Tempur Sealy International, Inc. (NYSE:TPX) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its holdings in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 2.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,952 shares of the company’s stock after selling 171 shares during the period. Janney Montgomery Scott LLC’s holdings in Tempur Sealy International were worth $337,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TPX. UMB Bank n.a. lifted its holdings in shares of Tempur Sealy International by 750.9% during the 3rd quarter. UMB Bank n.a. now owns 468 shares of the company’s stock worth $26,000 after acquiring an additional 413 shares during the period. Brooklyn Investment Group acquired a new stake in Tempur Sealy International in the 3rd quarter valued at $27,000. Versant Capital Management Inc grew its stake in shares of Tempur Sealy International by 365.2% in the fourth quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock valued at $35,000 after buying an additional 482 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Tempur Sealy International during the third quarter valued at approximately $48,000. Finally, Farther Finance Advisors LLC lifted its holdings in Tempur Sealy International by 38.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,509 shares of the company’s stock worth $82,000 after buying an additional 416 shares in the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

Tempur Sealy International Stock Up 0.5 %

TPX stock opened at $64.75 on Tuesday. Tempur Sealy International, Inc. has a 52-week low of $45.04 and a 52-week high of $68.53. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. The firm has a market capitalization of $11.24 billion, a P/E ratio of 29.56, a P/E/G ratio of 2.07 and a beta of 1.64. The company’s 50 day simple moving average is $58.25 and its 200-day simple moving average is $54.07.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Bank of America upped their target price on Tempur Sealy International from $60.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. UBS Group upped their price objective on Tempur Sealy International from $67.00 to $78.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Wedbush reiterated an “outperform” rating and set a $80.00 price objective (up from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. Piper Sandler increased their target price on shares of Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Finally, Raymond James lowered their price target on Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating on the stock in a research report on Friday, November 1st. Eight investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Tempur Sealy International currently has an average rating of “Buy” and a consensus price target of $71.75.

About Tempur Sealy International

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.