Tupperware Brands Corporation (NYSE:TUP) EVP Thomas M. Roehlk sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $59.39, for a total value of $118,780.00. Following the completion of the transaction, the executive vice president now directly owns 10,765 shares of the company’s stock, valued at approximately $639,333.35. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Tupperware Brands Corporation (NYSE TUP) opened at $59.01 on Tuesday. Tupperware Brands Corporation has a twelve month low of $52.32 and a twelve month high of $74.36. The company has a market capitalization of $2,993.71, a price-to-earnings ratio of 12.52, a P/E/G ratio of 1.03 and a beta of 1.72. The company has a quick ratio of 0.52, a current ratio of 0.98 and a debt-to-equity ratio of 2.56.
Tupperware Brands Corporation (NYSE:TUP) last announced its earnings results 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 company had revenue of $539.50 million for the quarter, compared to analysts’ expectations of $538.80 million. Tupperware Brands Corporation had a return on equity of 101.23% and a net margin of 6.18%. Tupperware Brands Corporation’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS. analysts anticipate that Tupperware Brands Corporation will post 4.75 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th will be issued a dividend of $0.68 per share. 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 dividend payout ratio is presently 98.91%.
Several research firms recently weighed in on TUP. Morgan Stanley upped their price target on Tupperware Brands Corporation from $71.00 to $72.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 26th. BidaskClub downgraded Tupperware Brands Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Zacks Investment Research downgraded Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, July 29th. TheStreet downgraded Tupperware Brands Corporation from a “b-” rating to a “c” rating in a research note on Thursday, August 10th. Finally, SunTrust Banks, Inc. reiterated a “hold” rating and set a $65.00 target price on shares of Tupperware Brands Corporation in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $68.33.
A number of large investors have recently bought and sold shares of TUP. Tower Research Capital LLC TRC bought a new stake in Tupperware Brands Corporation during the second quarter valued at about $121,000. Ffcm LLC raised its holdings in Tupperware Brands Corporation by 146.1% during the second quarter. Ffcm LLC now owns 1,846 shares of the company’s stock valued at $130,000 after acquiring an additional 1,096 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Tupperware Brands Corporation by 9.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,889 shares of the company’s stock valued at $133,000 after acquiring an additional 167 shares during the period. Mascoma Wealth Management LLC grew its position in shares of Tupperware Brands Corporation by 5,000.0% during the second quarter. Mascoma Wealth Management LLC now owns 2,142 shares of the company’s stock valued at $150,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Mckinley Capital Management LLC Delaware grew its position in shares of Tupperware Brands Corporation by 1,157.7% during the third quarter. Mckinley Capital Management LLC Delaware now owns 2,440 shares of the company’s stock valued at $151,000 after purchasing an additional 2,246 shares in the last quarter. 85.39% of the stock is currently owned by institutional investors and hedge funds.
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.
Receive News & Ratings for Tupperware Brands Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tupperware Brands Corporation and related companies with MarketBeat.com's FREE daily email newsletter.