Tupperware Brands Co. (NYSE:TUP) EVP Sells 2,000 Shares

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.

Insider Buying and Selling by Quarter for Tupperware Brands (NYSE:TUP)

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