Symmetry Partners LLC Takes $527,000 Position in Tempur Sealy International Inc (NYSE:TPX)

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Symmetry Partners LLC purchased a new stake in shares of 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 (SEC). The institutional investor purchased 6,826 shares of the company’s stock, valued at approximately $527,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. acquired a new position in shares of Tempur Sealy International during the 3rd quarter worth $63,000. Shine Investment Advisory Services Inc. grew its stake in Tempur Sealy International by 26.6% in the 2nd quarter. Shine Investment Advisory Services Inc. now owns 913 shares of the company’s stock valued at $67,000 after acquiring an additional 192 shares during the last quarter. NEXT Financial Group Inc grew its stake in Tempur Sealy International by 1,356.1% in the 2nd quarter. NEXT Financial Group Inc now owns 961 shares of the company’s stock valued at $71,000 after acquiring an additional 895 shares during the last quarter. Ropes Wealth Advisors LLC acquired a new stake in Tempur Sealy International in the 2nd quarter valued at about $73,000. Finally, Eidelman Virant Capital acquired a new stake in Tempur Sealy International in the 3rd quarter valued at about $772,000.

In other news, CEO Scott L. Thompson sold 100,000 shares of Tempur Sealy International stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $89.61, for a total value of $8,961,000.00. Following the transaction, the chief executive officer now owns 380,560 shares in the company, valued at approximately $34,101,981.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Bhaskar Rao sold 2,215 shares of Tempur Sealy International stock in a transaction on Monday, October 14th. The shares were sold at an average price of $76.73, for a total value of $169,956.95. Following the completion of the transaction, the chief financial officer now owns 21,216 shares in the company, valued at approximately $1,627,903.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,701,086 shares of company stock valued at $403,241,698. 3.23% of the stock is currently owned by insiders.

Shares of Tempur Sealy International stock traded up $0.53 during trading hours on Friday, hitting $85.59. The company’s stock had a trading volume of 31,988 shares, compared to its average volume of 995,913. Tempur Sealy International Inc has a 12 month low of $38.90 and a 12 month high of $92.33. The stock has a 50 day moving average of $79.50 and a 200 day moving average of $73.58. The company has a market capitalization of $4.71 billion, a PE ratio of 28.91, a price-to-earnings-growth ratio of 0.61 and a beta of 1.72. The company has a debt-to-equity ratio of 5.04, a current ratio of 1.13 and a quick ratio of 0.81.

Tempur Sealy International (NYSE:TPX) last announced its quarterly earnings results on Thursday, October 31st. The company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.16. The company had revenue of $821.00 million during the quarter, compared to the consensus estimate of $797.24 million. Tempur Sealy International had a return on equity of 70.52% and a net margin of 5.35%. The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.02 earnings per share. Equities analysts expect that Tempur Sealy International Inc will post 3.79 EPS for the current year.

Several research analysts have recently weighed in on the stock. SunTrust Banks increased their price objective on shares of Tempur Sealy International from $78.00 to $90.00 and gave the stock a “hold” rating in a report on Monday. Loop Capital increased their price objective on shares of Tempur Sealy International to $85.00 and gave the company a “hold” rating in a research report on Friday, November 1st. They noted that the move was a valuation call. UBS Group set a $92.00 price objective on shares of Tempur Sealy International and gave the company a “hold” rating in a research report on Friday, November 1st. Zacks Investment Research raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research report on Sunday, November 3rd. Finally, Stifel Nicolaus set a $105.00 price objective on shares of Tempur Sealy International and gave the company a “buy” rating in a research report on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Tempur Sealy International presently has a consensus rating of “Buy” and a consensus price target of $91.17.

About Tempur Sealy International

Tempur Sealy International, Inc develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S.

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

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