Anderson Fisher LLC lifted its stake in shares of Tupperware Brands Co. (NYSE:TUP) by 3.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 27,978 shares of the company’s stock after acquiring an additional 840 shares during the period. Anderson Fisher LLC’s holdings in Tupperware Brands were worth $716,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of TUP. Fort L.P. raised its stake in Tupperware Brands by 1.5% during the 4th quarter. Fort L.P. now owns 25,883 shares of the company’s stock valued at $817,000 after acquiring an additional 383 shares in the last quarter. Mason Street Advisors LLC grew its holdings in shares of Tupperware Brands by 1.7% during the first quarter. Mason Street Advisors LLC now owns 25,880 shares of the company’s stock valued at $662,000 after buying an additional 433 shares in the last quarter. Rhumbline Advisers grew its stake in Tupperware Brands by 0.3% in the first quarter. Rhumbline Advisers now owns 153,936 shares of the company’s stock valued at $3,938,000 after purchasing an additional 517 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Tupperware Brands by 20.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,380 shares of the company’s stock valued at $107,000 after purchasing an additional 576 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in shares of Tupperware Brands by 264.9% during the 1st quarter. Quadrant Capital Group LLC now owns 1,029 shares of the company’s stock worth $25,000 after acquiring an additional 747 shares in the last quarter. Institutional investors own 83.48% of the company’s stock.
Several research firms have commented on TUP. Zacks Investment Research raised Tupperware Brands from a “sell” rating to a “hold” rating in a report on Wednesday, June 5th. TheStreet upgraded Tupperware Brands from a “d+” rating to a “c” rating in a research report on Friday, March 15th. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $36.75.
Tupperware Brands (NYSE:TUP) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $0.90 EPS for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.01). Tupperware Brands had a net margin of 7.80% and a negative return on equity of 102.79%. The firm had revenue of $487.30 million for the quarter, compared to the consensus estimate of $496.60 million. During the same period last year, the company posted $0.91 EPS. The business’s revenue was down 10.2% compared to the same quarter last year. Equities research analysts anticipate that Tupperware Brands Co. will post 4.02 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, July 8th. Stockholders of record on Wednesday, June 19th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date of this dividend is Tuesday, June 18th. Tupperware Brands’s dividend payout ratio is currently 25.12%.
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Tupperware Brands Company Profile
Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories in Europe, Africa, the Middle East, the Asia Pacific, North America, and South America. The company engages in the manufacture and sale of design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.
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