55,449 Shares in Tempur Sealy International, Inc. (NYSE:TPX) Purchased by Strata Wealth Advisors LLC

Strata Wealth Advisors LLC bought a new stake in Tempur Sealy International, Inc. (NYSE:TPX - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 55,449 shares of the company's stock, valued at approximately $2,826,000. Tempur Sealy International makes up 1.1% of Strata Wealth Advisors LLC's investment portfolio, making the stock its 16th biggest holding.

Other large investors have also recently modified their holdings of the company. Parkside Financial Bank & Trust boosted its holdings in shares of Tempur Sealy International by 67.5% in the 1st quarter. Parkside Financial Bank & Trust now owns 1,241 shares of the company's stock valued at $34,000 after purchasing an additional 500 shares in the last quarter. Belpointe Asset Management LLC boosted its holdings in shares of Tempur Sealy International by 72.6% during the 1st quarter. Belpointe Asset Management LLC now owns 1,177 shares of the company's stock valued at $46,000 after acquiring an additional 495 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of Tempur Sealy International by 37.7% during the 3rd quarter. Fifth Third Bancorp now owns 1,537 shares of the company's stock valued at $67,000 after acquiring an additional 421 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Tempur Sealy International by 4,996.3% during the 4th quarter. International Assets Investment Management LLC now owns 1,376 shares of the company's stock valued at $70,000 after acquiring an additional 1,349 shares in the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of Tempur Sealy International during the 2nd quarter valued at $72,000. Institutional investors and hedge funds own 99.86% of the company's stock.

Tempur Sealy International Trading Down 1.6 %

NYSE:TPX traded down $0.78 during trading hours on Friday, hitting $48.76. 1,478,355 shares of the company were exchanged, compared to its average volume of 1,568,167. The stock has a market capitalization of $8.47 billion, a price-to-earnings ratio of 23.56, a price-to-earnings-growth ratio of 1.15 and a beta of 1.56. The company has a current ratio of 1.21, a quick ratio of 0.68 and a debt-to-equity ratio of 7.81. Tempur Sealy International, Inc. has a one year low of $34.98 and a one year high of $57.13. The company has a fifty day simple moving average of $53.03 and a 200 day simple moving average of $47.87.

Tempur Sealy International (NYSE:TPX - Get Free Report) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.01). Tempur Sealy International had a return on equity of 239.67% and a net margin of 7.47%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same period last year, the business posted $0.54 earnings per share. The business's revenue was down 1.4% on a year-over-year basis. Sell-side analysts expect that Tempur Sealy International, Inc. will post 2.75 EPS for the current fiscal year.

Tempur Sealy International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Thursday, February 22nd were given a $0.13 dividend. The ex-dividend date was Wednesday, February 21st. This is a positive change from Tempur Sealy International's previous quarterly dividend of $0.11. This represents a $0.52 annualized dividend and a dividend yield of 1.07%. Tempur Sealy International's dividend payout ratio (DPR) is 25.12%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TPX. Wedbush reissued an "outperform" rating and set a $66.00 price objective on shares of Tempur Sealy International in a report on Wednesday, April 10th. KeyCorp raised their price objective on Tempur Sealy International from $56.00 to $60.00 and gave the company an "overweight" rating in a report on Friday, February 9th. Loop Capital raised Tempur Sealy International from a "hold" rating to a "buy" rating and raised their price objective for the company from $50.00 to $75.00 in a report on Monday, March 25th. Piper Sandler raised Tempur Sealy International from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $41.00 to $61.00 in a report on Thursday, January 18th. Finally, Raymond James raised their target price on Tempur Sealy International from $45.00 to $58.00 and gave the stock a "strong-buy" rating in a research report on Friday, January 19th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Tempur Sealy International presently has an average rating of "Buy" and a consensus price target of $62.71.

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.