Colony Group LLC purchased a new stake in Tempur Sealy International, Inc. (NYSE:TPX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 24,672 shares of the company’s stock, valued at approximately $1,592,000.

Several other large investors have also added to or reduced their stakes in TPX. Prudential Financial Inc. raised its holdings in shares of Tempur Sealy International by 1,821.2% in the 2nd quarter. Prudential Financial Inc. now owns 554,027 shares of the company’s stock valued at $29,579,000 after acquiring an additional 525,190 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Tempur Sealy International by 5.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,323,574 shares of the company’s stock valued at $391,005,000 after purchasing an additional 373,986 shares during the last quarter. Davidson Kempner Capital Management LP bought a new position in shares of Tempur Sealy International during the 2nd quarter valued at about $16,017,000. Dimensional Fund Advisors LP increased its position in shares of Tempur Sealy International by 66.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 686,566 shares of the company’s stock valued at $44,296,000 after purchasing an additional 274,500 shares during the last quarter. Finally, Balyasny Asset Management LLC increased its position in shares of Tempur Sealy International by 1,176.6% during the 2nd quarter. Balyasny Asset Management LLC now owns 211,563 shares of the company’s stock valued at $11,295,000 after purchasing an additional 194,991 shares during the last quarter.

Tempur Sealy International, Inc. (NYSE:TPX) traded up $1.84 on Thursday, reaching $62.84. The company had a trading volume of 1,140,000 shares, compared to its average volume of 1,339,478. 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 fifty-two week low of $39.57 and a fifty-two week high of $70.45. The company has a market cap of $3,305.02, a price-to-earnings ratio of 16.99, a price-to-earnings-growth ratio of 1.25 and a beta of 1.53.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.03. Tempur Sealy International had a return on equity of 1,042.63% and a net margin of 5.79%. The business had revenue of $724.80 million for the quarter, compared to analyst estimates of $756.10 million. During the same period last year, the company earned $1.32 EPS. Tempur Sealy International’s revenue for the quarter was down 12.9% compared to the same quarter last year. equities research analysts anticipate that Tempur Sealy International, Inc. will post 3.25 EPS for the current fiscal year.

In related news, CEO Scott L. Thompson purchased 19,565 shares of Tempur Sealy International stock in a transaction that occurred on Tuesday, November 7th. The shares were acquired at an average cost of $51.19 per share, for a total transaction of $1,001,532.35. Following the transaction, the chief executive officer now directly owns 245,019 shares in the company, valued at $12,542,522.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP H Clifford Buster III purchased 18,800 shares of Tempur Sealy International stock in a transaction that occurred on Thursday, November 9th. The shares were bought 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 owns 18,800 shares in the company, valued at $996,964. The disclosure for this purchase can be found here. 2.10% of the stock is owned by company insiders.

TPX has been the topic of several recent research reports. Zacks Investment Research lowered Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. SunTrust Banks reiterated a “hold” rating and set a $60.00 price objective on shares of Tempur Sealy International in a research report on Monday, October 2nd. Raymond James Financial reiterated a “buy” rating on shares of Tempur Sealy International in a research report on Thursday, December 7th. TheStreet upgraded Tempur Sealy International from a “c” rating to a “b” rating in a research report on Thursday, November 2nd. Finally, ValuEngine upgraded Tempur Sealy International from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Tempur Sealy International presently has a consensus rating of “Hold” and an average price target of $61.33.

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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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