Teachers Advisors LLC reduced its position in shares of Tupperware Brands Corporation (NYSE:TUP) by 31.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,505 shares of the company’s stock after selling 23,894 shares during the period. Teachers Advisors LLC’s holdings in Tupperware Brands Corporation were worth $3,230,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Miller Howard Investments Inc. NY acquired a new position in shares of Tupperware Brands Corporation during the first quarter worth about $25,917,000. WBI Investments Inc. acquired a new position in shares of Tupperware Brands Corporation during the first quarter worth about $17,503,000. Edge Asset Management Inc. increased its position in shares of Tupperware Brands Corporation by 16.3% in the first quarter. Edge Asset Management Inc. now owns 635,101 shares of the company’s stock worth $39,833,000 after buying an additional 89,221 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Tupperware Brands Corporation by 22.5% in the first quarter. Principal Financial Group Inc. now owns 463,794 shares of the company’s stock worth $29,089,000 after buying an additional 85,246 shares in the last quarter. Finally, Karp Capital Management Corp acquired a new position in shares of Tupperware Brands Corporation during the first quarter worth about $5,336,000. 89.39% of the stock is currently owned by institutional investors.

Tupperware Brands Corporation (TUP) traded up 0.88% on Friday, reaching $58.21. The company had a trading volume of 399,970 shares. Tupperware Brands Corporation has a one year low of $52.32 and a one year high of $74.36. The company’s 50 day moving average is $66.06 and its 200-day moving average is $65.55. The firm has a market capitalization of $2.96 billion, a price-to-earnings ratio of 18.83 and a beta of 1.61.

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

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A number of research analysts have recently issued reports on TUP shares. Zacks Investment Research downgraded Tupperware Brands Corporation from a “buy” rating to a “sell” rating in a research note on Wednesday, June 28th. B. Riley reissued a “neutral” rating and issued a $54.00 price objective on shares of Tupperware Brands Corporation in a research note on Sunday, April 23rd. BidaskClub downgraded Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, Sidoti boosted their price objective on Tupperware Brands Corporation from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Monday, May 22nd. 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. The stock currently has an average rating of “Hold” and an average price target of $71.33.

In other Tupperware Brands Corporation news, EVP Thomas M. Roehlk sold 2,000 shares of Tupperware Brands Corporation stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $71.94, for a total transaction of $143,880.00. Following the sale, the executive vice president now directly owns 20,765 shares of the company’s stock, valued at approximately $1,493,834.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Thomas M. Roehlk sold 12,250 shares of Tupperware Brands Corporation stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $72.75, for a total value of $891,187.50. Following the sale, the executive vice president now directly owns 33,015 shares in the company, valued at $2,401,841.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 21,200 shares of company stock worth $1,508,578. 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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