Tupperware Brands Co. (TUP) Position Lessened by Aperio Group LLC

Aperio Group LLC reduced its position in shares of Tupperware Brands Co. (NYSE:TUP) by 14.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,832 shares of the company’s stock after selling 8,458 shares during the period. Aperio Group LLC’s holdings in Tupperware Brands were worth $3,250,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Principal Financial Group Inc. raised its stake in Tupperware Brands by 0.8% during the 3rd quarter. Principal Financial Group Inc. now owns 1,135,842 shares of the company’s stock valued at $70,217,000 after purchasing an additional 8,594 shares during the last quarter. Schroder Investment Management Group raised its stake in Tupperware Brands by 0.5% during the 3rd quarter. Schroder Investment Management Group now owns 1,010,023 shares of the company’s stock valued at $61,844,000 after purchasing an additional 4,611 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Tupperware Brands by 1.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 929,056 shares of the company’s stock valued at $57,433,000 after purchasing an additional 11,710 shares during the last quarter. Huber Capital Management LLC raised its stake in Tupperware Brands by 44.3% during the 3rd quarter. Huber Capital Management LLC now owns 904,724 shares of the company’s stock valued at $55,930,000 after purchasing an additional 277,660 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Tupperware Brands by 0.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 846,231 shares of the company’s stock valued at $52,314,000 after purchasing an additional 7,401 shares during the last quarter. 84.03% of the stock is owned by institutional investors and hedge funds.

Tupperware Brands Co. (NYSE TUP) opened at $50.95 on Monday. Tupperware Brands Co. has a one year low of $49.04 and a one year high of $74.36. The stock has a market cap of $2,592.69, a price-to-earnings ratio of -9.78, a PEG ratio of 0.82 and a beta of 1.49. The company has a quick ratio of 0.52, a current ratio of 1.06 and a debt-to-equity ratio of -5.19.

Tupperware Brands (NYSE:TUP) last announced its quarterly earnings data on Wednesday, January 31st. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.09. Tupperware Brands had a negative net margin of 11.77% and a positive return on equity of 159.90%. The company had revenue of $588.60 million during the quarter, compared to analysts’ expectations of $601.99 million. During the same quarter in the prior year, the company posted $1.45 EPS. The business’s revenue was down 2.0% on a year-over-year basis. sell-side analysts forecast that Tupperware Brands Co. will post 5.16 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 5th. Stockholders of record on Tuesday, March 20th will be paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date is Monday, March 19th. Tupperware Brands’s dividend payout ratio is -52.21%.

In other news, EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were 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 of the company’s stock, valued at approximately $422,338.95. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.22% of the company’s stock.

Several research firms recently commented on TUP. ValuEngine cut shares of Tupperware Brands from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Morgan Stanley dropped their price objective on shares of Tupperware Brands from $72.00 to $66.00 and set an “equal weight” rating for the company in a research note on Thursday, February 1st. SunTrust Banks dropped their price objective on shares of Tupperware Brands to $64.00 and set a “hold” rating for the company in a research note on Thursday, February 1st. Zacks Investment Research cut shares of Tupperware Brands from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Finally, KeyCorp restated a “hold” rating on shares of Tupperware Brands in a research note on Saturday, November 25th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Tupperware Brands currently has an average rating of “Hold” and an average price target of $67.67.

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About Tupperware Brands

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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Institutional Ownership by Quarter for Tupperware Brands (NYSE:TUP)

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