Eidelman Virant Capital Has $169,000 Position in Tempur Sealy International Inc (TPX)

Eidelman Virant Capital reduced its holdings in Tempur Sealy International Inc (NYSE:TPX) by 68.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,200 shares of the company’s stock after selling 6,800 shares during the quarter. Eidelman Virant Capital’s holdings in Tempur Sealy International were worth $169,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Northern Trust Corp grew its position in Tempur Sealy International by 0.9% during the first quarter. Northern Trust Corp now owns 377,585 shares of the company’s stock valued at $17,101,000 after acquiring an additional 3,552 shares during the period. BlackRock Inc. boosted its position in shares of Tempur Sealy International by 2.8% in the first quarter. BlackRock Inc. now owns 3,826,535 shares of the company’s stock worth $173,304,000 after buying an additional 103,664 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Tempur Sealy International by 10.5% in the first quarter. Dimensional Fund Advisors LP now owns 783,537 shares of the company’s stock worth $35,486,000 after buying an additional 74,467 shares during the period. OppenheimerFunds Inc. boosted its position in shares of Tempur Sealy International by 29.7% in the first quarter. OppenheimerFunds Inc. now owns 17,207 shares of the company’s stock worth $779,000 after buying an additional 3,943 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Tempur Sealy International by 2.8% in the first quarter. Principal Financial Group Inc. now owns 202,940 shares of the company’s stock worth $9,191,000 after buying an additional 5,479 shares during the period.

NYSE:TPX opened at $49.10 on Thursday. The company has a debt-to-equity ratio of 10.80, a quick ratio of 0.79 and a current ratio of 1.18. Tempur Sealy International Inc has a one year low of $41.10 and a one year high of $68.05. The stock has a market capitalization of $2.88 billion, a P/E ratio of 15.34, a price-to-earnings-growth ratio of 0.83 and a beta of 1.56.

Tempur Sealy International (NYSE:TPX) last released its quarterly earnings results on Thursday, July 26th. The company reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.11). Tempur Sealy International had a return on equity of 120.57% and a net margin of 5.21%. The business had revenue of $669.70 million during the quarter, compared to analyst estimates of $691.93 million. During the same quarter last year, the firm posted $0.45 EPS. The company’s revenue was up 1.6% compared to the same quarter last year. As a group, equities research analysts predict that Tempur Sealy International Inc will post 3.2 earnings per share for the current year.

Several equities research analysts have recently weighed in on TPX shares. Wedbush set a $65.00 target price on Tempur Sealy International and gave the stock a “buy” rating in a research report on Wednesday, October 3rd. Bank of America decreased their target price on Tempur Sealy International from $85.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, July 27th. Zacks Investment Research raised Tempur Sealy International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 31st. ValuEngine raised Tempur Sealy International from a “sell” rating to a “hold” rating in a research report on Wednesday, August 22nd. Finally, UBS Group raised Tempur Sealy International from a “sell” rating to a “neutral” rating and upped their target price for the stock from $45.00 to $55.00 in a research report on Wednesday, October 3rd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. Tempur Sealy International presently has a consensus rating of “Hold” and a consensus target price of $58.13.

Tempur Sealy International 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.

Featured Article: Book Value Per Share – BVPS

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

Receive News & Ratings for Tempur Sealy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tempur Sealy International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply