Flinton Capital Management LLC lifted its stake in Tempur Sealy International Inc (NYSE:TPX) by 33.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,358 shares of the company’s stock after purchasing an additional 1,598 shares during the period. Flinton Capital Management LLC’s holdings in Tempur Sealy International were worth $399,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of TPX. Captrust Financial Advisors bought a new position in shares of Tempur Sealy International in the fourth quarter worth about $122,000. Capital Guardian Trust Co. bought a new position in shares of Tempur Sealy International in the third quarter worth about $132,000. Amundi Pioneer Asset Management Inc. bought a new position in shares of Tempur Sealy International in the fourth quarter worth about $167,000. State of Alaska Department of Revenue bought a new position in shares of Tempur Sealy International in the fourth quarter worth about $218,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Tempur Sealy International in the third quarter worth about $219,000.
A number of research firms have recently commented on TPX. Stifel Nicolaus restated a “buy” rating and issued a $65.00 price target (down from $68.00) on shares of Tempur Sealy International in a report on Thursday, March 15th. Zacks Investment Research lowered shares of Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Tuesday, March 13th. Piper Jaffray Companies lowered their price objective on shares of Tempur Sealy International from $75.00 to $66.00 and set an “overweight” rating for the company in a research note on Monday, March 12th. Loop Capital began coverage on shares of Tempur Sealy International in a research note on Thursday, March 1st. They issued a “hold” rating and a $49.00 price objective for the company. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $51.00 price objective on shares of Tempur Sealy International in a research note on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $60.89.
Shares of Tempur Sealy International stock opened at $46.01 on Thursday. Tempur Sealy International Inc has a one year low of $39.57 and a one year high of $68.05. The firm has a market cap of $2,500.03, a PE ratio of 16.49, a P/E/G ratio of 0.57 and a beta of 1.40. The company has a quick ratio of 0.74, a current ratio of 1.05 and a debt-to-equity ratio of 14.94.
Tempur Sealy International (NYSE:TPX) last released its quarterly earnings data on Thursday, February 22nd. The company reported $0.79 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.03). Tempur Sealy International had a return on equity of 348.78% and a net margin of 5.54%. The business had revenue of $648.20 million during the quarter, compared to analysts’ expectations of $679.41 million. During the same period last year, the company earned $1.18 earnings per share. The firm’s revenue was down 15.9% compared to the same quarter last year. analysts anticipate that Tempur Sealy International Inc will post 3.7 EPS for the current year.
Tempur Sealy International Profile
Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.
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