Robertson Opportunity Capital LLC Has $6.79 Million Position in Tempur Sealy International Inc (TPX)

Robertson Opportunity Capital LLC lowered its position in Tempur Sealy International Inc (NYSE:TPX) by 3.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 150,000 shares of the company’s stock after selling 5,700 shares during the period. Tempur Sealy International comprises approximately 4.7% of Robertson Opportunity Capital LLC’s holdings, making the stock its 9th largest position. Robertson Opportunity Capital LLC owned 0.28% of Tempur Sealy International worth $6,794,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Point72 Asset Management L.P. bought a new position in shares of Tempur Sealy International during the 1st quarter valued at about $14,638,000. Guggenheim Capital LLC boosted its holdings in shares of Tempur Sealy International by 31.5% during the 1st quarter. Guggenheim Capital LLC now owns 33,734 shares of the company’s stock valued at $1,529,000 after purchasing an additional 8,073 shares during the last quarter. Clearline Capital LP bought a new position in shares of Tempur Sealy International during the 1st quarter valued at about $765,000. A.R.T. Advisors LLC boosted its holdings in shares of Tempur Sealy International by 152.2% during the 1st quarter. A.R.T. Advisors LLC now owns 61,800 shares of the company’s stock valued at $2,798,000 after purchasing an additional 37,300 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of Tempur Sealy International during the 1st quarter valued at about $1,644,000.

Tempur Sealy International opened at $51.97 on Thursday, MarketBeat.com reports. The company has a debt-to-equity ratio of 11.97, a quick ratio of 0.78 and a current ratio of 1.16. Tempur Sealy International Inc has a 1-year low of $41.10 and a 1-year high of $68.05. The stock has a market capitalization of $2.79 billion, a P/E ratio of 16.24, a PEG ratio of 0.67 and a beta of 1.39.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings data on Thursday, May 3rd. The company reported $0.42 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.04). Tempur Sealy International had a return on equity of 161.62% and a net margin of 5.29%. The firm had revenue of $648.00 million during the quarter, compared to analysts’ expectations of $634.33 million. During the same period last year, the company earned $0.96 earnings per share. The business’s revenue for the quarter was down 10.3% compared to the same quarter last year. sell-side analysts expect that Tempur Sealy International Inc will post 3.45 EPS for the current fiscal year.

Several research analysts have commented on TPX shares. Loop Capital downgraded shares of Tempur Sealy International from a “hold” rating to a “sell” rating and dropped their price objective for the company from $49.00 to $36.00 in a report on Monday, April 16th. Zacks Investment Research upgraded shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $63.00 target price on the stock in a research report on Tuesday, February 20th. Piper Jaffray Companies decreased their target price on shares of Tempur Sealy International from $75.00 to $66.00 and set an “overweight” rating on the stock in a research report on Monday, March 12th. Stifel Nicolaus restated a “buy” rating and set a $65.00 target price (down from $68.00) on shares of Tempur Sealy International in a research report on Thursday, March 15th. Finally, UBS Group restated a “sell” rating and set a $49.00 target price (down from $54.00) on shares of Tempur Sealy International in a research report on Friday, February 23rd. Two research analysts have rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $58.22.

In related news, major shareholder Rehan Jaffer bought 688,800 shares of the company’s stock in a transaction on Wednesday, May 9th. The shares were acquired at an average cost of $44.60 per share, for a total transaction of $30,720,480.00. The purchase was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 2.63% of the company’s stock.

About Tempur Sealy International

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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