US Bancorp DE increased its stake in shares of Tupperware Brands Corporation (NYSE:TUP) by 1.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,372 shares of the company’s stock after buying an additional 145 shares during the period. US Bancorp DE’s holdings in Tupperware Brands Corporation were worth $729,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of TUP. Legato Capital Management LLC increased its stake in Tupperware Brands Corporation by 891.6% in the second quarter. Legato Capital Management LLC now owns 8,895 shares of the company’s stock valued at $625,000 after buying an additional 7,998 shares during the period. State Treasurer State of Michigan increased its stake in Tupperware Brands Corporation by 1.5% in the second quarter. State Treasurer State of Michigan now owns 20,887 shares of the company’s stock valued at $1,467,000 after buying an additional 300 shares during the period. Visionary Asset Management Inc. bought a new stake in Tupperware Brands Corporation during the second quarter valued at $345,000. Louisiana State Employees Retirement System increased its stake in Tupperware Brands Corporation by 3.1% in the second quarter. Louisiana State Employees Retirement System now owns 13,200 shares of the company’s stock valued at $927,000 after buying an additional 400 shares during the period. Finally, LS Investment Advisors LLC increased its stake in Tupperware Brands Corporation by 16.6% in the second quarter. LS Investment Advisors LLC now owns 4,085 shares of the company’s stock valued at $287,000 after buying an additional 583 shares during the period. Hedge funds and other institutional investors own 89.39% of the company’s stock.

Shares of Tupperware Brands Corporation (NYSE TUP) traded up 0.88% during trading on Friday, reaching $58.21. 399,970 shares of the company’s stock traded hands. The company 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 has a 1-year low of $52.32 and a 1-year high of $74.36. The stock has a 50-day moving average of $66.06 and a 200-day moving average of $65.55.

Tupperware Brands Corporation (NYSE:TUP) last released 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 net margin of 7.00% and a return on equity of 102.71%. The company had revenue of $572.90 million during the quarter, compared to analyst estimates of $580.19 million. During the same quarter in the prior year, the business earned $1.16 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, equities analysts predict that Tupperware Brands Corporation will post $4.70 EPS for the current fiscal year.

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Several research firms recently weighed in on TUP. TheStreet downgraded shares of Tupperware Brands Corporation from a “b-” rating to a “c” rating in a report on Thursday. BidaskClub downgraded shares of Tupperware Brands Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research downgraded shares of Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a report on Saturday, July 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. Tupperware Brands Corporation presently has an average rating of “Hold” and a consensus target price of $71.33.

In related news, EVP Thomas M. Roehlk sold 12,250 shares of the firm’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $72.75, for a total transaction of $891,187.50. Following the completion of the sale, the executive vice president now directly owns 33,015 shares of the company’s stock, valued at approximately $2,401,841.25. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Josef Hajek sold 2,950 shares of the firm’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $71.59, for a total transaction of $211,190.50. Following the sale, the senior vice president now directly 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 21,200 shares of company stock valued at $1,508,578 in the last three months. Company insiders own 3.22% of the company’s stock.

About Tupperware Brands Corporation

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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