Maverick Capital Ltd. Raises Holdings in Tempur Sealy International, Inc. (NYSE:TPX)

Maverick Capital Ltd. grew its position in Tempur Sealy International, Inc. (NYSE:TPX – Free Report) by 104.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 978,708 shares of the company’s stock after purchasing an additional 499,233 shares during the quarter. Maverick Capital Ltd.’s holdings in Tempur Sealy International were worth $46,332,000 as [...]

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Maverick Capital Ltd. grew its position in Tempur Sealy International, Inc. ( NYSE:TPX – Free Report ) by 104.

1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 978,708 shares of the company’s stock after purchasing an additional 499,233 shares during the quarter.



Maverick Capital Ltd.’s holdings in Tempur Sealy International were worth $46,332,000 as of its most recent SEC filing. Several other hedge funds have also made changes to their positions in TPX.

Commerce Bank lifted its holdings in shares of Tempur Sealy International by 5.9% in the 4th quarter. Commerce Bank now owns 11,733 shares of the company’s stock worth $598,000 after buying an additional 651 shares during the period.

United Services Automobile Association boosted its position in Tempur Sealy International by 15.1% during the fourth quarter. United Services Automobile Association now owns 14,219 shares of the company’s stock valued at $725,000 after purchasing an additional 1,870 shares in the last quarter.

Treasurer of the State of North Carolina grew its stake in Tempur Sealy International by 1.0% in the fourth quarter. Treasurer of the State of North Carolina now owns 74,000 shares of the company’s stock valued at $3,772,000 after purchasing an additional 720 shares during the last quarter.

TFO Wealth Partners LLC raised its holdings in Tempur Sealy International by 16,184.0% in the fourth quarter. TFO Wealth Partners LLC now owns 4,071 shares of the company’s stock worth $207,000 after purchasing an additional 4,046 shares in the last quarter.

Finally, Makena Capital Management LLC lifted its position in shares of Tempur Sealy International by 37.2% during the fourth quarter. Makena Capital Management LLC now owns 205,995 shares of the company’s stock valued at $10,500,000 after buying an additional 55,900 shares during the last quarter.

99.86% of the stock is currently owned by hedge funds and other institutional investors. Tempur Sealy International Stock Up 0.

7 % NYSE:TPX opened at $54.05 on Friday. The company has a current ratio of 1.

21, a quick ratio of 0.68 and a debt-to-equity ratio of 5.92.

Tempur Sealy International, Inc. has a twelve month low of $36.12 and a twelve month high of $57.

13. The company has a market cap of $9.39 billion, a PE ratio of 26.

76, a P/E/G ratio of 2.30 and a beta of 1.59.

The company’s 50 day moving average is $51.21 and its two-hundred day moving average is $51.06.

Tempur Sealy International Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were paid a $0.13 dividend.

This represents a $0.52 annualized dividend and a dividend yield of 0.96%.

The ex-dividend date of this dividend was Thursday, August 15th. Tempur Sealy International’s payout ratio is 25.74%.

Wall Street Analysts Forecast Growth A number of research analysts have recently issued reports on TPX shares. Truist Financial cut their price objective on shares of Tempur Sealy International from $65.00 to $58.

00 and set a “buy” rating on the stock in a research report on Wednesday, July 10th. Wedbush lowered shares of Tempur Sealy International from an “outperform” rating to a “neutral” rating and set a $52.00 price target on the stock.

in a report on Wednesday, September 4th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $61.00 price target on shares of Tempur Sealy International in a research report on Wednesday, July 3rd.

Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.71.

Read Our Latest Analysis on Tempur Sealy International Tempur Sealy International Company Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding TPX? Visit HoldingsChannel.

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