Tupperware Brands Co. (TUP) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in shares of Tupperware Brands Co. (NYSE:TUP) by 32.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,769 shares of the company’s stock after purchasing an additional 4,141 shares during the quarter. SG Americas Securities LLC’s holdings in Tupperware Brands were worth $1,051,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. lifted 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 worth $70,217,000 after acquiring an additional 8,594 shares in the last quarter. Schroder Investment Management Group lifted 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 worth $61,844,000 after acquiring an additional 4,611 shares in the last quarter. Dimensional Fund Advisors LP lifted 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 worth $57,433,000 after acquiring an additional 11,710 shares in the last quarter. Huber Capital Management LLC lifted 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 worth $55,930,000 after acquiring an additional 277,660 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted 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 worth $52,314,000 after acquiring an additional 7,401 shares in the last quarter. Institutional investors and hedge funds own 84.03% of the company’s stock.

Shares of Tupperware Brands Co. (TUP) opened at $51.71 on Thursday. The company has a debt-to-equity ratio of -5.19, a current ratio of 1.06 and a quick ratio of 0.52. The stock has a market capitalization of $2,590.00, a PE ratio of -9.93, a price-to-earnings-growth ratio of 0.83 and a beta of 1.49. Tupperware Brands Co. has a 12-month low of $49.04 and a 12-month high of $74.36.

Tupperware Brands (NYSE:TUP) last posted its quarterly earnings results 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. The company had revenue of $588.60 million for the quarter, compared to analyst estimates of $601.99 million. Tupperware Brands had a positive return on equity of 159.90% and a negative net margin of 11.77%. Tupperware Brands’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.45 EPS. equities research analysts expect that Tupperware Brands Co. will post 5.16 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 5th. Shareholders of record on Tuesday, March 20th will be given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend is Monday, March 19th. Tupperware Brands’s dividend payout ratio is currently -52.21%.

Several equities analysts recently issued reports on the company. TheStreet raised Tupperware Brands from a “c” rating to a “b-” rating in a research note on Wednesday, October 25th. KeyCorp reissued a “hold” rating on shares of Tupperware Brands in a research note on Saturday, November 25th. Zacks Investment Research raised Tupperware Brands from a “sell” rating to a “hold” rating in a research note on Saturday, October 28th. ValuEngine raised Tupperware Brands from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. Finally, Morgan Stanley decreased their target price on Tupperware Brands from $72.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 1st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. Tupperware Brands presently has a consensus rating of “Hold” and a consensus target price of $67.67.

In other Tupperware Brands news, EVP Thomas M. Roehlk sold 2,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $422,338.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.14% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: This news story was published by Week Herald and is the sole property of of Week Herald. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this news story can be read at https://weekherald.com/2018/02/15/tupperware-brands-co-tup-shares-bought-by-sg-americas-securities-llc.html.

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.

Want to see what other hedge funds are holding TUP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tupperware Brands Co. (NYSE:TUP).

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

Receive News & Ratings for Tupperware Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tupperware Brands and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply