Prudential Financial Inc. decreased its stake in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 14.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,837 shares of the company’s stock after selling 4,960 shares during the period. Prudential Financial Inc. owned 0.05% of Tempur Sealy International worth $1,340,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Howard Hughes Medical Institute boosted its position in shares of Tempur Sealy International by 16.1% in the first quarter. Howard Hughes Medical Institute now owns 38,788 shares of the company’s stock valued at $1,802,000 after buying an additional 5,372 shares during the last quarter. Independent Portfolio Consultants Inc. boosted its position in shares of Tempur Sealy International by 2.1% in the first quarter. Independent Portfolio Consultants Inc. now owns 30,960 shares of the company’s stock valued at $1,438,000 after buying an additional 638 shares during the last quarter. Westbourne Investment Advisors Inc. boosted its position in shares of Tempur Sealy International by 10.9% in the first quarter. Westbourne Investment Advisors Inc. now owns 17,425 shares of the company’s stock valued at $810,000 after buying an additional 1,710 shares during the last quarter. Quotient Investors LLC purchased a new position in shares of Tempur Sealy International during the first quarter valued at approximately $269,000. Finally, Quantitative Systematic Strategies LLC purchased a new position in shares of Tempur Sealy International during the first quarter valued at approximately $1,787,000.

Tempur Sealy International, Inc. (NYSE TPX) traded up 0.40% during midday trading on Monday, reaching $59.56. 594,977 shares of the company’s stock were exchanged. Tempur Sealy International, Inc. has a 12 month low of $39.57 and a 12 month high of $82.32. The company has a market cap of $3.21 billion, a P/E ratio of 16.80 and a beta of 1.67. The company has a 50 day moving average price of $52.90 and a 200 day moving average price of $48.90.

Tempur Sealy International (NYSE:TPX) last announced its earnings results on Thursday, July 27th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.05. The company had revenue of $659.30 million for the quarter, compared to analysts’ expectations of $661.65 million. Tempur Sealy International had a return on equity of 617.75% and a net margin of 6.69%. Tempur Sealy International’s quarterly revenue was down 18.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.92 earnings per share. On average, equities analysts anticipate that Tempur Sealy International, Inc. will post $3.29 EPS for the current year.

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A number of analysts have recently issued reports on TPX shares. Zacks Investment Research raised shares of Tempur Sealy International from a “hold” rating to a “strong-buy” rating and set a $47.00 price target for the company in a research report on Wednesday, April 19th. Raymond James Financial, Inc. raised shares of Tempur Sealy International from an “outperform” rating to a “strong-buy” rating and set a $53.00 price objective on the stock in a research report on Wednesday, April 19th. Wedbush set a $45.00 price objective on shares of Tempur Sealy International and gave the company a “hold” rating in a research report on Wednesday, May 31st. SunTrust Banks, Inc. raised shares of Tempur Sealy International from a “sell” rating to a “hold” rating and set a $43.00 price objective on the stock in a research report on Monday, May 8th. Finally, Tigress Financial lowered shares of Tempur Sealy International from a “buy” rating to a “neutral” rating in a research report on Thursday, May 18th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $58.80.

In other Tempur Sealy International news, Director Jon L. Luther acquired 2,750 shares of the business’s stock in a transaction on Monday, May 15th. The shares were acquired at an average price of $48.45 per share, with a total value of $133,237.50. Following the completion of the transaction, the director now owns 13,668 shares in the company, valued at $662,214.60. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Usman Nabi acquired 150,000 shares of the business’s stock in a transaction on Thursday, May 18th. The stock was acquired at an average cost of $46.00 per share, for a total transaction of $6,900,000.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 1,922,750 shares of company stock worth $92,080,731. 2.10% of the stock is owned by insiders.

About Tempur Sealy International

Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.

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

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