Tupperware Brands Co. (NYSE:TUP) EVP Thomas M. Roehlk sold 2,000 shares of the 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 sale, the executive vice president now directly owns 10,665 shares in the company, valued at $661,976.55. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Tupperware Brands Co. (NYSE:TUP) traded up $1.05 on Thursday, hitting $64.14. 427,100 shares of the company were exchanged, compared to its average volume of 501,909. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.52 and a current ratio of 0.98. The stock has a market capitalization of $3,210.49, a P/E ratio of 13.42, a price-to-earnings-growth ratio of 1.11 and a beta of 1.75. Tupperware Brands Co. has a one year low of $52.32 and a one year high of $74.36.
Tupperware Brands (NYSE:TUP) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $538.80 million. During the same quarter last year, the firm posted $0.87 earnings per share. The firm’s revenue was up 3.4% compared to the same quarter last year. research analysts predict that Tupperware Brands Co. will post 4.75 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th will be paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 4.24%. The ex-dividend date is Tuesday, December 19th. Tupperware Brands’s payout ratio is 98.91%.
Several analysts recently commented on the stock. Zacks Investment Research raised shares of Tupperware Brands from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a research report on Wednesday. Morgan Stanley raised their price target on shares of Tupperware Brands from $71.00 to $72.00 and gave the company an “equal weight” rating in a report on Thursday, October 26th. KeyCorp reaffirmed a “hold” rating on shares of Tupperware Brands in a report on Saturday, November 25th. Citigroup raised their price target on shares of Tupperware Brands from $67.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, October 2nd. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $65.00 price target on shares of Tupperware Brands in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $68.83.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its position in Tupperware Brands by 0.8% in the third quarter. Principal Financial Group Inc. now owns 1,135,842 shares of the company’s stock worth $70,217,000 after purchasing an additional 8,594 shares during the last quarter. Schroder Investment Management Group increased its position in Tupperware Brands by 0.5% in the third quarter. Schroder Investment Management Group now owns 1,010,023 shares of the company’s stock worth $61,844,000 after purchasing an additional 4,611 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Tupperware Brands by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 929,056 shares of the company’s stock worth $57,433,000 after purchasing an additional 11,710 shares during the last quarter. Huber Capital Management LLC increased its position in Tupperware Brands by 44.3% in the third quarter. Huber Capital Management LLC now owns 904,724 shares of the company’s stock worth $55,930,000 after purchasing an additional 277,660 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Tupperware Brands by 0.9% in the third quarter. Bank of New York Mellon Corp now owns 846,231 shares of the company’s stock worth $52,314,000 after purchasing an additional 7,401 shares during the last quarter. Institutional investors own 83.91% of the company’s stock.
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Tupperware Brands Company Profile
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.
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