Tupperware Brands Corporation (NYSE:TUP) Chairman E V. Goings sold 44,600 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was 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 owns 54,059 shares in the company, valued at $3,203,536.34. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Tupperware Brands Corporation (NYSE TUP) traded down $1.60 on Friday, reaching $57.60. 186,790 shares of the company were exchanged, compared to its average volume of 396,066. The stock has a market capitalization of $2,962.16, a PE ratio of 12.39 and a beta of 1.72.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date of this dividend is Tuesday, December 19th. Tupperware Brands Corporation’s payout ratio is presently 98.91%.

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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Teacher Retirement System of Texas grew its position in Tupperware Brands Corporation by 0.3% during the second quarter. Teacher Retirement System of Texas now owns 4,033 shares of the company’s stock valued at $283,000 after purchasing an additional 14 shares in the last quarter. Alps Advisors Inc. grew its position in Tupperware Brands Corporation by 0.3% during the second quarter. Alps Advisors Inc. now owns 7,903 shares of the company’s stock valued at $555,000 after purchasing an additional 21 shares in the last quarter. World Asset Management Inc grew its position in Tupperware Brands Corporation by 0.8% during the second quarter. World Asset Management Inc now owns 4,081 shares of the company’s stock valued at $287,000 after purchasing an additional 32 shares in the last quarter. First Allied Advisory Services Inc. grew its position in Tupperware Brands Corporation by 1.2% during the second quarter. First Allied Advisory Services Inc. now owns 5,793 shares of the company’s stock valued at $405,000 after purchasing an additional 66 shares in the last quarter. Finally, State of Wisconsin Investment Board grew its position in Tupperware Brands Corporation by 0.7% during the second quarter. State of Wisconsin Investment Board now owns 10,073 shares of the company’s stock valued at $707,000 after purchasing an additional 70 shares in the last quarter. 85.55% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms recently commented on TUP. Zacks Investment Research upgraded shares of Tupperware Brands Corporation from a “sell” rating to a “hold” rating in a report on Saturday, October 28th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $65.00 target price on shares of Tupperware Brands Corporation in a research report on Friday, October 27th. TheStreet raised shares of Tupperware Brands Corporation from a “c” rating to a “b-” rating in a research report on Wednesday, October 25th. ValuEngine raised shares of Tupperware Brands Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, October 26th. Finally, Morgan Stanley lifted their target price on shares of Tupperware Brands Corporation from $71.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $68.33.

Tupperware Brands Corporation Company 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.

Insider Buying and Selling by Quarter for Tupperware Brands Corporation (NYSE:TUP)

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