Texas Permanent School Fund lessened its stake in shares of Tempur Sealy International Inc (NYSE:TPX) by 7.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 31,131 shares of the company’s stock after selling 2,362 shares during the period. Texas Permanent School Fund’s holdings in Tempur Sealy International were worth $1,952,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in TPX. Greenlight Capital Inc. lifted its position in shares of Tempur Sealy International by 900.0% during the 3rd quarter. Greenlight Capital Inc. now owns 4,000,000 shares of the company’s stock valued at $258,080,000 after acquiring an additional 3,600,000 shares during the last quarter. Davidson Kempner Capital Management LP acquired a new stake in shares of Tempur Sealy International during the 2nd quarter valued at $16,017,000. Dimensional Fund Advisors LP lifted its position in shares of Tempur Sealy International by 66.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 686,566 shares of the company’s stock valued at $44,296,000 after acquiring an additional 274,500 shares during the last quarter. OxFORD Asset Management LLP lifted its position in shares of Tempur Sealy International by 384.9% during the 3rd quarter. OxFORD Asset Management LLP now owns 99,819 shares of the company’s stock valued at $6,507,000 after acquiring an additional 79,234 shares during the last quarter. Finally, Oberndorf William E acquired a new stake in shares of Tempur Sealy International during the 3rd quarter valued at $4,791,000.
In other Tempur Sealy International news, EVP Richard W. Anderson sold 24,345 shares of the business’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $64.99, for a total transaction of $1,582,181.55. Following the sale, the executive vice president now directly owns 78,236 shares of the company’s stock, valued at approximately $5,084,557.64. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.10% of the stock is owned by insiders.
TPX has been the subject of a number of recent research reports. Zacks Investment Research downgraded Tempur Sealy International from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. TheStreet upgraded Tempur Sealy International from a “c” rating to a “b” rating in a research report on Thursday, November 2nd. ValuEngine downgraded shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Raymond James Financial reissued a “buy” rating on shares of Tempur Sealy International in a research note on Thursday, December 7th. Finally, SunTrust Banks reissued a “hold” rating and set a $55.00 target price on shares of Tempur Sealy International in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $66.50.
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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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