PSI Advisors LLC Has $96,000 Stake in Tempur Sealy International, Inc. (NYSE:TPX)

PSI Advisors LLC increased its holdings in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 240.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,700 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. PSI Advisors LLC’s holdings in Tempur Sealy International were worth $96,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Kieckhefer Group LLC acquired a new position in Tempur Sealy International in the fourth quarter valued at about $994,000. Matrix Trust Co acquired a new position in Tempur Sealy International during the fourth quarter valued at approximately $156,000. Wealth Enhancement Advisory Services LLC lifted its stake in Tempur Sealy International by 7.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,055 shares of the company’s stock worth $276,000 after purchasing an additional 345 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in shares of Tempur Sealy International in the 4th quarter valued at $221,000. Finally, Versant Capital Management Inc increased its stake in shares of Tempur Sealy International by 365.2% in the 4th quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock valued at $35,000 after purchasing an additional 482 shares during the last quarter. 99.86% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on TPX. Wedbush upped their price objective on Tempur Sealy International from $49.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Truist Financial boosted their target price on Tempur Sealy International from $58.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Raymond James reduced their price target on shares of Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating on the stock in a research note on Friday, November 1st. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $61.50.

Tempur Sealy International Price Performance

Tempur Sealy International stock opened at $55.97 on Tuesday. The stock has a 50-day moving average price of $55.34 and a two-hundred day moving average price of $52.29. Tempur Sealy International, Inc. has a 12 month low of $45.04 and a 12 month high of $58.44. The company has a market capitalization of $9.72 billion, a PE ratio of 25.56, a P/E/G ratio of 2.12 and a beta of 1.63. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the business earned $0.77 EPS. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. Analysts expect that Tempur Sealy International, Inc. will post 2.51 EPS for the current year.

Tempur Sealy International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Thursday, November 21st were paid a $0.13 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.52 annualized dividend and a dividend yield of 0.93%. Tempur Sealy International’s dividend payout ratio is 23.74%.

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.