Trade Report: Today, Great West Life Assurance Co. Can Raises it position for Tupperware Brands Corp. (TUP)

Today, Great West Life Assurance Co. Can Raises it position for Tupperware Brands Corp. (TUP)

Great West Life Assurance Co. Can raised its position in shares of Tupperware Brands Corp. (NYSE:TUP) by 2.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,268 shares of the company’s stock after buying an additional 785 shares during the period. Great West Life Assurance Co. Can owned approximately 0.06% of Tupperware Brands Corp. worth $2,043,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Independent Portfolio Consultants Inc. increased its position in shares of Tupperware Brands Corp. by 42.3% in the third quarter. Independent Portfolio Consultants Inc. now owns 1,800 shares of the company’s stock worth $118,000 after buying an additional 535 shares during the period. Creative Planning increased its position in shares of Tupperware Brands Corp. by 7.3% in the third quarter. Creative Planning now owns 1,803 shares of the company’s stock worth $118,000 after buying an additional 122 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Tupperware Brands Corp. by 132.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,630 shares of the company’s stock worth $148,000 after buying an additional 1,500 shares during the period. Tompkins Financial Corp increased its position in shares of Tupperware Brands Corp. by 3.8% in the second quarter. Tompkins Financial Corp now owns 2,765 shares of the company’s stock worth $156,000 after buying an additional 100 shares during the period. Finally, Americafirst Capital Management LLC acquired a new position in shares of Tupperware Brands Corp. during the second quarter worth about $157,000. Hedge funds and other institutional investors own 92.27% of the company’s stock.

Shares of Tupperware Brands Corp. (NYSE:TUP) traded up 0.19% on Friday, reaching $59.28. The company’s stock had a trading volume of 264,094 shares. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 14.83 and a beta of 1.72. The company’s 50-day moving average is $60.59 and its 200 day moving average is $60.60. Tupperware Brands Corp. has a 12-month low of $42.60 and a 12-month high of $66.90.

Tupperware Brands Corp. (NYSE:TUP) last announced its quarterly earnings data on Wednesday, October 19th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.07. The business earned $521.80 million during the quarter, compared to analysts’ expectations of $528.14 million. Tupperware Brands Corp. had a return on equity of 124.54% and a net margin of 9.20%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.79 earnings per share. Equities analysts anticipate that Tupperware Brands Corp. will post $4.34 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 6th. Shareholders of record on Tuesday, December 20th will be paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date of this dividend is Friday, December 16th. Tupperware Brands Corp.’s payout ratio is 68.00%.

A number of brokerages have issued reports on TUP. B. Riley restated a “neutral” rating and issued a $64.00 price objective (up previously from $53.00) on shares of Tupperware Brands Corp. in a research note on Friday, October 21st. Zacks Investment Research downgraded Tupperware Brands Corp. from a “buy” rating to a “hold” rating in a research note on Saturday, October 22nd. TheStreet downgraded Tupperware Brands Corp. from a “buy” rating to a “hold” rating in a research note on Friday, October 21st. Finally, Piper Jaffray Cos. reiterated a “neutral” rating and set a $61.00 price target on shares of Tupperware Brands Corp. in a research note on Thursday, August 4th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $61.57.

In other news, insider Allan Dando sold 620 shares of the business’s stock in a transaction on Tuesday, November 8th. The stock was sold at an average price of $59.82, for a total value of $37,088.40. Following the completion of the transaction, the insider now owns 2,863 shares in the company, valued at $171,264.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas M. Roehlk sold 2,000 shares of the business’s stock in a transaction on Monday, October 3rd. The stock was sold at an average price of $65.84, for a total value of $131,680.00. Following the completion of the transaction, the executive vice president now owns 35,900 shares of the company’s stock, valued at approximately $2,363,656. The disclosure for this sale can be found here. Company insiders own 3.22% of the company’s stock.

Tupperware Brands Corp. Company Profile

Tupperware Brands Corporation is engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The Company’s segments are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America. The Europe, Asia Pacific and Tupperware North America segments include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand.

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