Tupperware Brands Co. (NYSE:TUP) EVP Thomas M. Roehlk sold 2,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $62.43, for a total transaction of $124,860.00. Following the sale, the executive vice president now owns 6,765 shares in the company, valued at $422,338.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Tupperware Brands Co. (NYSE:TUP) traded down $0.05 on Thursday, hitting $63.40. The stock had a trading volume of 416,800 shares, compared to its average volume of 372,200. The firm has a market cap of $3,230.00, a price-to-earnings ratio of 23.05, a price-to-earnings-growth ratio of 1.03 and a beta of 1.75. 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 one year low of $53.65 and a one year high of $74.36.
Tupperware Brands (NYSE:TUP) last released its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.09. Tupperware Brands had a return on equity of 101.23% and a net margin of 6.18%. The business had revenue of $539.50 million during the quarter, compared to analyst estimates of $538.80 million. During the same quarter in the previous year, the firm posted $0.87 EPS. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. sell-side analysts forecast that Tupperware Brands Co. will post 4.75 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $2.72 dividend on an annualized basis and a yield of 4.29%. Tupperware Brands’s dividend payout ratio (DPR) is presently 98.91%.
TUP has been the subject of several analyst reports. Zacks Investment Research upgraded Tupperware Brands from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. ValuEngine raised Tupperware Brands from a “hold” rating to a “buy” rating in a research note on Thursday, January 4th. KeyCorp reaffirmed a “hold” rating on shares of Tupperware Brands in a research note on Saturday, November 25th. SunTrust Banks reissued a “hold” rating and issued a $65.00 price target on shares of Tupperware Brands in a research note on Friday, October 27th. Finally, TheStreet raised Tupperware Brands from a “c” rating to a “b-” rating in a research note on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. Tupperware Brands currently has a consensus rating of “Hold” and an average target price of $68.83.
A number of hedge funds have recently made changes to their positions in the business. Schwab Charles Investment Management Inc. raised its stake in shares of Tupperware Brands by 4.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 241,903 shares of the company’s stock worth $16,989,000 after buying an additional 10,891 shares in the last quarter. State of Wisconsin Investment Board raised its position in shares of Tupperware Brands by 0.7% during the second quarter. State of Wisconsin Investment Board now owns 10,073 shares of the company’s stock worth $707,000 after purchasing an additional 70 shares during the period. Legal & General Group Plc raised its position in shares of Tupperware Brands by 14.2% during the second quarter. Legal & General Group Plc now owns 63,239 shares of the company’s stock worth $4,441,000 after purchasing an additional 7,841 shares during the period. State Board of Administration of Florida Retirement System raised its position in shares of Tupperware Brands by 0.3% during the second quarter. State Board of Administration of Florida Retirement System now owns 67,679 shares of the company’s stock worth $4,753,000 after purchasing an additional 203 shares during the period. Finally, Robeco Institutional Asset Management B.V. acquired a new stake in shares of Tupperware Brands during the second quarter worth $2,222,000. Institutional investors own 83.71% 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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