Steward Partners Investment Advisory LLC acquired a new stake in shares of Tempur Sealy International Inc (NYSE:TPX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,750 shares of the company’s stock, valued at approximately $201,000.

Several other large investors also recently made changes to their positions in TPX. Penserra Capital Management LLC purchased a new stake in shares of Tempur Sealy International during the first quarter worth about $28,000. Shine Investment Advisory Services Inc. boosted its holdings in shares of Tempur Sealy International by 26.6% during the second quarter. Shine Investment Advisory Services Inc. now owns 913 shares of the company’s stock worth $67,000 after purchasing an additional 192 shares during the period. NEXT Financial Group Inc boosted its holdings in shares of Tempur Sealy International by 1,356.1% during the second quarter. NEXT Financial Group Inc now owns 961 shares of the company’s stock worth $71,000 after purchasing an additional 895 shares during the period. Leavell Investment Management Inc. purchased a new stake in shares of Tempur Sealy International during the second quarter worth about $220,000. Finally, Sheaff Brock Investment Advisors LLC purchased a new stake in shares of Tempur Sealy International during the first quarter worth about $202,000.

Shares of TPX opened at $79.32 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.21 and a debt-to-equity ratio of 5.79. Tempur Sealy International Inc has a one year low of $38.90 and a one year high of $81.85. The business has a 50-day moving average of $76.95. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 1.52 and a beta of 1.67.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.79 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.11. Tempur Sealy International had a net margin of 4.42% and a return on equity of 72.95%. The business had revenue of $722.80 million during the quarter, compared to analyst estimates of $723.28 million. During the same period last year, the business posted $0.52 earnings per share. Tempur Sealy International’s quarterly revenue was up 9.5% compared to the same quarter last year. Analysts anticipate that Tempur Sealy International Inc will post 3.49 earnings per share for the current fiscal year.

In other Tempur Sealy International news, Director Evelyn S. Dilsaver sold 397 shares of the firm’s stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $77.32, for a total value of $30,696.04. Following the completion of the sale, the director now directly owns 24,666 shares in the company, valued at $1,907,175.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Evelyn S. Dilsaver sold 464 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $62.31, for a total transaction of $28,911.84. Following the completion of the sale, the director now owns 22,410 shares of the company’s stock, valued at $1,396,367.10. The disclosure for this sale can be found here. Insiders sold 67,495 shares of company stock valued at $5,224,839 over the last 90 days. 3.23% of the stock is currently owned by company insiders.

TPX has been the subject of a number of analyst reports. UBS Group set a $85.00 target price on shares of Tempur Sealy International and gave the stock a “hold” rating in a report on Friday, July 26th. TheStreet upgraded shares of Tempur Sealy International from a “c+” rating to a “b” rating in a report on Tuesday, June 4th. SunTrust Banks increased their target price on shares of Tempur Sealy International to $78.00 and gave the stock a “hold” rating in a report on Friday, July 26th. KeyCorp increased their target price on shares of Tempur Sealy International from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. Finally, Piper Jaffray Companies set a $92.00 target price on shares of Tempur Sealy International and gave the stock a “buy” rating in a report on Friday, July 26th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Tempur Sealy International currently has a consensus rating of “Buy” and an average price target of $83.10.

About Tempur Sealy International

Tempur Sealy International, Inc develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S.

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Institutional Ownership by Quarter for Tempur Sealy International (NYSE:TPX)

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