Tupperware Brands (NYSE:TUP) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Tupperware Brands (NYSE:TUP) in a report released on Wednesday morning. The brokerage issued a hold rating on the stock.

Tupperware Brands Stock Up 3.7 %

TUP stock opened at $1.39 on Wednesday. The firm has a market capitalization of $64.32 million, a PE ratio of -3.47 and a beta of 2.76. Tupperware Brands has a twelve month low of $0.61 and a twelve month high of $5.91. The stock’s 50 day moving average is $1.50 and its 200-day moving average is $1.72.

Institutional Trading of Tupperware Brands

Institutional investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its holdings in Tupperware Brands by 5.1% during the second quarter. BNP Paribas Arbitrage SA now owns 27,412 shares of the company’s stock worth $174,000 after purchasing an additional 1,319 shares during the last quarter. Advisor Group Holdings Inc. boosted its stake in shares of Tupperware Brands by 48.3% in the 1st quarter. Advisor Group Holdings Inc. now owns 7,419 shares of the company’s stock worth $143,000 after buying an additional 2,417 shares during the last quarter. UBS Asset Management Americas Inc. grew its holdings in shares of Tupperware Brands by 6.0% in the second quarter. UBS Asset Management Americas Inc. now owns 58,323 shares of the company’s stock valued at $370,000 after acquiring an additional 3,280 shares in the last quarter. Royal Bank of Canada increased its position in shares of Tupperware Brands by 7.6% during the third quarter. Royal Bank of Canada now owns 53,721 shares of the company’s stock valued at $351,000 after acquiring an additional 3,804 shares during the last quarter. Finally, Citigroup Inc. lifted its holdings in Tupperware Brands by 10.7% during the first quarter. Citigroup Inc. now owns 42,679 shares of the company’s stock worth $830,000 after acquiring an additional 4,138 shares during the period. Institutional investors own 25.06% of the company’s stock.

About Tupperware Brands

Tupperware Brands Corporation operates as a consumer products company in the Asia Pacific, Europe, Africa, the Middle East, North America, and South America. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home under the Tupperware brand name, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.