15,883 Shares in Tempur Sealy International, Inc. (NYSE:TPX) Bought by Qsemble Capital Management LP

Qsemble Capital Management LP acquired a new position in Tempur Sealy International, Inc. (NYSE:TPX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 15,883 shares of the company’s stock, valued at approximately $867,000.

Other institutional investors have also recently bought and sold shares of the company. Tidal Investments LLC purchased a new position in shares of Tempur Sealy International in the 1st quarter worth about $1,119,000. Cetera Advisors LLC bought a new position in shares of Tempur Sealy International during the 1st quarter valued at approximately $414,000. SG Americas Securities LLC grew its position in shares of Tempur Sealy International by 33.2% during the 2nd quarter. SG Americas Securities LLC now owns 13,477 shares of the company’s stock valued at $638,000 after acquiring an additional 3,358 shares during the period. J.Safra Asset Management Corp increased its stake in shares of Tempur Sealy International by 23.8% during the 2nd quarter. J.Safra Asset Management Corp now owns 1,273 shares of the company’s stock worth $60,000 after purchasing an additional 245 shares during the last quarter. Finally, Coronation Fund Managers Ltd. lifted its stake in Tempur Sealy International by 28.6% in the second quarter. Coronation Fund Managers Ltd. now owns 118,549 shares of the company’s stock valued at $5,612,000 after purchasing an additional 26,392 shares during the last quarter. Institutional investors own 99.86% of the company’s stock.

Tempur Sealy International Trading Down 3.1 %

NYSE:TPX opened at $56.05 on Wednesday. Tempur Sealy International, Inc. has a 1 year low of $38.85 and a 1 year high of $58.44. The stock’s fifty day moving average price is $52.23 and its two-hundred day moving average price is $50.86. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. The company has a market cap of $9.73 billion, a P/E ratio of 25.59, a P/E/G ratio of 2.12 and a beta of 1.60.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Tempur Sealy International had a return on equity of 108.66% and a net margin of 7.96%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.77 EPS. As a group, analysts expect that Tempur Sealy International, Inc. will post 2.51 EPS for the current year.

Tempur Sealy International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 21st will be paid a dividend of $0.13 per share. The ex-dividend date is Thursday, November 21st. This represents a $0.52 annualized dividend and a yield of 0.93%. Tempur Sealy International’s dividend payout ratio is currently 23.74%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Raymond James decreased their target price on Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating for the company in a research report on Friday, November 1st. Wedbush lifted their price objective on Tempur Sealy International from $49.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $60.67.

About Tempur Sealy International

Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.