Tupperware Brands Co. (NYSE:TUP) EVP Thomas M. Roehlk sold 2,000 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $62.43, for a total value of $124,860.00. Following the sale, the executive vice president now owns 6,765 shares in the company, valued at approximately $422,338.95. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Shares of Tupperware Brands Co. (NYSE:TUP) opened at $63.37 on Friday. Tupperware Brands Co. has a 52-week low of $53.65 and a 52-week high of $74.36. The company has a market capitalization of $3,210.00, a PE ratio of 23.04, a price-to-earnings-growth ratio of 1.02 and a beta of 1.75. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.52.
Tupperware Brands (NYSE:TUP) last released its quarterly earnings results on Wednesday, October 25th. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Tupperware Brands had a return on equity of 101.23% and a net margin of 6.18%. The firm had revenue of $539.50 million for the quarter, compared to analyst estimates of $538.80 million. During the same quarter in the previous year, the company posted $0.87 EPS. The business’s revenue was up 3.4% on a year-over-year basis. equities research analysts expect that Tupperware Brands Co. will post 4.75 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th were given a $0.68 dividend. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.29%. Tupperware Brands’s dividend payout ratio (DPR) is presently 98.91%.
A number of brokerages recently weighed in on TUP. Zacks Investment Research upgraded Tupperware Brands from a “sell” rating to a “hold” rating in a research report on Saturday. Morgan Stanley boosted their price objective on Tupperware Brands from $71.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 26th. ValuEngine upgraded Tupperware Brands from a “hold” rating to a “buy” rating in a research report on Thursday. KeyCorp restated a “hold” rating on shares of Tupperware Brands in a research report on Saturday, November 25th. Finally, Citigroup boosted their price objective on Tupperware Brands from $67.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, October 2nd. One 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 has a consensus rating of “Hold” and an average price target of $68.83.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TUP. Schwab Charles Investment Management Inc. grew its position 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 valued at $16,989,000 after buying an additional 10,891 shares during the last quarter. State of Wisconsin Investment Board grew its position in shares of Tupperware Brands by 0.7% in the 2nd quarter. State of Wisconsin Investment Board now owns 10,073 shares of the company’s stock valued at $707,000 after buying an additional 70 shares during the last quarter. Legal & General Group Plc grew its position in shares of Tupperware Brands by 14.2% in the 2nd quarter. Legal & General Group Plc now owns 63,239 shares of the company’s stock valued at $4,441,000 after buying an additional 7,841 shares during the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of Tupperware Brands by 0.3% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 67,679 shares of the company’s stock valued at $4,753,000 after buying an additional 203 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. bought a new stake in shares of Tupperware Brands in the 2nd quarter valued at about $2,222,000. Hedge funds and other 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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