Tempur Sealy International, Inc. (NYSE:TPX) Shares Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. boosted its holdings in Tempur Sealy International, Inc. (NYSE:TPX) by 161.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,084 shares of the company’s stock after purchasing an additional 37,137 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Tempur Sealy International were worth $3,281,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in TPX. Natixis Advisors LLC grew its position in shares of Tempur Sealy International by 61.0% in the 3rd quarter. Natixis Advisors LLC now owns 227,037 shares of the company’s stock valued at $12,396,000 after buying an additional 85,999 shares during the last quarter. Seelaus Asset Management LLC acquired a new stake in shares of Tempur Sealy International during the third quarter worth about $382,000. Empowered Funds LLC increased its position in shares of Tempur Sealy International by 19.0% during the third quarter. Empowered Funds LLC now owns 40,158 shares of the company’s stock worth $2,193,000 after purchasing an additional 6,419 shares in the last quarter. KBC Group NV lifted its holdings in shares of Tempur Sealy International by 24.8% in the 3rd quarter. KBC Group NV now owns 4,624 shares of the company’s stock valued at $252,000 after purchasing an additional 919 shares during the last quarter. Finally, Winslow Asset Management Inc. acquired a new stake in shares of Tempur Sealy International in the 3rd quarter valued at about $226,000. 99.86% of the stock is currently owned by hedge funds and other institutional investors.

Tempur Sealy International Price Performance

Tempur Sealy International stock opened at $53.49 on Thursday. The firm’s 50-day moving average is $51.93 and its two-hundred day moving average is $50.79. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. The stock has a market capitalization of $9.29 billion, a P/E ratio of 24.42, a P/E/G ratio of 1.96 and a beta of 1.60. Tempur Sealy International, Inc. has a 12-month low of $38.85 and a 12-month high of $57.13.

Tempur Sealy International (NYSE:TPX) last released its earnings results on Thursday, November 7th. The company reported $0.82 EPS for the quarter, topping 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 firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the company earned $0.77 EPS. Tempur Sealy International’s revenue for the quarter was up 1.8% on a year-over-year basis. Equities analysts predict that Tempur Sealy International, Inc. will post 2.51 earnings per share for the current year.

Tempur Sealy International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 21st will be paid a $0.13 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.52 annualized dividend and a yield of 0.97%. Tempur Sealy International’s payout ratio is currently 23.74%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TPX shares. 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 decreased 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 research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $60.67.

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.