GSA Capital Partners LLP Makes New Investment in Tempur Sealy International, Inc. (NYSE:TPX)

GSA Capital Partners LLP acquired a new position in Tempur Sealy International, Inc. (NYSE:TPX) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,310 shares of the company’s stock, valued at approximately $290,000.

Several other large investors have also recently bought and sold shares of the business. QRG Capital Management Inc. purchased a new position in Tempur Sealy International in the third quarter worth $218,000. Donaldson Capital Management LLC raised its position in Tempur Sealy International by 16.7% in the third quarter. Donaldson Capital Management LLC now owns 52,544 shares of the company’s stock worth $2,869,000 after acquiring an additional 7,515 shares in the last quarter. Farther Finance Advisors LLC raised its position in Tempur Sealy International by 38.1% in the third quarter. Farther Finance Advisors LLC now owns 1,509 shares of the company’s stock worth $82,000 after acquiring an additional 416 shares in the last quarter. Custom Index Systems LLC acquired a new stake in Tempur Sealy International in the third quarter valued at $368,000. Finally, State of Alaska Department of Revenue grew its holdings in Tempur Sealy International by 7.3% in the third quarter. State of Alaska Department of Revenue now owns 20,054 shares of the company’s stock valued at $1,094,000 after purchasing an additional 1,365 shares during the last quarter. Hedge funds and other institutional investors own 99.86% of the company’s stock.

Tempur Sealy International Stock Up 0.6 %

TPX opened at $54.74 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.14 and a debt-to-equity ratio of 3.95. The firm has a market cap of $9.51 billion, a P/E ratio of 25.00, a PEG ratio of 1.96 and a beta of 1.60. Tempur Sealy International, Inc. has a 52 week low of $38.85 and a 52 week high of $57.13. The business’s fifty day simple moving average is $52.10 and its 200 day simple moving average is $50.85.

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

Tempur Sealy International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Thursday, November 21st. Tempur Sealy International’s payout ratio is 23.74%.

Wall Street Analysts Forecast Growth

TPX has been the topic of several research reports. Wedbush upped their target price on Tempur Sealy International from $49.00 to $55.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Raymond James lowered their target price on Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating on the stock in a report on Friday, November 1st. 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price 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.