Tempur Sealy International Inc (TPX) : Claar Advisors added new position in Tempur Sealy International Inc during the most recent quarter end. The investment management firm now holds 247,222 shares of Tempur Sealy International Inc which is valued at $19,364,899 , the company said in a statement filed on Aug 15, 2016 with the SEC.Tempur Sealy International Inc makes up approximately 9.45% of Claar Advisors’s portfolio.
Other Hedge Funds, Including , D. E. Shaw reduced its stake in TPX by selling 40,480 shares or 32.15% in the most recent quarter. The Hedge Fund company now holds 85,446 shares of TPX which is valued at $6,692,985. Tempur Sealy International Inc makes up approx 0.01% of D. E. Shaw’s portfolio.Nuveen Asset Management reduced its stake in TPX by selling 21,971 shares or 47.07% in the most recent quarter. The Hedge Fund company now holds 24,707 shares of TPX which is valued at $1,935,299. Tempur Sealy International Inc makes up approx 0.01% of Nuveen Asset Management’s portfolio.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys boosted its stake in TPX in the latest quarter, The investment management firm added 567 additional shares and now holds a total of 11,726 shares of Tempur Sealy International Inc which is valued at $918,498. Tempur Sealy International Inc makes up approx 0.02% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in TPX in the latest quarter, The investment management firm added 8,384 additional shares and now holds a total of 1,781,864 shares of Tempur Sealy International Inc which is valued at $139,573,407. Tempur Sealy International Inc makes up approx 0.02% of Blackrock Institutional Trust Company N.a.’s portfolio.Barrow Hanley Mewhinney Strauss reduced its stake in TPX by selling 465,704 shares or 31.51% in the most recent quarter. The Hedge Fund company now holds 1,012,443 shares of TPX which is valued at $79,527,398. Tempur Sealy International Inc makes up approx 0.12% of Barrow Hanley Mewhinney Strauss’s portfolio.
Tempur Sealy International Inc closed down -0.27 points or -0.34% at $78.15 with 6,23,258 shares getting traded on Thursday. Post opening the session at $78.51, the shares hit an intraday low of $77.62 and an intraday high of $79 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.