Public Employees Retirement Association of Colorado lessened its stake in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 11.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,644 shares of the company’s stock after selling 1,355 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Tempur Sealy International were worth $687,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Morgan Stanley raised its holdings in Tempur Sealy International by 99.6% during the first quarter. Morgan Stanley now owns 233,881 shares of the company’s stock worth $10,866,000 after buying an additional 116,718 shares during the last quarter. SG Americas Securities LLC raised its holdings in Tempur Sealy International by 22.3% during the second quarter. SG Americas Securities LLC now owns 29,617 shares of the company’s stock worth $1,581,000 after buying an additional 5,394 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Tempur Sealy International by 3.8% during the second quarter. Principal Financial Group Inc. now owns 200,825 shares of the company’s stock worth $10,722,000 after buying an additional 7,274 shares during the last quarter. BlackRock Inc. raised its holdings in Tempur Sealy International by 15,212.6% during the first quarter. BlackRock Inc. now owns 3,784,051 shares of the company’s stock worth $175,806,000 after buying an additional 3,759,339 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Tempur Sealy International by 2.4% during the first quarter. Geode Capital Management LLC now owns 353,195 shares of the company’s stock worth $16,409,000 after buying an additional 8,185 shares during the last quarter.

In other Tempur Sealy International news, EVP H Clifford Buster III bought 18,800 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was purchased at an average price of $53.03 per share, for a total transaction of $996,964.00. Following the completion of the transaction, the executive vice president now directly owns 18,800 shares of the company’s stock, valued at $996,964. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Scott L. Thompson bought 19,565 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were acquired at an average price of $51.19 per share, with a total value of $1,001,532.35. Following the transaction, the chief executive officer now directly owns 245,019 shares of the company’s stock, valued at $12,542,522.61. The disclosure for this purchase can be found here. 2.10% of the stock is currently owned by corporate insiders.

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Several research analysts have weighed in on TPX shares. Piper Jaffray Companies set a $61.00 price objective on shares of Tempur Sealy International and gave the stock a “hold” rating in a report on Thursday, July 27th. Stifel Nicolaus reiterated a “hold” rating and issued a $60.00 target price (up previously from $47.00) on shares of Tempur Sealy International in a research note on Sunday, July 30th. BidaskClub upgraded shares of Tempur Sealy International from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st. Zacks Investment Research upgraded shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Wednesday, August 2nd. Finally, Bank of America Corporation reiterated a “buy” rating and issued a $85.00 target price (up previously from $75.00) on shares of Tempur Sealy International in a research note on Wednesday, August 30th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, three have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $61.33.

Tempur Sealy International, Inc. (TPX) opened at $53.61 on Tuesday. The firm has a market cap of $2,877.53, a PE ratio of 14.79, a P/E/G ratio of 1.08 and a beta of 1.60. The company has a current ratio of 1.08, a quick ratio of 0.77 and a debt-to-equity ratio of 20.03. Tempur Sealy International, Inc. has a 1 year low of $39.57 and a 1 year high of $70.45.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The company had revenue of $724.80 million during the quarter, compared to analyst estimates of $756.10 million. Tempur Sealy International had a net margin of 5.79% and a return on equity of 1,042.63%. The firm’s revenue for the quarter was down 12.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.32 earnings per share. equities analysts forecast that Tempur Sealy International, Inc. will post 3.26 EPS for the current year.

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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