Tempur Sealy International, Inc. (NYSE:TPX) Shares Sold by North Growth Management Ltd.

North Growth Management Ltd. lessened its stake in Tempur Sealy International, Inc. (NYSE:TPX - Free Report) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 252,000 shares of the company's stock after selling 4,000 shares during the period. Tempur Sealy International comprises about 2.7% of North Growth Management Ltd.'s portfolio, making the stock its 11th biggest position. North Growth Management Ltd. owned 0.15% of Tempur Sealy International worth $14,261,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Kieckhefer Group LLC acquired a new stake in shares of Tempur Sealy International in the 4th quarter valued at about $994,000. Qsemble Capital Management LP purchased a new position in Tempur Sealy International in the third quarter valued at approximately $867,000. Argent Capital Management LLC increased its holdings in Tempur Sealy International by 9.6% in the 4th quarter. Argent Capital Management LLC now owns 74,104 shares of the company's stock worth $4,201,000 after acquiring an additional 6,498 shares during the last quarter. HB Wealth Management LLC purchased a new stake in shares of Tempur Sealy International during the 4th quarter valued at approximately $246,000. Finally, Makena Capital Management LLC grew its position in shares of Tempur Sealy International by 4.9% in the third quarter. Makena Capital Management LLC now owns 205,205 shares of the company's stock valued at $11,204,000 after purchasing an additional 9,554 shares in the last quarter. 99.86% of the stock is currently owned by institutional investors.

Tempur Sealy International Trading Down 0.1 %

NYSE:TPX traded down $0.08 during midday trading on Wednesday, hitting $66.50. 2,391,204 shares of the company traded hands, compared to its average volume of 2,334,400. Tempur Sealy International, Inc. has a 12-month low of $45.04 and a 12-month high of $68.53. The firm has a market capitalization of $11.55 billion, a P/E ratio of 30.37, a P/E/G ratio of 2.07 and a beta of 1.64. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95. The firm's fifty day moving average is $58.67 and its 200-day moving average is $54.26.

Analyst Ratings Changes

TPX has been the subject of a number of research analyst reports. 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 research report on Monday, February 3rd. Wedbush restated an "outperform" rating and set a $80.00 target price (up from $67.00) on shares of Tempur Sealy International in a report on Monday, February 3rd. William Blair raised shares of Tempur Sealy International from a "market perform" rating to an "outperform" rating in a research note on Wednesday, February 5th. Raymond James dropped their price target 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. Finally, KeyCorp lifted their price objective on Tempur Sealy International from $70.00 to $74.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $73.25.

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.