4,746 Shares in Tempur Sealy International, Inc. (NYSE:TPX) Acquired by Summit Trail Advisors LLC

Summit Trail Advisors LLC purchased a new position in Tempur Sealy International, Inc. (NYSE:TPX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,746 shares of the company's stock, valued at approximately $269,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. UMB Bank n.a. boosted its holdings in shares of Tempur Sealy International by 750.9% during the 3rd quarter. UMB Bank n.a. now owns 468 shares of the company's stock valued at $26,000 after buying an additional 413 shares in the last quarter. Brooklyn Investment Group bought a new stake in Tempur Sealy International during the third quarter worth about $27,000. Versant Capital Management Inc boosted its stake in Tempur Sealy International by 365.2% during the fourth quarter. Versant Capital Management Inc now owns 614 shares of the company's stock worth $35,000 after acquiring an additional 482 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Tempur Sealy International during the third quarter valued at approximately $48,000. Finally, Farther Finance Advisors LLC increased its stake in shares of Tempur Sealy International by 38.1% during the third quarter. Farther Finance Advisors LLC now owns 1,509 shares of the company's stock valued at $82,000 after purchasing an additional 416 shares in the last quarter. 99.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on TPX. Wedbush restated an "outperform" rating and issued a $80.00 price target (up previously from $67.00) on shares of Tempur Sealy International in a research note on Monday, February 3rd. StockNews.com raised Tempur Sealy International from a "hold" rating to a "buy" rating in a research note on Wednesday. Truist Financial raised their price target on Tempur Sealy International from $63.00 to $69.00 and gave the company a "buy" rating in a report on Wednesday, January 29th. Piper Sandler upped their price target on shares of Tempur Sealy International from $65.00 to $76.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. Finally, William Blair upgraded shares of Tempur Sealy International from a "market perform" rating to an "outperform" rating in a research note on Wednesday, February 5th. Nine equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Tempur Sealy International presently has a consensus rating of "Buy" and an average price target of $73.25.

Tempur Sealy International Stock Performance

NYSE:TPX traded up $0.51 during mid-day trading on Friday, reaching $68.95. The company's stock had a trading volume of 2,993,276 shares, compared to its average volume of 2,448,250. 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 stock has a market cap of $11.97 billion, a P/E ratio of 31.48, a PEG ratio of 2.07 and a beta of 1.64. The firm's fifty day moving average price is $59.21 and its two-hundred day moving average price is $54.51. Tempur Sealy International, Inc. has a 12-month low of $45.04 and a 12-month high of $69.55.

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.