Virtu Financial LLC Invests $420,000 in Tempur Sealy International, Inc. (NYSE:TPX)

Virtu Financial LLC purchased a new position in shares of Tempur Sealy International, Inc. (NYSE:TPX) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 7,694 shares of the company’s stock, valued at approximately $420,000.

A number of other large investors also recently bought and sold shares of the company. Toronto Dominion Bank raised its holdings in shares of Tempur Sealy International by 10.1% during the third quarter. Toronto Dominion Bank now owns 20,340 shares of the company’s stock worth $1,111,000 after purchasing an additional 1,865 shares during the period. Coldstream Capital Management Inc. raised its stake in Tempur Sealy International by 3.1% during the third quarter. Coldstream Capital Management Inc. now owns 6,488 shares of the company’s stock worth $354,000 after acquiring an additional 194 shares during the period. Geode Capital Management LLC lifted its holdings in Tempur Sealy International by 2.0% in the third quarter. Geode Capital Management LLC now owns 2,959,570 shares of the company’s stock worth $161,634,000 after acquiring an additional 57,138 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its stake in Tempur Sealy International by 323.4% in the third quarter. Y Intercept Hong Kong Ltd now owns 47,402 shares of the company’s stock valued at $2,588,000 after acquiring an additional 36,207 shares during the period. Finally, Orion Portfolio Solutions LLC grew its holdings in shares of Tempur Sealy International by 43.5% during the third quarter. Orion Portfolio Solutions LLC now owns 41,942 shares of the company’s stock valued at $2,290,000 after purchasing an additional 12,712 shares during the last quarter. Institutional investors own 99.86% of the company’s stock.

Tempur Sealy International Stock Up 2.0 %

TPX opened at $57.86 on Monday. The stock’s 50 day moving average price is $52.80 and its 200 day moving average price is $51.27. 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 stock has a market cap of $10.05 billion, a P/E ratio of 26.42, a P/E/G ratio of 2.12 and a beta of 1.64. Tempur Sealy International, Inc. has a 12 month low of $45.04 and a 12 month high of $58.44.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.01. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. Tempur Sealy International had a return on equity of 108.66% and a net margin of 7.96%. The company’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period last year, the company earned $0.77 earnings per share. As a group, research analysts predict that Tempur Sealy International, Inc. will post 2.51 earnings per share for the current year.

Tempur Sealy International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.90%. Tempur Sealy International’s dividend payout ratio (DPR) is 23.74%.

Wall Street Analysts Forecast Growth

TPX has been the subject of a number of analyst reports. Wedbush boosted their price objective on Tempur Sealy International from $49.00 to $55.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Raymond James lowered their price target on shares of Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating for the company in a research report on Friday, November 1st. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $60.67.

Tempur Sealy International 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.