price for the stock from $25.00 to $21.00 in a research report on Friday, August 30th. Evercore ISI lowered their price target on shares of Kohl's from $22.00 to $20.00 and set an "in-line" rating for the company in a research report on Thursday, August 29th. Robert W. Baird cut their price objective on shares of Kohl's from $27.00 to $25.00 and set an "outperform" rating on the stock in a research report on Thursday, August 29th. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $23.00 target price 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 issued a buy rating to the company's stock. According to data from MarketBeat.com, Kohl's presently has an average rating of "Hold" and an average target price of $21.29.

Kohl's Price Performance

Shares of KSS traded up $0.53 during mid-day trading on Thursday, hitting $18.62. The company's stock had a trading volume of 4,764,671 shares, compared to its average volume of 6,006,635. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.08 and a quick ratio of 0.16. The firm has a 50-day moving average price of $19.30 and a 200 day moving average price of $21.23. Kohl's Co. has a fifty-two week low of $17.41 and a fifty-two week high of $29.60. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 7.18, a PEG ratio of 1.26 and a beta of 1.94.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.13. The company had revenue of $3.53 billion for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.52 earnings per share. On average, research analysts predict that Kohl's Co. will post 1.81 EPS for the current fiscal year.

Kohl's Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 10.74%. The ex-dividend date of this dividend is Wednesday, December 11th. Kohl's's dividend payout ratio is presently 78.43%.

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.