Tempur Sealy International Inc (TPX) Shares Sold by Augustine Asset Management Inc.

Augustine Asset Management Inc. lowered its stake in Tempur Sealy International Inc (NYSE:TPX) by 35.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,301 shares of the company’s stock after selling 9,406 shares during the period. Augustine Asset Management Inc.’s holdings in Tempur Sealy International were worth $716,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TPX. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Tempur Sealy International by 16.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,382 shares of the company’s stock worth $140,000 after acquiring an additional 471 shares during the period. Rehmann Capital Advisory Group increased its stake in shares of Tempur Sealy International by 5,189.8% in the third quarter. Rehmann Capital Advisory Group now owns 9,310 shares of the company’s stock worth $176,000 after acquiring an additional 9,134 shares during the period. Dupont Capital Management Corp acquired a new stake in shares of Tempur Sealy International in the fourth quarter worth $199,000. Sheaff Brock Investment Advisors LLC acquired a new stake in shares of Tempur Sealy International in the third quarter worth $206,000. Finally, First Hawaiian Bank acquired a new stake in shares of Tempur Sealy International in the third quarter worth $218,000.

A number of research firms have recently weighed in on TPX. ValuEngine upgraded shares of Tempur Sealy International from a “sell” rating to a “hold” rating in a research note on Monday, November 26th. Guggenheim upgraded shares of Tempur Sealy International from a “neutral” rating to a “buy” rating in a research note on Monday, January 7th. Zacks Investment Research lowered shares of Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Wednesday, October 24th. Loop Capital reiterated a “sell” rating on shares of Tempur Sealy International in a research note on Thursday, November 1st. Finally, Barclays began coverage on shares of Tempur Sealy International in a research note on Monday, January 28th. They issued an “overweight” rating and a $70.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $59.44.

TPX stock opened at $54.48 on Thursday. The firm has a market cap of $2.91 billion, a P/E ratio of 17.03, a PEG ratio of 0.76 and a beta of 1.83. The company has a current ratio of 1.20, a quick ratio of 0.90 and a debt-to-equity ratio of 7.71. Tempur Sealy International Inc has a one year low of $38.90 and a one year high of $59.51.

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About Tempur Sealy International

Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products. The company operates through two segments, North America and International. It provides mattresses, foundations, and adjustable bases, as well as other products comprising pillows and other accessories under the TEMPUR, Tempur-Pedic, Sealy, and Stearns & Foster brands.

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

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