Fuller & Thaler Asset Management Inc. Has $50.05 Million Position in Tupperware Brands Co. (TUP)

Fuller & Thaler Asset Management Inc. grew its position in Tupperware Brands Co. (NYSE:TUP) by 0.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 809,669 shares of the company’s stock after acquiring an additional 5,141 shares during the period. Fuller & Thaler Asset Management Inc. owned 1.59% of Tupperware Brands worth $50,054,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in TUP. Intl Fcstone Inc. acquired a new stake in shares of Tupperware Brands in the 2nd quarter valued at about $496,000. Fox Run Management L.L.C. lifted its position in Tupperware Brands by 83.5% in the 3rd quarter. Fox Run Management L.L.C. now owns 15,600 shares of the company’s stock valued at $964,000 after acquiring an additional 7,100 shares in the last quarter. Sei Investments Co. lifted its position in Tupperware Brands by 15.0% in the 2nd quarter. Sei Investments Co. now owns 47,064 shares of the company’s stock valued at $3,304,000 after acquiring an additional 6,139 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Tupperware Brands by 2.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 838,830 shares of the company’s stock valued at $58,910,000 after acquiring an additional 20,834 shares in the last quarter. Finally, Louisiana State Employees Retirement System lifted its position in Tupperware Brands by 3.1% in the 2nd quarter. Louisiana State Employees Retirement System now owns 13,200 shares of the company’s stock valued at $927,000 after acquiring an additional 400 shares in the last quarter. 83.92% of the stock is owned by institutional investors and hedge funds.

Shares of Tupperware Brands Co. (TUP) traded up $0.44 during trading on Thursday, reaching $62.06. 480,464 shares of the company were exchanged, compared to its average volume of 501,952. The company has a current ratio of 0.98, a quick ratio of 0.52 and a debt-to-equity ratio of 2.56. Tupperware Brands Co. has a 12 month low of $52.32 and a 12 month high of $74.36. The company has a market capitalization of $3,135.18, a P/E ratio of 13.11, a price-to-earnings-growth ratio of 1.08 and a beta of 1.75.

Tupperware Brands (NYSE:TUP) last posted its earnings results on Wednesday, October 25th. The company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.09. Tupperware Brands had a net margin of 6.18% and a return on equity of 101.23%. The company had revenue of $539.50 million during the quarter, compared to analysts’ expectations of $538.80 million. During the same period last year, the company posted $0.87 earnings per share. Tupperware Brands’s quarterly revenue was up 3.4% on a year-over-year basis. equities research analysts predict that Tupperware Brands Co. will post 4.75 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Wednesday, December 20th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Tuesday, December 19th. This represents a $2.72 annualized dividend and a dividend yield of 4.38%. Tupperware Brands’s dividend payout ratio (DPR) is presently 98.91%.

In related news, EVP Thomas M. Roehlk sold 2,000 shares of Tupperware Brands stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $62.07, for a total transaction of $124,140.00. Following the completion of the sale, the executive vice president now owns 10,665 shares in the company, valued at approximately $661,976.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman E V. Goings sold 44,600 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $59.26, for a total transaction of $2,642,996.00. Following the completion of the sale, the chairman now owns 54,059 shares of the company’s stock, valued at approximately $3,203,536.34. The disclosure for this sale can be found here. Insiders sold a total of 50,600 shares of company stock valued at $3,009,036 in the last 90 days. Company insiders own 3.22% of the company’s stock.

TUP has been the topic of several recent analyst reports. ValuEngine cut shares of Tupperware Brands from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research cut shares of Tupperware Brands from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. KeyCorp restated a “hold” rating on shares of Tupperware Brands in a research report on Thursday, October 12th. Citigroup boosted their price target on shares of Tupperware Brands from $67.00 to $68.00 and gave the company a “neutral” rating in a research report on Monday, October 2nd. Finally, Morgan Stanley upped their target price on shares of Tupperware Brands from $71.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $68.33.

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About Tupperware Brands

Tupperware Brands Corporation is a global direct-to-consumer company. The Company operates through five segments in three geographic regions: Europe (Europe, Africa and the Middle East), Asia Pacific and the Americas. Its segments are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America.

Institutional Ownership by Quarter for Tupperware Brands (NYSE:TUP)

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