Seelaus Asset Management LLC Has $288,000 Holdings in Tempur Sealy International, Inc. (NYSE:TPX)

Seelaus Asset Management LLC cut its holdings in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 27.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,075 shares of the company’s stock after selling 1,925 shares during the quarter. Seelaus Asset Management LLC’s holdings in Tempur Sealy International were worth $288,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. FMR LLC boosted its position in Tempur Sealy International by 2.0% during the 3rd quarter. FMR LLC now owns 8,678,359 shares of the company’s stock worth $473,838,000 after acquiring an additional 169,848 shares during the period. State Street Corp boosted its position in Tempur Sealy International by 0.6% during the 3rd quarter. State Street Corp now owns 5,025,440 shares of the company’s stock worth $274,389,000 after acquiring an additional 28,991 shares during the period. Linonia Partnership LP boosted its position in Tempur Sealy International by 9.2% during the 3rd quarter. Linonia Partnership LP now owns 4,095,179 shares of the company’s stock worth $223,597,000 after acquiring an additional 345,745 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Tempur Sealy International by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,959,570 shares of the company’s stock valued at $161,634,000 after buying an additional 57,138 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Tempur Sealy International during the 3rd quarter valued at about $73,981,000. 99.86% of the stock is currently owned by institutional investors and hedge funds.

Tempur Sealy International Stock Down 1.3 %

Shares of TPX stock opened at $64.44 on Friday. The stock’s 50 day simple moving average is $58.08 and its 200 day simple moving average is $53.95. The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. Tempur Sealy International, Inc. has a twelve month low of $45.04 and a twelve month high of $68.53. The company has a market capitalization of $11.19 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 2.07 and a beta of 1.64.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TPX shares. UBS Group lifted their price target on Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a report on Monday, February 3rd. KeyCorp lifted their price target on Tempur Sealy International from $70.00 to $74.00 and gave the company an “overweight” rating in a report on Friday. Piper Sandler lifted their price target on Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. William Blair upgraded Tempur Sealy International from a “market perform” rating to an “outperform” rating in a report on Wednesday. Finally, Truist Financial lifted their price target on Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Eight research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Tempur Sealy International has an average rating of “Buy” and a consensus price target of $71.75.

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.