Bayesian Capital Management LP decreased its holdings in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 58.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,300 shares of the company’s stock after selling 7,500 shares during the period. Bayesian Capital Management LP’s holdings in Tempur Sealy International were worth $283,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. increased its holdings in Tempur Sealy International by 14.7% in the first quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock worth $100,000 after purchasing an additional 273 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Tempur Sealy International by 12.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,165 shares of the company’s stock worth $116,000 after buying an additional 234 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Tempur Sealy International by 23.1% during the 2nd quarter. Sei Investments Co. now owns 2,247 shares of the company’s stock worth $120,000 after buying an additional 421 shares in the last quarter. NEXT Financial Group Inc boosted its holdings in shares of Tempur Sealy International by 9,500.0% during the 2nd quarter. NEXT Financial Group Inc now owns 2,400 shares of the company’s stock worth $128,000 after buying an additional 2,375 shares in the last quarter. Finally, Blueport Capital L.P. boosted its holdings in shares of Tempur Sealy International by 41.2% during the 1st quarter. Blueport Capital L.P. now owns 3,026 shares of the company’s stock worth $141,000 after buying an additional 883 shares in the last quarter.

Tempur Sealy International, Inc. (NYSE TPX) opened at 65.05 on Tuesday. The stock has a market capitalization of $3.51 billion, a PE ratio of 18.34 and a beta of 1.67. Tempur Sealy International, Inc. has a 12-month low of $39.57 and a 12-month high of $70.45. The company’s 50-day moving average is $61.74 and its 200 day moving average is $52.57.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. The firm had revenue of $659.30 million for the quarter, compared to analysts’ expectations of $661.65 million. Tempur Sealy International had a return on equity of 617.75% and a net margin of 6.69%. The business’s revenue for the quarter was down 18.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 EPS. On average, equities research analysts expect that Tempur Sealy International, Inc. will post $3.29 earnings per share for the current fiscal year.

Several research analysts recently issued reports on the stock. SunTrust Banks, Inc. reissued a “hold” rating and set a $60.00 target price on shares of Tempur Sealy International in a research note on Monday. Zacks Investment Research raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Wednesday, August 2nd. ValuEngine raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating in a research report on Saturday. Piper Jaffray Companies upgraded Tempur Sealy International from a “neutral” rating to an “overweight” rating and raised their target price for the company from $61.00 to $80.00 in a research note on Monday, August 14th. Finally, Stifel Nicolaus raised Tempur Sealy International from a “hold” rating to a “buy” rating and boosted their target price for the company from $60.00 to $80.00 in a research report on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, five have issued a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $63.00.

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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.

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

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