Tupperware Brands Corporation (NYSE:TUP) EVP Thomas M. Roehlk Sells 2,000 Shares

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%.

ILLEGAL ACTIVITY NOTICE: “Tupperware Brands Corporation (NYSE:TUP) EVP Thomas M. Roehlk Sells 2,000 Shares” was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. If you are viewing this news story on another domain, it was stolen and republished in violation of U.S. and international copyright laws. The original version of this news story can be accessed at https://www.truebluetribune.com/2017/11/14/thomas-m-roehlk-sells-2000-shares-of-tupperware-brands-corporation-tup-stock-2.html.

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.

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

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.

Latest News

Leave a Reply