Investors sold shares of Tupperware Brands Corp. (NYSE:TUP) on strength during trading hours on Wednesday. $14.05 million flowed into the stock on the tick-up and $41.56 million flowed out of the stock on the tick-down, for a money net flow of $27.51 million out of the stock. Of all stocks tracked, Tupperware Brands Corp. had the 0th highest net out-flow for the day. Tupperware Brands Corp. traded up $0.76 for the day and closed at $63.40

TUP has been the topic of several recent research reports. Zacks Investment Research raised shares of Tupperware Brands Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, August 3rd. TheStreet raised shares of Tupperware Brands Corp. from a “hold” rating to a “buy” rating in a research note on Thursday, June 23rd. Piper Jaffray Cos. reaffirmed a “neutral” rating and issued a $61.00 target price on shares of Tupperware Brands Corp. in a research note on Thursday, August 4th. SunTrust Banks Inc. reaffirmed a “neutral” rating and issued a $62.00 target price (up previously from $57.00) on shares of Tupperware Brands Corp. in a research note on Monday, July 25th. Finally, B. Riley reaffirmed a “neutral” rating and issued a $53.00 target price on shares of Tupperware Brands Corp. in a research note on Monday, July 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $59.50.

The company has a market cap of $3.20 billion, a PE ratio of 16.86 and a beta of 1.59. The company has a 50 day moving average of $64.57 and a 200 day moving average of $59.27.

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Tupperware Brands Corp. (NYSE:TUP) last issued its earnings results on Wednesday, July 20th. The company reported $1.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.06. The firm earned $564.70 million during the quarter, compared to the consensus estimate of $559.91 million. Tupperware Brands Corp. had a return on equity of 134.49% and a net margin of 8.63%. The business’s quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.21 earnings per share. Analysts anticipate that Tupperware Brands Corp. will post $4.32 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Tuesday, September 20th will be paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 4.29%. The ex-dividend date is Friday, September 16th. Tupperware Brands Corp.’s payout ratio is 72.34%.

In other Tupperware Brands Corp. news, EVP Thomas M. Roehlk sold 2,000 shares of the business’s stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $56.44, for a total transaction of $112,880.00. Following the completion of the transaction, the executive vice president now owns 43,800 shares of the company’s stock, valued at $2,472,072. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Angel R. Martinez sold 10,000 shares of the business’s stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $62.23, for a total value of $622,300.00. Following the transaction, the director now directly owns 28,439 shares of the company’s stock, valued at approximately $1,769,758.97. The disclosure for this sale can be found here. Company insiders own 3.22% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of TUP. BlackRock Fund Advisors increased its position in shares of Tupperware Brands Corp. by 7.0% in the second quarter. BlackRock Fund Advisors now owns 6,020,016 shares of the company’s stock valued at $338,807,000 after buying an additional 394,548 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Tupperware Brands Corp. by 13.0% in the second quarter. Vanguard Group Inc. now owns 3,604,582 shares of the company’s stock valued at $202,866,000 after buying an additional 415,778 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its position in shares of Tupperware Brands Corp. by 7.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,772,842 shares of the company’s stock valued at $99,776,000 after buying an additional 116,990 shares during the last quarter. State Street Corp increased its position in shares of Tupperware Brands Corp. by 6.6% in the first quarter. State Street Corp now owns 1,437,023 shares of the company’s stock valued at $83,317,000 after buying an additional 88,699 shares during the last quarter. Finally, American Century Companies Inc. increased its position in Tupperware Brands Corp. by 14.9% in the second quarter. American Century Companies Inc. now owns 1,029,502 shares of the company’s stock valued at $57,940,000 after buying an additional 133,614 shares in the last quarter. 92.14% of the stock is owned by hedge funds and other institutional investors.

About Tupperware Brands Corp.

Tupperware Brands Corporation is engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The Company’s segments are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America. The Europe, Asia Pacific and Tupperware North America segments include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand.

5 Day Chart for NYSE:TUP

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