iSAM Funds UK Ltd Buys Shares of 10,376 Tempur Sealy International, Inc. (NYSE:TPX)

iSAM Funds UK Ltd bought a new stake in Tempur Sealy International, Inc. (NYSE:TPX - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,376 shares of the company's stock, valued at approximately $567,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. UMB Bank n.a. boosted its stake in shares of Tempur Sealy International by 750.9% in the 3rd quarter. UMB Bank n.a. now owns 468 shares of the company's stock valued at $26,000 after purchasing an additional 413 shares during the last quarter. Brooklyn Investment Group bought a new stake in Tempur Sealy International during the third quarter valued at $27,000. Signaturefd LLC grew its holdings in Tempur Sealy International by 35.1% during the 2nd quarter. Signaturefd LLC now owns 981 shares of the company's stock worth $46,000 after acquiring an additional 255 shares during the period. Truvestments Capital LLC bought a new position in shares of Tempur Sealy International in the 3rd quarter worth about $48,000. Finally, Gilliland Jeter Wealth Management LLC bought a new stake in shares of Tempur Sealy International during the 2nd quarter valued at about $56,000. Institutional investors and hedge funds own 99.86% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on TPX shares. Raymond James decreased 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. Wedbush lifted their price objective on shares of Tempur Sealy International from $49.00 to $55.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $60.67.

Tempur Sealy International Stock Down 0.4 %

Shares of TPX stock traded down $0.22 during trading hours on Friday, reaching $55.01. The company had a trading volume of 1,063,866 shares, compared to its average volume of 1,452,959. The business has a fifty day simple moving average of $52.57 and a 200-day simple moving average of $51.04. Tempur Sealy International, Inc. has a 12 month low of $45.04 and a 12 month high of $58.44. The company has a market cap of $9.55 billion, a price-to-earnings ratio of 25.12, a price-to-earnings-growth ratio of 2.05 and a beta of 1.64. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65.

Tempur Sealy International (NYSE:TPX - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.81 by $0.01. Tempur Sealy International had a net margin of 7.96% and a return on equity of 108.66%. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the firm earned $0.77 EPS. The business's revenue for the quarter was up 1.8% compared to the same quarter last year. On average, research analysts expect that Tempur Sealy International, Inc. will post 2.51 earnings per share for the current fiscal year.

Tempur Sealy International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were given a dividend of $0.13 per share. The ex-dividend date was Thursday, November 21st. This represents a $0.52 annualized dividend and a dividend yield of 0.95%. Tempur Sealy International's dividend payout ratio is currently 23.74%.

Tempur Sealy International 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.