Sei Investments Co. raised its position in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 23.1% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,247 shares of the company’s stock after purchasing an additional 421 shares during the quarter. Sei Investments Co.’s holdings in Tempur Sealy International were worth $120,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in TPX. BlackRock Inc. increased its stake in Tempur Sealy International by 15,212.6% during the 1st quarter. BlackRock Inc. now owns 3,784,051 shares of the company’s stock valued at $175,806,000 after purchasing an additional 3,759,339 shares in the last quarter. State Street Corp increased its stake in Tempur Sealy International by 14.9% during the 1st quarter. State Street Corp now owns 3,602,464 shares of the company’s stock valued at $167,372,000 after purchasing an additional 466,161 shares in the last quarter. Neuberger Berman Group LLC bought a new stake in Tempur Sealy International during the 1st quarter valued at about $14,268,000. TIAA CREF Investment Management LLC increased its stake in Tempur Sealy International by 21.9% during the 1st quarter. TIAA CREF Investment Management LLC now owns 1,323,770 shares of the company’s stock valued at $61,502,000 after purchasing an additional 238,134 shares in the last quarter. Finally, Teachers Advisors LLC increased its stake in Tempur Sealy International by 54.3% during the 1st quarter. Teachers Advisors LLC now owns 676,171 shares of the company’s stock valued at $31,415,000 after purchasing an additional 238,029 shares in the last quarter.

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Shares of Tempur Sealy International, Inc. (NYSE TPX) opened at 61.64 on Thursday. The stock has a 50 day moving average of $60.39 and a 200-day moving average of $50.87. Tempur Sealy International, Inc. has a 52 week low of $39.57 and a 52 week high of $78.19. The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of 17.38 and a beta of 1.64.

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

A number of research firms have weighed in on TPX. Zacks Investment Research lowered shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Wednesday. Piper Jaffray Companies upgraded shares of Tempur Sealy International from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $61.00 to $80.00 in a research note on Monday, August 14th. Stifel Nicolaus upgraded shares of Tempur Sealy International from a “hold” rating to a “buy” rating and raised their price objective for the company from $60.00 to $80.00 in a research note on Tuesday, August 22nd. Finally, ValuEngine lowered shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $65.00.

Tempur Sealy International Company Profile

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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