Tempur Sealy International Inc (TPX) Stake Boosted by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd raised its position in Tempur Sealy International Inc (NYSE:TPX) by 322.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 30,272 shares of the company’s stock after acquiring an additional 23,114 shares during the period. Dynamic Technology Lab Private Ltd owned about 0.06% of Tempur Sealy International worth $1,601,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors lifted its stake in Tempur Sealy International by 111.1% in the 2nd quarter. Captrust Financial Advisors now owns 2,880 shares of the company’s stock valued at $138,000 after acquiring an additional 1,516 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in Tempur Sealy International in the 2nd quarter valued at approximately $174,000. Sheaff Brock Investment Advisors LLC bought a new stake in Tempur Sealy International in the 3rd quarter valued at approximately $206,000. Lourd Capital LLC bought a new stake in Tempur Sealy International in the 3rd quarter valued at approximately $215,000. Finally, First Hawaiian Bank bought a new stake in Tempur Sealy International in the 3rd quarter valued at approximately $218,000.

Several research firms have commented on TPX. ValuEngine upgraded Tempur Sealy International from a “sell” rating to a “hold” rating in a research note on Monday, November 26th. Wedbush set a $65.00 target price on Tempur Sealy International and gave the company a “buy” rating in a research note on Monday, August 20th. Zacks Investment Research cut Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Wednesday, October 24th. Guggenheim restated a “hold” rating on shares of Tempur Sealy International in a research note on Thursday, November 1st. Finally, UBS Group upgraded Tempur Sealy International from a “sell” rating to a “neutral” rating and boosted their target price for the company from $45.00 to $55.00 in a research note on Wednesday, October 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. Tempur Sealy International has an average rating of “Hold” and a consensus target price of $58.13.

NYSE:TPX opened at $49.91 on Friday. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 15.60, a P/E/G ratio of 0.93 and a beta of 1.62. Tempur Sealy International Inc has a twelve month low of $41.10 and a twelve month high of $65.73. The company has a current ratio of 1.20, a quick ratio of 0.90 and a debt-to-equity ratio of 7.71.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings results on Thursday, November 1st. The company reported $1.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.18 by ($0.16). The company had revenue of $729.50 million for the quarter, compared to analyst estimates of $744.03 million. Tempur Sealy International had a return on equity of 97.08% and a net margin of 5.12%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $1.01 EPS. Research analysts forecast that Tempur Sealy International Inc will post 2.95 EPS for the current fiscal year.

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Tempur Sealy International Company Profile

Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products. The company operates through two segments, North America and International. It provides mattresses, foundations, and adjustable bases, as well as other products comprising pillows and other accessories under the TEMPUR, Tempur-Pedic, Sealy, and Stearns & Foster brands.

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Institutional Ownership by Quarter for Tempur Sealy International (NYSE:TPX)

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