5 Stocks That Are Turning Investors’ Heads Today

Mattress Firm Misses Estimates

Mattress Firm Holding Corp (NASDAQ:MFRM) has plunged by more than 16% after reporting a loss of $0.10 per share for the fiscal first quarter ended April 30, worse than analysts’ consensus estimate of a loss of $0.03 per share. Revenue for the quarter came in at $839.4 million, missing the consensus estimate of $869.75 million. For the full 2016 fiscal year, the Houston-based mattress company expects its EPS to be in the range of $2.25-to-$2.35, down from its prior guidance of $2.50-to-$2.60.

As of the end of the first quarter, 18 hedge funds in our system had approximately $459 million worth of stakes in Mattress Firm Holding Corp (NASDAQ:MFRM). David S. Winter and David J. Millstone’s 40 North Management had ownership of more than 3.66 million shares of the company on March 31.

Piper Jaffray Gives ‘Overweight’ Rating to Mobileye NV

Asset Management firm Piper Jaffray has given an ‘Overweight’ rating to Mobileye NV (NYSE:MBLY), along with a price target of $50.00 in its newly-launched coverage of the stock, calling the equity its favorite “Car-of-the-Future” stock. The firm thinks that Mobileye NV (NYSE:MBLY) is a compelling option for investors seeking a defensible story with exposure to the fast-growing market of advanced car safety. Mobileye NV (NYSE:MBLY)’s stock has slipped by 1.15% today. 26 hedge funds that we track had positions in Mobileye NV (NYSE:MBLY) at the end of the first quarter, down from 33 funds at the end of 2015.

SUPERVALU Files Amendment No. 1 for Spinoff

Shares of SUPERVALU INC. (NYSE:SVU) have slipped by more than 1% today after the company filed Amendment No. 1 to its Form-10 registration statement with the U.S. Securities and Exchange Commission regarding the anticipated spin-off of its Save-A-Lot business into a separate, publicly-traded company. The amendment includes recent financial results for the discount grocery store division and its expectations after the spin-off. Conan Laughlin’s North Tide Capital is the biggest of 28 stakeholders of SUPERVALU INC. (NYSE:SVU) from within our database of select, high-performing funds as of March 31. It owned 24.00 million shares of the company at that time.

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