Tempur Sealy International Inc (TPX) : Md Sass Investors Services Inc scooped up 216,890 additional shares in Tempur Sealy International Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 939,074 shares of Tempur Sealy International Inc which is valued at $73,557,666.Tempur Sealy International Inc makes up approximately 3.75% of Md Sass Investors Services Inc’s portfolio.
Other Hedge Funds, Including , Quadrature Capital Ltd sold out all of its stake in TPX during the most recent quarter. The investment firm sold 37,308 shares of TPX which is valued $2,922,336.Sheaff Brock Investment Advisors reduced its stake in TPX by selling 2,000 shares or 18.18% in the most recent quarter. The Hedge Fund company now holds 9,000 shares of TPX which is valued at $695,880. Tempur Sealy International Inc makes up approx 0.08% of Sheaff Brock Investment Advisors’s portfolio.Great West Life Assurance Co Can boosted its stake in TPX in the latest quarter, The investment management firm added 29,192 additional shares and now holds a total of 51,102 shares of Tempur Sealy International Inc which is valued at $3,902,660. Tempur Sealy International Inc makes up approx 0.01% of Great West Life Assurance Co Can’s portfolio.Spot Trading L.l.c reduced its stake in TPX by selling 1,439 shares or 19.75% in the most recent quarter. The Hedge Fund company now holds 5,847 shares of TPX which is valued at $446,535. Tempur Sealy International Inc makes up approx 0.06% of Spot Trading L.l.c’s portfolio.
Tempur Sealy International Inc opened for trading at $80.04 and hit $80.78 on the upside on Tuesday, eventually ending the session at $80.25, with a gain of 1.16% or 0.92 points. The heightened volatility saw the trading volume jump to 6,56,669 shares. Company has a market cap of $4,688 M.
On the company’s financial health, Tempur Sealy International Inc reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.69. The company had revenue of $804.40 million for the quarter, compared to analysts expectations of $785.37 million. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
Many Wall Street Analysts have commented on Tempur Sealy International Inc. Company shares were Reiterated by Stifel on Jul 29, 2016 to “Buy”, Firm has raised the Price Target to $ 80 from a previous price target of $67 .Topeka Capital Markets Initiated Tempur Sealy International Inc on May 24, 2016 to “Hold”, Price Target of the shares are set at $61.
Tempur Sealy International Inc. is a bedding provider. The Company develops manufactures markets and distributes bedding products which it sells globally in approximately 100 countries. The Company operates in three segments: Tempur North America Tempur International and Sealy. The Company’s brand portfolio includes TEMPUR Tempur-Pedic Sealy Sealy Posturepedic Optimum and Stearns & Foster. The Company sells its products through three distribution channels in each operating business segment: Retail which consists of furniture and bedding retailers department stores specialty retailers and warehouse clubs; Direct which consists of electronic commerce (e-commerce) platform Company-owned stores and call center and Other which includes third party distributors hospitality and healthcare customers.