Apertura Capital adds Tempur Sealy International Inc (TPX) to its portfolio

Tempur Sealy International Inc (TPX) : Apertura Capital added new position in Tempur Sealy International Inc during the most recent quarter end. The investment management firm now holds 50,000 shares of Tempur Sealy International Inc which is valued at $3,927,500 , the company said in a statement filed on Aug 9, 2016 with the SEC.Tempur Sealy International Inc makes up approximately 5.69% of Apertura Capital’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp reduced its stake in TPX by selling 5,144 shares or 0.8% in the most recent quarter. The Hedge Fund company now holds 634,281 shares of TPX which is valued at $49,955,972. Tempur Sealy International Inc makes up approx 0.03% of Dimensional Fund Advisors Lp’s portfolio.Advisors Asset Management reduced its stake in TPX by selling 488 shares or 3.66% in the most recent quarter. The Hedge Fund company now holds 12,853 shares of TPX which is valued at $1,009,603. Tempur Sealy International Inc makes up approx 0.02% of Advisors Asset Management’s portfolio.Bnp Paribas Investment Partners S.a. reduced its stake in TPX by selling 10,037 shares or 11.06% in the most recent quarter. The Hedge Fund company now holds 80,679 shares of TPX which is valued at $6,337,335. Tempur Sealy International Inc makes up approx 0.05% of Bnp Paribas Investment Partners S.a.’s portfolio. Howard Hughes Medical Institute added TPX to its portfolio by purchasing 10,123 company shares during the most recent quarter which is valued at $773,094. Tempur Sealy International Inc makes up approx 0.25% of Howard Hughes Medical Institute’s portfolio.Verde Servicos Internacionais S.a. boosted its stake in TPX in the latest quarter, The investment management firm added 54,656 additional shares and now holds a total of 786,068 shares of Tempur Sealy International Inc which is valued at $47,423,482. Tempur Sealy International Inc makes up approx 3.95% of Verde Servicos Internacionais S.a.’s portfolio.

Tempur Sealy International Inc closed down -0.19 points or -0.24% at $79.07 with 8,01,943 shares getting traded on Wednesday. Post opening the session at $78.89, the shares hit an intraday low of $78.44 and an intraday high of $79.5 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Tempur Sealy International Inc reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.69. The company had revenue of $804.40 million for the quarter, compared to analysts expectations of $785.37 million. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Many Wall Street Analysts have commented on Tempur Sealy International Inc. Company shares were Reiterated by Stifel on Jul 29, 2016 to “Buy”, Firm has raised the Price Target to $ 80 from a previous price target of $67 .Topeka Capital Markets Initiated Tempur Sealy International Inc on May 24, 2016 to “Hold”, Price Target of the shares are set at $61.

Tempur Sealy International Inc. is a bedding provider. The Company develops manufactures markets and distributes bedding products which it sells globally in approximately 100 countries. The Company operates in three segments: Tempur North America Tempur International and Sealy. The Company’s brand portfolio includes TEMPUR Tempur-Pedic Sealy Sealy Posturepedic Optimum and Stearns & Foster. The Company sells its products through three distribution channels in each operating business segment: Retail which consists of furniture and bedding retailers department stores specialty retailers and warehouse clubs; Direct which consists of electronic commerce (e-commerce) platform Company-owned stores and call center and Other which includes third party distributors hospitality and healthcare customers.

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