Diversified Trust Co Has $3.52 Million Stake in Tempur Sealy International, Inc. (NYSE:TPX)

Diversified Trust Co raised its stake in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 17.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,974 shares of the company’s stock after buying an additional 9,000 shares during the period. Diversified Trust Co’s holdings in Tempur Sealy International were worth $3,521,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rise Advisors LLC acquired a new stake in Tempur Sealy International in the 1st quarter worth approximately $27,000. Principal Securities Inc. bought a new stake in shares of Tempur Sealy International during the 4th quarter worth $40,000. International Assets Investment Management LLC grew its stake in Tempur Sealy International by 4,996.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,376 shares of the company’s stock valued at $70,000 after buying an additional 1,349 shares during the last quarter. GAMMA Investing LLC bought a new position in Tempur Sealy International in the 4th quarter worth $115,000. Finally, KBC Group NV acquired a new position in Tempur Sealy International during the 4th quarter worth $157,000. Institutional investors and hedge funds own 99.86% of the company’s stock.

Tempur Sealy International Trading Down 0.3 %

Shares of Tempur Sealy International stock opened at $47.21 on Tuesday. The company’s fifty day moving average price is $50.14 and its two-hundred day moving average price is $51.24. The firm has a market capitalization of $8.20 billion, a PE ratio of 23.37, a price-to-earnings-growth ratio of 1.50 and a beta of 1.60. Tempur Sealy International, Inc. has a 52-week low of $36.12 and a 52-week high of $57.13. The company has a debt-to-equity ratio of 7.74, a current ratio of 1.21 and a quick ratio of 0.70.

Tempur Sealy International (NYSE:TPX) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. Tempur Sealy International had a return on equity of 168.59% and a net margin of 7.32%. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the business earned $0.53 earnings per share. The company’s quarterly revenue was down 1.5% on a year-over-year basis. On average, analysts expect that Tempur Sealy International, Inc. will post 2.71 EPS for the current year.

Tempur Sealy International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Thursday, May 16th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, May 15th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.10%. Tempur Sealy International’s payout ratio is presently 25.74%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Wedbush reiterated an “outperform” rating and issued a $66.00 price objective on shares of Tempur Sealy International in a research note on Thursday, June 20th. Loop Capital upgraded Tempur Sealy International from a “hold” rating to a “buy” rating and upped their price target for the stock from $50.00 to $75.00 in a report on Monday, March 25th. Finally, Truist Financial raised their price objective on shares of Tempur Sealy International from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $62.71.

Tempur Sealy International Profile

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.