Entropy Technologies LP Invests $1.06 Million in Tempur Sealy International, Inc. (NYSE:TPX)

Entropy Technologies LP bought a new stake in Tempur Sealy International, Inc. (NYSE:TPX) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 18,654 shares of the company’s stock, valued at approximately $1,057,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UMB Bank n.a. grew its stake 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 in the last quarter. Brooklyn Investment Group acquired a new position in Tempur Sealy International during the third quarter worth $27,000. Versant Capital Management Inc boosted its holdings in Tempur Sealy International by 365.2% during the fourth quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock worth $35,000 after purchasing an additional 482 shares during the last quarter. Truvestments Capital LLC bought a new position in Tempur Sealy International in the third quarter valued at $48,000. Finally, Farther Finance Advisors LLC increased its stake 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 valued at $82,000 after buying an additional 416 shares during the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

Analyst Upgrades and Downgrades

TPX has been the subject of a number of recent research reports. Bank of America increased their price objective on shares of Tempur Sealy International from $60.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. Piper Sandler raised their price target on Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. William Blair raised Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. KeyCorp increased their price objective on Tempur Sealy International from $70.00 to $74.00 and gave the company an “overweight” rating in a report on Friday. Finally, Truist Financial boosted their target price on shares of Tempur Sealy International from $63.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $71.75.

Tempur Sealy International Stock Up 0.5 %

TPX opened at $64.75 on Tuesday. The stock’s fifty day simple moving average is $58.25 and its 200 day simple moving average is $54.07. Tempur Sealy International, Inc. has a 1-year low of $45.04 and a 1-year high of $68.53. The stock has a market cap of $11.24 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 2.07 and a beta of 1.64. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95.

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.