AT Bancorp bought a new position in Tupperware Brands Corporation (NYSE:TUP) during the second quarter, according to its most recent filing with the SEC. The fund bought 2,552 shares of the company’s stock, valued at approximately $179,000.

Several other hedge funds have also recently added to or reduced their stakes in TUP. BlackRock Inc. raised its stake in Tupperware Brands Corporation by 15,657.3% in the first quarter. BlackRock Inc. now owns 8,529,559 shares of the company’s stock worth $534,973,000 after buying an additional 8,475,428 shares during the last quarter. Vanguard Group Inc. raised its stake in Tupperware Brands Corporation by 5.1% in the first quarter. Vanguard Group Inc. now owns 4,499,696 shares of the company’s stock worth $282,221,000 after buying an additional 218,186 shares during the last quarter. State Street Corp raised its stake in Tupperware Brands Corporation by 4.3% in the first quarter. State Street Corp now owns 1,484,537 shares of the company’s stock worth $93,112,000 after buying an additional 60,718 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Tupperware Brands Corporation by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 900,801 shares of the company’s stock worth $56,498,000 after buying an additional 6,164 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Tupperware Brands Corporation by 5.1% in the first quarter. Bank of New York Mellon Corp now owns 817,996 shares of the company’s stock worth $51,304,000 after buying an additional 39,467 shares during the last quarter. Hedge funds and other institutional investors own 89.39% of the company’s stock.

Tupperware Brands Corporation (TUP) opened at 58.69 on Thursday. Tupperware Brands Corporation has a 52 week low of $52.32 and a 52 week high of $74.36. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 18.98 and a beta of 1.61. The firm has a 50-day moving average of $66.78 and a 200 day moving average of $65.59.

Tupperware Brands Corporation (NYSE:TUP) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.01. Tupperware Brands Corporation had a return on equity of 102.71% and a net margin of 7.00%. The company had revenue of $572.90 million for the quarter, compared to the consensus estimate of $580.19 million. During the same period in the previous year, the business earned $1.16 EPS. Tupperware Brands Corporation’s revenue for the quarter was up 1.5% compared to the same quarter last year. On average, analysts anticipate that Tupperware Brands Corporation will post $4.70 EPS for the current year.

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A number of analysts recently weighed in on TUP shares. Zacks Investment Research lowered shares of Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 6th. B. Riley reiterated a “neutral” rating and issued a $54.00 price target on shares of Tupperware Brands Corporation in a research note on Sunday, April 23rd. Finally, BidaskClub lowered shares of Tupperware Brands Corporation from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. Tupperware Brands Corporation currently has an average rating of “Hold” and a consensus target price of $71.33.

In other news, EVP Thomas M. Roehlk sold 12,250 shares of the business’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $72.75, for a total value of $891,187.50. Following the completion of the sale, the executive vice president now directly owns 33,015 shares in the company, valued at approximately $2,401,841.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Josef Hajek sold 2,950 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $71.59, for a total value of $211,190.50. Following the completion of the sale, the senior vice president now owns 6,304 shares of the company’s stock, valued at $451,303.36. The disclosure for this sale can be found here. Insiders sold a total of 21,200 shares of company stock valued at $1,508,578 over the last quarter. Company insiders own 3.22% of the company’s stock.

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.

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

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