Tupperware Brands Co. (TUP) Shares Bought by TD Asset Management Inc.

TD Asset Management Inc. grew its stake in shares of Tupperware Brands Co. (NYSE:TUP) by 5.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,082 shares of the company’s stock after acquiring an additional 1,620 shares during the quarter. TD Asset Management Inc. owned about 0.06% of Tupperware Brands worth $1,983,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TUP. US Bancorp DE increased its stake in shares of Tupperware Brands by 1.4% during the 2nd quarter. US Bancorp DE now owns 10,372 shares of the company’s stock valued at $729,000 after acquiring an additional 145 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Tupperware Brands by 2.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 9,237 shares of the company’s stock valued at $649,000 after acquiring an additional 216 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in shares of Tupperware Brands by 3.3% during the 2nd quarter. Great West Life Assurance Co. Can now owns 30,614 shares of the company’s stock valued at $2,150,000 after acquiring an additional 987 shares during the last quarter. World Asset Management Inc increased its stake in shares of Tupperware Brands by 0.8% during the 2nd quarter. World Asset Management Inc now owns 4,081 shares of the company’s stock valued at $287,000 after acquiring an additional 32 shares during the last quarter. Finally, Sei Investments Co. increased its position in Tupperware Brands by 15.0% during the 2nd quarter. Sei Investments Co. now owns 47,064 shares of the company’s stock worth $3,304,000 after purchasing an additional 6,139 shares in the last quarter. 83.91% of the stock is owned by institutional investors.

A number of analysts recently issued reports on the stock. Morgan Stanley increased their target price on shares of Tupperware Brands from $71.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 26th. KeyCorp reissued a “hold” rating on shares of Tupperware Brands in a research report on Saturday, November 25th. Zacks Investment Research downgraded shares of Tupperware Brands from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Citigroup increased their target price on shares of Tupperware Brands from $67.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, October 2nd. Finally, SunTrust Banks reissued a “hold” rating and set a $65.00 target price on shares of Tupperware Brands in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. Tupperware Brands presently has a consensus rating of “Hold” and an average price target of $68.33.

Shares of Tupperware Brands Co. (NYSE TUP) traded up $1.13 during trading hours on Monday, reaching $63.19. 315,200 shares of the company’s stock traded hands, compared to its average volume of 501,164. 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 Co. has a one year low of $52.32 and a one year high of $74.36. The firm has a market capitalization of $3,215.58, a P/E ratio of 13.44, a price-to-earnings-growth ratio of 1.11 and a beta of 1.75.

Tupperware Brands (NYSE:TUP) last issued its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.09. Tupperware Brands had a net margin of 6.18% and a return on equity of 101.23%. The company had revenue of $539.50 million during the quarter, compared to the consensus estimate of $538.80 million. During the same quarter last year, the company earned $0.87 earnings per share. Tupperware Brands’s revenue for the quarter was up 3.4% on a year-over-year basis. equities research analysts anticipate that Tupperware Brands Co. will post 4.75 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 4.30%. The ex-dividend date is Tuesday, December 19th. Tupperware Brands’s dividend payout ratio (DPR) is 98.91%.

In other Tupperware Brands news, EVP Thomas M. Roehlk sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $59.39, for a total value of $118,780.00. Following the completion of the sale, the executive vice president now owns 10,765 shares of the company’s stock, valued at $639,333.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman E V. Goings sold 44,600 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $59.26, for a total transaction of $2,642,996.00. Following the completion of the sale, the chairman now directly owns 54,059 shares of the company’s stock, valued at approximately $3,203,536.34. The disclosure for this sale can be found here. Insiders sold 50,600 shares of company stock valued at $3,009,036 in the last ninety days. 3.14% of the stock is owned by corporate insiders.

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

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