Tupperware Brands Corporation (TUP) Stake Increased by CNA Financial Corp

CNA Financial Corp grew its holdings in shares of Tupperware Brands Corporation (NYSE:TUP) by 26.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,700 shares of the company’s stock after acquiring an additional 3,100 shares during the period. CNA Financial Corp’s holdings in Tupperware Brands Corporation were worth $909,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Intl Fcstone Inc. acquired a new stake in shares of Tupperware Brands Corporation during the second quarter valued at about $496,000. Fox Run Management L.L.C. lifted its position in shares of Tupperware Brands Corporation by 83.5% during the third quarter. Fox Run Management L.L.C. now owns 15,600 shares of the company’s stock worth $964,000 after purchasing an additional 7,100 shares during the last quarter. James Investment Research Inc. bought a new position in shares of Tupperware Brands Corporation during the second quarter worth about $1,392,000. Sei Investments Co. lifted its position in shares of Tupperware Brands Corporation by 15.0% during the second quarter. Sei Investments Co. now owns 47,064 shares of the company’s stock worth $3,304,000 after purchasing an additional 6,139 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Tupperware Brands Corporation by 2.5% during the second quarter. Bank of New York Mellon Corp now owns 838,830 shares of the company’s stock worth $58,910,000 after purchasing an additional 20,834 shares during the last quarter. Institutional investors own 85.39% of the company’s stock.

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 Monday, October 2nd. The shares were sold at an average price of $61.56, for a total value of $123,120.00. Following the transaction, the executive vice president now owns 12,765 shares in the company, valued at $785,813.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman E V. Goings sold 44,600 shares of Tupperware Brands Corporation stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $59.26, for a total transaction of $2,642,996.00. Following the completion of the transaction, the chairman now owns 54,059 shares in the company, valued at approximately $3,203,536.34. The disclosure for this sale can be found here. Insiders have sold 50,600 shares of company stock worth $3,001,976 in the last quarter. Company insiders own 3.14% of the company’s stock.

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TUP has been the topic of a number of recent research reports. BidaskClub cut shares of Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. TheStreet raised shares of Tupperware Brands Corporation from a “c” rating to a “b-” rating in a report on Wednesday, October 25th. Zacks Investment Research raised shares of Tupperware Brands Corporation from a “sell” rating to a “hold” rating in a report on Saturday, October 28th. ValuEngine raised shares of Tupperware Brands Corporation from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. Finally, Morgan Stanley raised their target price on shares of Tupperware Brands Corporation from $71.00 to $72.00 and gave the stock an “equal weight” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $68.33.

Shares of Tupperware Brands Corporation (NYSE:TUP) traded up $0.60 during trading hours on Wednesday, hitting $59.61. 427,300 shares of the company’s stock traded hands, compared to its average volume of 511,620. Tupperware Brands Corporation has a 12 month low of $52.32 and a 12 month high of $74.36. The firm has a market capitalization of $3,002.87, a price-to-earnings ratio of 12.56, a P/E/G ratio of 1.04 and a beta of 1.72. The company has a quick ratio of 0.52, a current ratio of 0.98 and a debt-to-equity ratio of 2.56.

Tupperware Brands Corporation (NYSE:TUP) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.09. Tupperware Brands Corporation had a net margin of 6.18% and a return on equity of 101.23%. The business had revenue of $539.50 million for the quarter, compared to analyst estimates of $538.80 million. During the same quarter last year, the business earned $0.87 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. sell-side analysts anticipate that Tupperware Brands Corporation will post 4.75 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be paid a dividend of $0.68 per share. The ex-dividend date of this dividend is Tuesday, December 19th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.56%. Tupperware Brands Corporation’s dividend payout ratio is presently 98.91%.

Tupperware Brands Corporation 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.

Institutional Ownership by Quarter for Tupperware Brands Corporation (NYSE:TUP)

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