Fisher Asset Management LLC maintained its stake in Tempur Sealy International Inc. (NYSE:TPX) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 217,694 shares of the company’s stock at the end of the third quarter. Fisher Asset Management LLC owned about 0.37% of Tempur Sealy International worth $12,352,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of TPX. BlueMountain Capital Management LLC increased its stake in Tempur Sealy International by 5,537.4% in the second quarter. BlueMountain Capital Management LLC now owns 1,173,987 shares of the company’s stock valued at $64,945,000 after buying an additional 1,153,162 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in Tempur Sealy International by 9,295.5% in the second quarter. Thrivent Financial for Lutherans now owns 768,550 shares of the company’s stock valued at $42,516,000 after buying an additional 760,370 shares in the last quarter. State Street Corp increased its stake in Tempur Sealy International by 24.6% in the second quarter. State Street Corp now owns 3,482,126 shares of the company’s stock valued at $192,639,000 after buying an additional 687,465 shares in the last quarter. Timucuan Asset Management Inc. FL increased its stake in Tempur Sealy International by 74.1% in the second quarter. Timucuan Asset Management Inc. FL now owns 1,482,945 shares of the company’s stock valued at $82,037,000 after buying an additional 631,167 shares in the last quarter. Finally, Clearline Capital LP bought a new stake in Tempur Sealy International during the second quarter valued at approximately $31,395,000.

Institutional Ownership by Quarter for Tempur Sealy International (NYSE:TPX)

Shares of Tempur Sealy International Inc. (NYSE:TPX) traded up 2.03% on Friday, hitting $64.82. The company had a trading volume of 401,199 shares. The company has a 50 day moving average of $56.20 and a 200-day moving average of $63.69. Tempur Sealy International Inc. has a 12-month low of $50.55 and a 12-month high of $82.32. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 31.33 and a beta of 1.86.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings data on Thursday, October 27th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.11. Tempur Sealy International had a net margin of 4.08% and a return on equity of 112.05%. The firm had revenue of $832.40 million for the quarter, compared to analysts’ expectations of $834.84 million. During the same period in the previous year, the company posted $1.11 EPS. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. On average, analysts forecast that Tempur Sealy International Inc. will post $3.94 earnings per share for the current year.

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TPX has been the subject of several analyst reports. Longbow Research downgraded Tempur Sealy International from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 28th. Stifel Nicolaus cut their target price on Tempur Sealy International from $80.00 to $72.00 and set a “buy” rating for the company in a research note on Wednesday, September 28th. Raymond James Financial Inc. cut their target price on Tempur Sealy International from $80.00 to $75.00 and set an “outperform” rating for the company in a research note on Wednesday, September 28th. Nomura set a $90.00 target price on Tempur Sealy International and gave the stock a “buy” rating in a research note on Wednesday, September 28th. Finally, KeyCorp cut their target price on Tempur Sealy International from $85.00 to $77.00 and set an “overweight” rating for the company in a research note on Wednesday, September 28th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $72.60.

In other Tempur Sealy International news, EVP Richard W. Anderson sold 75,000 shares of Tempur Sealy International stock in a transaction that occurred on Thursday, September 22nd. The shares were sold at an average price of $77.32, for a total transaction of $5,799,000.00. Following the transaction, the executive vice president now directly owns 77,162 shares in the company, valued at approximately $5,966,165.84. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 3.04% of the company’s stock.

About Tempur Sealy International

Tempur Sealy International, Inc is a bedding provider. The Company develops, manufactures, markets and distributes bedding products. It operates in two segments: North America, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada, and International, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America.

5 Day Chart for NYSE:TPX

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