De Lisle Partners LLP Invests $437,000 in Tempur Sealy International, Inc. (NYSE:TPX)

De Lisle Partners LLP acquired a new stake in Tempur Sealy International, Inc. (NYSE:TPX) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,000 shares of the company’s stock, valued at approximately $437,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. UMB Bank n.a. increased its stake in Tempur Sealy International by 750.9% during the 3rd quarter. UMB Bank n.a. now owns 468 shares of the company’s stock valued at $26,000 after purchasing an additional 413 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of Tempur Sealy International in the 3rd quarter valued at $27,000. Signaturefd LLC raised its stake in Tempur Sealy International by 35.1% in the 2nd quarter. Signaturefd LLC now owns 981 shares of the company’s stock worth $46,000 after acquiring an additional 255 shares during the last quarter. Truvestments Capital LLC acquired a new stake in Tempur Sealy International during the 3rd quarter worth about $48,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new stake in Tempur Sealy International during the 2nd quarter valued at about $56,000. 99.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Tempur Sealy International Stock Performance

TPX opened at $55.81 on Friday. The stock has a market cap of $9.69 billion, a P/E ratio of 25.48, a P/E/G ratio of 2.05 and a beta of 1.60. 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 firm has a fifty day moving average price of $52.35 and a 200 day moving average price of $50.91. Tempur Sealy International, Inc. has a 1 year low of $38.85 and a 1 year high of $58.44.

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

Tempur Sealy International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, November 21st. Tempur Sealy International’s payout ratio is 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.