Repertoire Partners LP Has $2.18 Million Stock Position in Tempur Sealy International, Inc. (NYSE:TPX)

Repertoire Partners LP lifted its holdings in shares of Tempur Sealy International, Inc. (NYSE:TPX - Free Report) by 33.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,959 shares of the company's stock after purchasing an additional 9,959 shares during the period. Tempur Sealy International accounts for 2.5% of Repertoire Partners LP's holdings, making the stock its 8th biggest holding. Repertoire Partners LP's holdings in Tempur Sealy International were worth $2,182,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. UMB Bank n.a. lifted its holdings in shares of Tempur Sealy International by 750.9% during the third quarter. UMB Bank n.a. now owns 468 shares of the company's stock worth $26,000 after purchasing an additional 413 shares during the period. Brooklyn Investment Group acquired a new position in shares of Tempur Sealy International during the third quarter worth $27,000. Signaturefd LLC lifted its holdings in shares of Tempur Sealy International by 35.1% during the second quarter. Signaturefd LLC now owns 981 shares of the company's stock worth $46,000 after purchasing an additional 255 shares during the period. Truvestments Capital LLC acquired a new position in Tempur Sealy International in the third quarter valued at $48,000. Finally, Gilliland Jeter Wealth Management LLC acquired a new position in Tempur Sealy International in the second quarter valued at $56,000. Institutional investors and hedge funds own 99.86% of the company's stock.

Tempur Sealy International Stock Down 1.4 %

Shares of NYSE TPX traded down $0.78 during trading on Thursday, hitting $55.22. 1,207,488 shares of the company traded hands, compared to its average volume of 1,557,239. The business's fifty day moving average is $52.55 and its 200 day moving average is $51.01. Tempur Sealy International, Inc. has a fifty-two week low of $43.94 and a fifty-two week high of $58.44. The firm has a market capitalization of $9.59 billion, a price-to-earnings ratio of 25.16, a P/E/G ratio of 2.06 and a beta of 1.64. The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14.

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

Tempur Sealy International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Thursday, November 21st. Tempur Sealy International's payout ratio is presently 23.74%.

Analysts Set New Price Targets

TPX has been the topic of several recent analyst reports. Raymond James dropped their target price on shares of Tempur Sealy International from $57.00 to $55.00 and set a "strong-buy" rating on the stock in a report on Friday, November 1st. Wedbush boosted their target price on shares of Tempur Sealy International from $49.00 to $55.00 and gave the company a "neutral" rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $60.67.

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.