21,672 Shares in Tempur Sealy International, Inc. (NYSE:TPX) Purchased by FORA Capital LLC

FORA Capital LLC acquired a new position in shares of Tempur Sealy International, Inc. (NYSE:TPX - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,672 shares of the company's stock, valued at approximately $1,183,000.

Several other institutional investors also recently modified their holdings of TPX. Vista Investment Partners LLC lifted its stake in Tempur Sealy International by 72.1% during the second quarter. Vista Investment Partners LLC now owns 63,288 shares of the company's stock worth $2,996,000 after purchasing an additional 26,512 shares during the last quarter. Tidal Investments LLC bought a new stake in Tempur Sealy International in the 1st quarter worth approximately $1,119,000. Qsemble Capital Management LP purchased a new stake in Tempur Sealy International in the third quarter worth approximately $867,000. Rhumbline Advisers grew its position in Tempur Sealy International by 5.7% during the second quarter. Rhumbline Advisers now owns 496,639 shares of the company's stock valued at $23,511,000 after acquiring an additional 26,994 shares during the last quarter. Finally, Forest Avenue Capital Management LP raised its stake in shares of Tempur Sealy International by 52.2% during the second quarter. Forest Avenue Capital Management LP now owns 857,722 shares of the company's stock worth $40,605,000 after acquiring an additional 294,222 shares in the last quarter. 99.86% of the stock is currently owned by institutional investors.

Tempur Sealy International Trading Down 0.4 %

Shares of TPX stock traded down $0.22 during mid-day trading on Thursday, reaching $55.81. The stock had a trading volume of 1,259,537 shares, compared to its average volume of 1,561,781. The firm has a market capitalization of $9.69 billion, a PE ratio of 25.48, a price-to-earnings-growth ratio of 2.12 and a beta of 1.60. The stock's 50-day moving average price is $52.35 and its two-hundred day moving average price is $50.91. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95. Tempur Sealy International, Inc. has a 52-week low of $38.85 and a 52-week high of $58.44.

Tempur Sealy International (NYSE:TPX - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.82 earnings per share (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 analysts' expectations of $1.29 billion. Tempur Sealy International had a return on equity of 108.66% and a net margin of 7.96%. Tempur Sealy International's quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the firm earned $0.77 earnings per share. Equities analysts expect that Tempur Sealy International, Inc. will post 2.51 earnings per share for the current fiscal year.

Tempur Sealy International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 21st will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.93%. Tempur Sealy International's dividend payout ratio is presently 23.74%.

Analyst Ratings Changes

TPX has been the topic of a number of analyst reports. Wedbush lifted their target price on shares of Tempur Sealy International from $49.00 to $55.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. Raymond James lowered their target price on Tempur Sealy International from $57.00 to $55.00 and set a "strong-buy" rating for the company in a research note on Friday, November 1st. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $60.67.

Tempur Sealy International Company Profile

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.