Oberndorf William E bought a new position in shares of Tempur Sealy International, Inc. (NYSE:TPX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 74,252 shares of the company’s stock, valued at approximately $4,791,000. Tempur Sealy International makes up about 3.8% of Oberndorf William E’s holdings, making the stock its 5th biggest holding. Oberndorf William E owned 0.14% of Tempur Sealy International as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Capstone Asset Management Co. lifted its position in shares of Tempur Sealy International by 1.3% during the 2nd quarter. Capstone Asset Management Co. now owns 4,669 shares of the company’s stock worth $249,000 after buying an additional 60 shares in the last quarter. Comerica Bank lifted its position in shares of Tempur Sealy International by 0.4% during the 2nd quarter. Comerica Bank now owns 36,916 shares of the company’s stock worth $2,059,000 after buying an additional 154 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Tempur Sealy International by 12.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,165 shares of the company’s stock worth $116,000 after buying an additional 234 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Tempur Sealy International by 14.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock worth $100,000 after buying an additional 273 shares in the last quarter. Finally, State Treasurer State of Michigan lifted its position in shares of Tempur Sealy International by 1.6% during the 2nd quarter. State Treasurer State of Michigan now owns 19,300 shares of the company’s stock worth $1,030,000 after buying an additional 300 shares in the last quarter.

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

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

Tempur Sealy International, Inc. (TPX) traded up $0.09 during trading hours on Tuesday, hitting $57.19. 254,345 shares of the company were exchanged, compared to its average volume of 1,369,438. The company has a debt-to-equity ratio of 20.03, a current ratio of 1.08 and a quick ratio of 0.77. The company has a market cap of $3,060.00, a PE ratio of 15.80, a PEG ratio of 1.16 and a beta of 1.60. Tempur Sealy International, Inc. has a 52 week low of $39.57 and a 52 week high of $70.45.

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

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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