Quantinno Capital Management LP Buys 620 Shares of Tempur Sealy International, Inc. (NYSE:TPX)

Quantinno Capital Management LP increased its holdings in Tempur Sealy International, Inc. (NYSE:TPX) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,388 shares of the company’s stock after purchasing an additional 620 shares during the quarter. Quantinno Capital Management LP’s holdings in Tempur Sealy International were worth $1,277,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC raised its holdings in shares of Tempur Sealy International by 33.2% during the second quarter. SG Americas Securities LLC now owns 13,477 shares of the company’s stock valued at $638,000 after purchasing an additional 3,358 shares during the period. Vista Investment Partners LLC grew its position in shares of Tempur Sealy International by 72.1% during the 2nd quarter. Vista Investment Partners LLC now owns 63,288 shares of the company’s stock valued at $2,996,000 after acquiring an additional 26,512 shares during the period. Nisa Investment Advisors LLC grew its position in shares of Tempur Sealy International by 0.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 31,574 shares of the company’s stock valued at $1,495,000 after acquiring an additional 220 shares during the period. Neo Ivy Capital Management bought a new position in shares of Tempur Sealy International during the 2nd quarter valued at approximately $3,693,000. Finally, Fifth Third Wealth Advisors LLC bought a new position in Tempur Sealy International in the 2nd quarter worth approximately $274,000. Institutional investors own 99.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Wedbush increased their target price on shares of Tempur Sealy International from $49.00 to $55.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Raymond James lowered their price objective on shares of Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating on the stock in a research report on Friday, November 1st. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $60.67.

Tempur Sealy International Price Performance

TPX stock opened at $56.71 on Friday. The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. Tempur Sealy International, Inc. has a 52 week low of $45.04 and a 52 week high of $58.44. The firm’s fifty day moving average is $52.70 and its 200 day moving average is $51.19. The firm has a market cap of $9.85 billion, a P/E ratio of 25.89, a P/E/G ratio of 2.02 and a beta of 1.64.

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

Tempur Sealy International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Thursday, November 21st. Tempur Sealy International’s dividend payout ratio (DPR) is presently 23.74%.

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.