Market Runner: Tempur Sealy International Inc (NYSE:TPX) Institutional Investors Q2 2016 Sentiment

December 1, 2016 - By Dolores Ford   ·   0 Comments

Market Runner: Tempur Sealy International Inc (NYSE:TPX) Institutional Investors  Q2 2016 Sentiment

Sentiment for Tempur Sealy International Inc (NYSE:TPX)

Tempur Sealy International Inc (NYSE:TPX) institutional sentiment decreased to 0.59 in Q2 2016. Its down -0.42, from 1.01 in 2016Q1. The ratio worsened, as 118 funds increased or started new stock positions, while 117 cut down and sold their holdings in Tempur Sealy International Inc. The funds in our partner’s database now own: 71.02 million shares, up from 65.48 million shares in 2016Q1. Also, the number of funds holding Tempur Sealy International Inc in their top 10 stock positions increased from 9 to 13 for an increase of 4. Sold All: 43 Reduced: 74 Increased: 86 New Position: 32.

Tempur Sealy International, Inc. is a bedding provider. The company has a market cap of $3.69 billion. The Firm develops, makes, markets and distributes bedding products. It has a 30.03 P/E ratio. It operates in two divisions: North America, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada, and International, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America.

About 287,525 shares traded hands. Tempur Sealy International Inc (NYSE:TPX) has risen 8.24% since April 28, 2016 and is uptrending. It has outperformed by 2.32% the S&P500.

Analysts await Tempur Sealy International Inc (NYSE:TPX) to report earnings on February, 2. They expect $1.04 earnings per share, up 5.05% or $0.05 from last year’s $0.99 per share. TPX’s profit will be $60.11M for 15.35 P/E if the $1.04 EPS becomes a reality. After $1.32 actual earnings per share reported by Tempur Sealy International Inc for the previous quarter, Wall Street now forecasts -21.21% negative EPS growth.

According to Zacks Investment Research, “Tempur Sealy International, Inc. is involved in the development, manufacturing and marketing of bedding products primarily in North America and internationally. It provides mattresses, adjustable bases, pillows and other sleep and relaxation products. The company’s brand portfolio includes Tempur(R), Tempur-Pedic(R), Sealy(R), Sealy Posturepedic(R), Optimum(TM) and Stearns & Foster(R). Tempur Sealy International, Inc., formerly known as Tempur-Pedic International Inc., is headquartered in Lexington, Kentucky.”

H Partners Management Llc holds 30.39% of its portfolio in Tempur Sealy International Inc for 7.00 million shares. Dynamo Internacional Gestao De Recursos Ltda. owns 2.49 million shares or 26.37% of their US portfolio. Moreover, Echinus Advisors Llc has 19.24% invested in the company for 962,412 shares. The New York-based Chieftain Capital Management Inc. has invested 10.81% in the stock. Moon Capital Management Lp, a New York-based fund reported 388,400 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 insider buy, and 3 insider sales for $7.79 million net activity.

Tempur Sealy International Inc (NYSE:TPX) Ratings Coverage

Ratings analysis reveals 50% of Tempur Sealy International Inc’s analysts are positive. Out of 8 Wall Street analysts rating Tempur Sealy International Inc, 4 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $60 while the high is $90. The stock’s average target of $71.63 is 12.20% above today’s ($63.84) share price. TPX was included in 17 notes of analysts from August 3, 2015. UBS initiated Tempur Sealy International Inc (NYSE:TPX) rating on Thursday, September 29. UBS has “Neutral” rating and $60 price target. Raymond James maintained Tempur Sealy International Inc (NYSE:TPX) on Wednesday, September 28 with “Outperform” rating. On Wednesday, September 28 the stock rating was downgraded by Longbow to “Neutral”. William Blair maintained Tempur Sealy International Inc (NYSE:TPX) on Thursday, September 17 with “Hold” rating. Longbow initiated the shares of TPX in a report on Tuesday, March 15 with “Buy” rating. The firm has “Outperform” rating given on Friday, April 29 by Raymond James. The stock of Tempur Sealy International Inc (NYSE:TPX) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, October 6. The stock of Tempur Sealy International Inc (NYSE:TPX) earned “Overweight” rating by Piper Jaffray on Monday, July 27. The stock of Tempur Sealy International Inc (NYSE:TPX) has “Overweight” rating given on Wednesday, September 28 by KeyBanc Capital Markets. The firm has “Buy” rating given on Friday, July 29 by Stifel Nicolaus.

TPX Company Profile

Tempur Sealy International, Inc., incorporated on September 17, 2002, is a bedding provider. The Firm develops, makes, markets and distributes bedding products. The Firm operates in two divisions: North America and International. The Company’s brand portfolio includes TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster. The Firm sells its products through approximately two distribution channels in each segment: retail (furniture and bedding retailers, department stores, specialty retailers and warehouse clubs), and other (direct-to-consumer through e-commerce platforms, company-owned stores and call centers, third-party distributors, hospitality and healthcare customers).

More news for Tempur Sealy International Inc (NYSE:TPX) were recently published by: Fool.com, which released: “Why Tempur Sealy International Inc Stock Jumped Today” on October 27, 2016. Marketwatch.com‘s article titled: “Tempur Sealy shares fall as 2016 outlook cut” and published on September 27, 2016 is yet another important article.

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By Dolores Ford

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