Kestra Private Wealth Services LLC Has $696,000 Stake in Tempur Sealy International, Inc. (NYSE:TPX)

Kestra Private Wealth Services LLC decreased its stake in Tempur Sealy International, Inc. (NYSE:TPXFree Report) by 4.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,049 shares of the company’s stock after selling 823 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Tempur Sealy International were worth $696,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Strs Ohio raised its position in shares of Tempur Sealy International by 3.1% during the second quarter. Strs Ohio now owns 137,500 shares of the company’s stock worth $5,509,000 after purchasing an additional 4,100 shares during the period. Cerity Partners LLC increased its stake in shares of Tempur Sealy International by 39.2% in the 2nd quarter. Cerity Partners LLC now owns 26,935 shares of the company’s stock valued at $1,079,000 after purchasing an additional 7,590 shares during the last quarter. Barclays PLC grew its position in Tempur Sealy International by 78.5% during the 3rd quarter. Barclays PLC now owns 954,306 shares of the company’s stock worth $41,359,000 after acquiring an additional 419,638 shares during the last quarter. D1 Capital Partners L.P. grew its position in Tempur Sealy International by 57.2% during the 2nd quarter. D1 Capital Partners L.P. now owns 9,441,785 shares of the company’s stock worth $378,332,000 after acquiring an additional 3,435,000 shares during the last quarter. Finally, Kinetic Partners Management LP grew its position in shares of Tempur Sealy International by 65.0% in the 2nd quarter. Kinetic Partners Management LP now owns 1,043,404 shares of the company’s stock valued at $41,809,000 after buying an additional 411,008 shares during the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

Tempur Sealy International Stock Up 0.3 %

Shares of NYSE:TPX opened at $50.71 on Wednesday. The stock’s 50-day moving average price is $49.13 and its 200-day moving average price is $44.76. Tempur Sealy International, Inc. has a 12-month low of $34.98 and a 12-month high of $52.41. The stock has a market capitalization of $8.74 billion, a P/E ratio of 22.95, a price-to-earnings-growth ratio of 1.85 and a beta of 1.56. The company has a current ratio of 1.18, a quick ratio of 0.72 and a debt-to-equity ratio of 11.86.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TPX. KeyCorp upped their price target on Tempur Sealy International from $48.00 to $56.00 and gave the stock an “overweight” rating in a research note on Friday, December 15th. Wedbush reissued an “outperform” rating and set a $50.00 price objective on shares of Tempur Sealy International in a report on Wednesday, December 13th. Truist Financial decreased their price objective on Tempur Sealy International from $55.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, October 17th. Piper Sandler raised Tempur Sealy International from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $41.00 to $61.00 in a report on Thursday, January 18th. Finally, Raymond James increased their price objective on Tempur Sealy International from $45.00 to $58.00 and gave the company a “strong-buy” rating in a report on Friday, January 19th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $54.83.

Get Our Latest Report on TPX

About Tempur Sealy International

(Free Report)

Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, markets, and distributes 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, and Cocoon by Sealy brand names.

Further Reading

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

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