Tempur Sealy International, Inc. (NYSE:TPX) Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue lowered its position in Tempur Sealy International, Inc. (NYSE:TPX) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,799 shares of the company’s stock after selling 255 shares during the quarter. State of Alaska Department of Revenue’s holdings in Tempur Sealy International were worth $1,122,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. increased its position in shares of Tempur Sealy International by 3.1% during the third quarter. Coldstream Capital Management Inc. now owns 6,488 shares of the company’s stock worth $354,000 after acquiring an additional 194 shares during the last quarter. UMB Bank n.a. boosted its stake in Tempur Sealy International by 72.0% in the fourth quarter. UMB Bank n.a. now owns 805 shares of the company’s stock valued at $46,000 after acquiring an additional 337 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Tempur Sealy International by 7.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,055 shares of the company’s stock valued at $276,000 after acquiring an additional 345 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Tempur Sealy International by 38.1% during the third quarter. Farther Finance Advisors LLC now owns 1,509 shares of the company’s stock worth $82,000 after buying an additional 416 shares during the period. Finally, Choreo LLC boosted its position in shares of Tempur Sealy International by 9.8% during the fourth quarter. Choreo LLC now owns 4,991 shares of the company’s stock worth $284,000 after buying an additional 444 shares during the period. 99.86% of the stock is owned by hedge funds and other institutional investors.

Tempur Sealy International Stock Down 0.1 %

TPX stock opened at $66.50 on Thursday. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. Tempur Sealy International, Inc. has a 52-week low of $45.04 and a 52-week high of $68.53. The company has a 50-day moving average of $58.67 and a two-hundred day moving average of $54.26. The stock has a market capitalization of $11.55 billion, a price-to-earnings ratio of 30.37, a price-to-earnings-growth ratio of 2.07 and a beta of 1.64.

Wall Street Analyst Weigh In

Several brokerages recently commented on TPX. Piper Sandler boosted their target price on Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. William Blair raised shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research note on Wednesday, February 5th. Bank of America boosted their target price on shares of Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a research note on Tuesday. UBS Group boosted their target price on shares of Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Finally, StockNews.com raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating in a research note on Wednesday. Nine research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $73.25.

Tempur Sealy International Company 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.