19,168 Shares in Tupperware Brands Corporation (TUP) Purchased by Stevens Capital Management LP

Stevens Capital Management LP acquired a new stake in shares of Tupperware Brands Corporation (NYSE:TUP) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,168 shares of the company’s stock, valued at approximately $1,185,000.

Several other large investors have also made changes to their positions in the company. Principal Financial Group Inc. increased its stake in shares of Tupperware Brands Corporation by 143.0% in the second quarter. Principal Financial Group Inc. now owns 1,127,248 shares of the company’s stock valued at $79,167,000 after buying an additional 663,454 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Tupperware Brands Corporation by 1.8% in the second quarter. Dimensional Fund Advisors LP now owns 917,346 shares of the company’s stock valued at $64,424,000 after buying an additional 16,545 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Tupperware Brands Corporation by 2.5% in the second quarter. Bank of New York Mellon Corp now owns 838,830 shares of the company’s stock valued at $58,910,000 after buying an additional 20,834 shares in the last quarter. Thrivent Financial For Lutherans increased its stake in shares of Tupperware Brands Corporation by 34.9% in the second quarter. Thrivent Financial For Lutherans now owns 533,091 shares of the company’s stock valued at $37,439,000 after buying an additional 137,790 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Tupperware Brands Corporation by 17.9% in the second quarter. Goldman Sachs Group Inc. now owns 520,669 shares of the company’s stock valued at $36,567,000 after buying an additional 78,961 shares in the last quarter. Institutional investors own 85.39% of the company’s stock.

In other Tupperware Brands Corporation news, EVP Thomas M. Roehlk sold 2,000 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $61.56, for a total transaction of $123,120.00. Following the transaction, the executive vice president now owns 12,765 shares in the company, valued at $785,813.40. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman E V. Goings sold 44,600 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $59.26, for a total value of $2,642,996.00. Following the transaction, the chairman now owns 54,059 shares in the company, valued at approximately $3,203,536.34. The disclosure for this sale can be found here. Over the last quarter, insiders sold 50,600 shares of company stock valued at $3,001,976. Corporate insiders own 3.14% of the company’s stock.

TUP has been the subject of a number of research reports. BidaskClub lowered Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research lowered Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, July 29th. TheStreet lowered Tupperware Brands Corporation from a “b-” rating to a “c” rating in a research note on Thursday, August 10th. ValuEngine lowered Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Citigroup Inc. raised their target price on Tupperware Brands Corporation from $67.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, October 2nd. 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 company. Tupperware Brands Corporation has a consensus rating of “Hold” and a consensus price target of $68.33.

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Shares of Tupperware Brands Corporation (TUP) opened at $59.01 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The company has a market capitalization of $2,993.71, a PE ratio of 12.52, a P/E/G ratio of 1.03 and a beta of 1.72. Tupperware Brands Corporation has a 12-month low of $52.32 and a 12-month high of $74.36.

Tupperware Brands Corporation (NYSE:TUP) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 EPS for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.09. The firm had revenue of $539.50 million during the quarter, compared to analyst estimates of $538.80 million. Tupperware Brands Corporation had a return on equity of 101.23% and a net margin of 6.18%. The company’s revenue was up 3.4% on a year-over-year basis. During the same period last year, the company earned $0.87 earnings per share. analysts anticipate that Tupperware Brands Corporation will post 4.75 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be given a $0.68 dividend. The ex-dividend date is Tuesday, December 19th. This represents a $2.72 dividend on an annualized basis and a yield of 4.61%. Tupperware Brands Corporation’s payout ratio is 98.91%.

About Tupperware Brands Corporation

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 Corporation (NYSE:TUP)

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