Capital Insight Partners LLC Acquires 414 Shares of Tempur Sealy International Inc (NYSE:TPX)

Capital Insight Partners LLC lifted its holdings in Tempur Sealy International Inc (NYSE:TPX) by 2.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 17,520 shares of the company’s stock after purchasing an additional 414 shares during the period. Capital Insight Partners LLC’s holdings in Tempur Sealy International were worth $1,010,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Captrust Financial Advisors increased its stake in Tempur Sealy International by 15.0% during the 4th quarter. Captrust Financial Advisors now owns 1,506 shares of the company’s stock valued at $62,000 after purchasing an additional 196 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Tempur Sealy International by 14.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,949 shares of the company’s stock valued at $80,000 after purchasing an additional 248 shares in the last quarter. Retirement Systems of Alabama increased its stake in Tempur Sealy International by 0.4% during the 4th quarter. Retirement Systems of Alabama now owns 59,354 shares of the company’s stock valued at $2,457,000 after purchasing an additional 258 shares in the last quarter. American International Group Inc. increased its stake in Tempur Sealy International by 0.4% during the 4th quarter. American International Group Inc. now owns 93,601 shares of the company’s stock valued at $3,875,000 after purchasing an additional 351 shares in the last quarter. Finally, Arizona State Retirement System increased its stake in shares of Tempur Sealy International by 1.1% in the fourth quarter. Arizona State Retirement System now owns 32,857 shares of the company’s stock worth $1,360,000 after acquiring an additional 356 shares during the period.

Shares of NYSE TPX traded up $0.49 during mid-day trading on Friday, reaching $61.64. The company’s stock had a trading volume of 735,556 shares, compared to its average volume of 960,532. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 20.82, a price-to-earnings-growth ratio of 0.87 and a beta of 1.86. The company has a quick ratio of 0.87, a current ratio of 1.20 and a debt-to-equity ratio of 7.35. Tempur Sealy International Inc has a 1-year low of $38.90 and a 1-year high of $64.90.

Tempur Sealy International (NYSE:TPX) last issued its earnings results on Thursday, February 14th. The company reported $0.90 EPS for the quarter, missing the Zacks’ consensus estimate of $0.97 by ($0.07). Tempur Sealy International had a net margin of 3.69% and a return on equity of 86.53%. The business had revenue of $676.10 million during the quarter, compared to analyst estimates of $659.74 million. During the same quarter last year, the company earned $0.87 earnings per share. Tempur Sealy International’s quarterly revenue was up 7.1% on a year-over-year basis. As a group, equities research analysts expect that Tempur Sealy International Inc will post 3.38 EPS for the current year.

In other Tempur Sealy International news, Director Evelyn S. Dilsaver sold 545 shares of Tempur Sealy International stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $56.10, for a total transaction of $30,574.50. Following the completion of the sale, the director now directly owns 19,803 shares in the company, valued at $1,110,948.30. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert B. Trussell, Jr. sold 11,744 shares of Tempur Sealy International stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $58.08, for a total transaction of $682,091.52. Following the sale, the director now owns 17,260 shares of the company’s stock, valued at $1,002,460.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,759 shares of company stock valued at $741,280. 3.23% of the stock is owned by company insiders.

TPX has been the topic of a number of research reports. Guggenheim upgraded shares of Tempur Sealy International from a “neutral” rating to a “buy” rating in a research note on Monday, January 7th. ValuEngine lowered shares of Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd. Wedbush reissued an “outperform” rating and set a $65.00 price target on shares of Tempur Sealy International in a report on Friday, February 15th. Barclays initiated coverage on shares of Tempur Sealy International in a report on Monday, January 28th. They set an “overweight” rating and a $70.00 price target on the stock. Finally, Zacks Investment Research raised shares of Tempur Sealy International from a “sell” rating to a “hold” rating in a report on Tuesday, February 19th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. Tempur Sealy International presently has a consensus rating of “Hold” and an average price target of $60.87.

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Tempur Sealy International Company Profile

Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products. The company operates through two segments, North America and International. 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, Tempur-Pedic, Sealy, and Stearns & Foster brands.

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

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