Teachers Advisors LLC lowered its stake in shares of Tempur Sealy International Inc (NYSE:TPX) by 18.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 496,758 shares of the company’s stock after selling 108,956 shares during the period. Teachers Advisors LLC owned about 0.92% of Tempur Sealy International worth $31,142,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TPX. Greenlight Capital Inc. raised its stake in shares of Tempur Sealy International by 900.0% during the 3rd quarter. Greenlight Capital Inc. now owns 4,000,000 shares of the company’s stock valued at $258,080,000 after buying an additional 3,600,000 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Tempur Sealy International by 4.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 7,174,247 shares of the company’s stock valued at $449,754,000 after purchasing an additional 281,668 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Tempur Sealy International by 66.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 686,566 shares of the company’s stock valued at $44,296,000 after purchasing an additional 274,500 shares in the last quarter. LSV Asset Management increased its stake in shares of Tempur Sealy International by 313.7% in the 4th quarter. LSV Asset Management now owns 346,650 shares of the company’s stock valued at $21,731,000 after purchasing an additional 262,850 shares in the last quarter. Finally, Eaton Vance Management increased its stake in shares of Tempur Sealy International by 162.0% in the 4th quarter. Eaton Vance Management now owns 228,498 shares of the company’s stock valued at $14,325,000 after purchasing an additional 141,300 shares in the last quarter.

How to Become a New Pot Stock Millionaire

Shares of Tempur Sealy International Inc (NYSE TPX) opened at $45.06 on Friday. Tempur Sealy International Inc has a 52 week low of $39.57 and a 52 week high of $68.05. The company has a current ratio of 1.05, a quick ratio of 0.74 and a debt-to-equity ratio of 14.94. The company has a market capitalization of $2,499.49, a P/E ratio of 14.38, a price-to-earnings-growth ratio of 0.57 and a beta of 1.40.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $0.79 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by ($0.03). Tempur Sealy International had a return on equity of 348.78% and a net margin of 5.54%. The firm had revenue of $648.20 million for the quarter, compared to analysts’ expectations of $679.41 million. During the same quarter last year, the firm posted $1.18 earnings per share. Tempur Sealy International’s quarterly revenue was down 15.9% on a year-over-year basis. equities analysts anticipate that Tempur Sealy International Inc will post 3.7 earnings per share for the current year.

Several brokerages recently weighed in on TPX. Zacks Investment Research lowered Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Tuesday, March 13th. Stifel Nicolaus restated a “buy” rating and issued a $65.00 price target (down previously from $68.00) on shares of Tempur Sealy International in a research note on Thursday, March 15th. Loop Capital began coverage on Tempur Sealy International in a research note on Thursday, March 1st. They issued a “hold” rating and a $49.00 price target for the company. SunTrust Banks restated a “hold” rating and issued a $51.00 price target on shares of Tempur Sealy International in a research note on Friday, February 23rd. Finally, Piper Jaffray Companies cut their price target on Tempur Sealy International from $75.00 to $66.00 and set an “overweight” rating for the company in a research note on Monday, March 12th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $60.89.

WARNING: This article was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.watchlistnews.com/teachers-advisors-llc-sells-108956-shares-of-tempur-sealy-international-inc-tpx/1960390.html.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.

Want to see what other hedge funds are holding TPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tempur Sealy International Inc (NYSE:TPX).

Institutional Ownership by Quarter for Tempur Sealy International (NYSE:TPX)

Receive News & Ratings for Tempur Sealy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tempur Sealy International and related companies with MarketBeat.com's FREE daily email newsletter.