Brandywine Global Investment Management LLC grew its stake in Tempur Sealy International Inc (NYSE:TPX) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 193,867 shares of the company’s stock after buying an additional 7,971 shares during the period. Brandywine Global Investment Management LLC owned 0.36% of Tempur Sealy International worth $12,154,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Capital Guardian Trust Co. acquired a new position in shares of Tempur Sealy International in the 3rd quarter valued at $132,000. Amundi Pioneer Asset Management Inc. acquired a new position in shares of Tempur Sealy International in the 4th quarter valued at $167,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Tempur Sealy International in the 3rd quarter valued at $219,000. State of Alaska Department of Revenue acquired a new position in shares of Tempur Sealy International in the 4th quarter valued at $218,000. Finally, Teacher Retirement System of Texas acquired a new position in shares of Tempur Sealy International in the 3rd quarter valued at $243,000.
In related news, EVP Richard W. Anderson sold 24,345 shares of the company’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $64.99, for a total value of $1,582,181.55. Following the completion of the sale, the executive vice president now owns 78,236 shares in the company, valued at approximately $5,084,557.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.10% of the stock is owned by corporate insiders.
Shares of Tempur Sealy International Inc (NYSE:TPX) opened at $49.12 on Tuesday. Tempur Sealy International Inc has a 12-month low of $39.57 and a 12-month high of $68.05. The company has a market cap of $2,670.00, a price-to-earnings ratio of 21.08, a P/E/G ratio of 0.62 and a beta of 1.39. The company has a debt-to-equity ratio of 14.94, a current ratio of 1.05 and a quick ratio of 0.74.
Tempur Sealy International (NYSE:TPX) last released its quarterly earnings results on Thursday, February 22nd. The company reported $0.79 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.03). Tempur Sealy International had a net margin of 5.54% and a return on equity of 348.78%. The business had revenue of $648.20 million during the quarter, compared to analysts’ expectations of $679.41 million. During the same quarter last year, the company earned $1.18 EPS. The firm’s revenue for the quarter was down 15.9% compared to the same quarter last year. equities analysts forecast that Tempur Sealy International Inc will post 3.79 earnings per share for the current year.
About Tempur Sealy International
Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.
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