Tempur Sealy International, Inc. (NYSE:TPX) Position Trimmed by Simon Quick Advisors LLC

Simon Quick Advisors LLC lessened its holdings in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 14.0% during the 4th quarter, HoldingsChannel reports. The fund owned 18,930 shares of the company’s stock after selling 3,091 shares during the period. Simon Quick Advisors LLC’s holdings in Tempur Sealy International were worth $1,073,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Coldstream Capital Management Inc. lifted its holdings in Tempur Sealy International by 3.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 6,488 shares of the company’s stock worth $354,000 after purchasing an additional 194 shares during the last quarter. UMB Bank n.a. lifted its holdings in Tempur Sealy International by 72.0% in the 4th quarter. UMB Bank n.a. now owns 805 shares of the company’s stock worth $46,000 after purchasing an additional 337 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Tempur Sealy International by 7.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,055 shares of the company’s stock worth $276,000 after purchasing an additional 345 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Tempur Sealy International by 38.1% during the third quarter. Farther Finance Advisors LLC now owns 1,509 shares of the company’s stock worth $82,000 after buying an additional 416 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Tempur Sealy International by 365.2% during the fourth quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock worth $35,000 after buying an additional 482 shares during the last quarter. Hedge funds and other institutional investors own 99.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TPX shares. Wedbush upped their price target on Tempur Sealy International from $49.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Truist Financial upped their price target on Tempur Sealy International from $58.00 to $63.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Raymond James cut their price target on Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating for the company in a report on Friday, November 1st. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $61.50.

Tempur Sealy International Stock Performance

Shares of NYSE TPX opened at $61.18 on Wednesday. The business has a fifty day simple moving average of $56.03 and a 200 day simple moving average of $52.80. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95. The firm has a market capitalization of $10.62 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 1.91 and a beta of 1.63. Tempur Sealy International, Inc. has a one year low of $45.04 and a one year high of $61.28.

Tempur Sealy International (NYSE:TPX) last issued its earnings results on Thursday, November 7th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.01. Tempur Sealy International had a return on equity of 108.66% and a net margin of 7.96%. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the company posted $0.77 earnings per share. Tempur Sealy International’s revenue was up 1.8% on a year-over-year basis. Sell-side analysts expect that Tempur Sealy International, Inc. will post 2.52 EPS for the current year.

Tempur Sealy International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date was Thursday, November 21st. Tempur Sealy International’s dividend payout ratio (DPR) is 23.74%.

About Tempur Sealy International

Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.