Tupperware Brands Co. (TUP) EVP Thomas M. Roehlk Sells 2,000 Shares
Tupperware Brands Co. (NYSE:TUP) EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $62.07, for a total value of $124,140.00. Following the completion of the transaction, the executive vice president now owns 10,665 shares in the company, valued at $661,976.55. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Tupperware Brands Co. (NYSE TUP) traded down $0.51 on Wednesday, hitting $61.61. The stock had a trading volume of 389,200 shares, compared to its average volume of 503,305. Tupperware Brands Co. has a 1 year low of $52.32 and a 1 year high of $74.36. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.52. The stock has a market cap of $3,161.13, a PE ratio of 13.22, a P/E/G ratio of 1.09 and a beta of 1.75.
Tupperware Brands (NYSE:TUP) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. Tupperware Brands had a return on equity of 101.23% and a net margin of 6.18%. The firm had revenue of $539.50 million during the quarter, compared to analysts’ expectations of $538.80 million. During the same period in the prior year, the business earned $0.87 EPS. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. research analysts expect that Tupperware Brands Co. will post 4.75 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Wednesday, December 20th will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date is Tuesday, December 19th. Tupperware Brands’s payout ratio is currently 98.91%.
TUP has been the topic of a number of research analyst reports. TheStreet lowered Tupperware Brands from a “b-” rating to a “c” rating in a research note on Thursday, August 10th. ValuEngine cut Tupperware Brands from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Tupperware Brands from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a report on Thursday, September 28th. Citigroup upped their price objective on Tupperware Brands from $67.00 to $68.00 and gave the stock a “neutral” rating in a report on Monday, October 2nd. Finally, KeyCorp reiterated a “hold” rating on shares of Tupperware Brands in a report on Thursday, October 12th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $68.33.
A number of hedge funds have recently modified their holdings of the stock. Teacher Retirement System of Texas boosted its holdings in Tupperware Brands by 0.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,033 shares of the company’s stock valued at $283,000 after acquiring an additional 14 shares during the period. Alps Advisors Inc. boosted its holdings in Tupperware Brands by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 7,903 shares of the company’s stock valued at $555,000 after acquiring an additional 21 shares during the period. World Asset Management Inc boosted its holdings in Tupperware Brands by 0.8% during the 2nd quarter. World Asset Management Inc now owns 4,081 shares of the company’s stock valued at $287,000 after acquiring an additional 32 shares during the period. First Allied Advisory Services Inc. boosted its holdings in Tupperware Brands by 1.2% during the 2nd quarter. First Allied Advisory Services Inc. now owns 5,793 shares of the company’s stock valued at $405,000 after acquiring an additional 66 shares during the period. Finally, State of Wisconsin Investment Board boosted its holdings in Tupperware Brands by 0.7% during the 2nd quarter. State of Wisconsin Investment Board now owns 10,073 shares of the company’s stock valued at $707,000 after acquiring an additional 70 shares during the period. Institutional investors own 83.92% of the company’s stock.
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Tupperware Brands 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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