CAPROCK Group Inc. Has $554,000 Position in Tupperware Brands Co. (TUP)

CAPROCK Group Inc. lowered its holdings in Tupperware Brands Co. (NYSE:TUP) by 20.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,534 shares of the company’s stock after selling 2,206 shares during the quarter. CAPROCK Group Inc.’s holdings in Tupperware Brands were worth $554,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Steward Partners Investment Advisory LLC bought a new stake in Tupperware Brands in the third quarter valued at about $102,000. Tower Research Capital LLC TRC bought a new stake in Tupperware Brands in the second quarter valued at about $121,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Tupperware Brands by 9.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,889 shares of the company’s stock valued at $133,000 after acquiring an additional 167 shares during the period. Mckinley Capital Management LLC Delaware increased its stake in Tupperware Brands by 1,157.7% in the third quarter. Mckinley Capital Management LLC Delaware now owns 2,440 shares of the company’s stock valued at $151,000 after acquiring an additional 2,246 shares during the period. Finally, Baker Avenue Asset Management LP bought a new stake in Tupperware Brands in the second quarter valued at about $203,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Shares of Tupperware Brands Co. (TUP) opened at $63.55 on Thursday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.52 and a current ratio of 0.98. The firm has a market cap of $3,230.00, a PE ratio of 23.11, a price-to-earnings-growth ratio of 1.05 and a beta of 1.75. Tupperware Brands Co. has a 52 week low of $55.16 and a 52 week high of $74.36.

Tupperware Brands (NYSE:TUP) last issued its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.09. The firm had revenue of $539.50 million for the quarter, compared to analysts’ expectations of $538.80 million. Tupperware Brands had a net margin of 6.18% and a return on equity of 101.23%. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share. sell-side analysts predict that Tupperware Brands Co. will post 4.75 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th were paid a dividend of $0.68 per share. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $2.72 annualized dividend and a yield of 4.28%. Tupperware Brands’s dividend payout ratio is 98.91%.

TUP has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Tupperware Brands from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a research note on Wednesday, December 13th. Morgan Stanley upped their target price on shares of Tupperware Brands from $71.00 to $72.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. KeyCorp reissued a “hold” rating on shares of Tupperware Brands in a research note on Thursday, October 12th. SunTrust Banks reissued a “hold” rating and issued a $65.00 target price on shares of Tupperware Brands in a research note on Friday, October 27th. Finally, ValuEngine raised shares of Tupperware Brands from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $68.83.

In other Tupperware Brands news, Chairman E V. Goings sold 44,600 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $59.26, for a total transaction of $2,642,996.00. Following the sale, the chairman now directly owns 54,059 shares of the company’s stock, valued at $3,203,536.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $59.39, for a total transaction of $118,780.00. Following the sale, the executive vice president now directly owns 10,765 shares in the company, valued at $639,333.35. The disclosure for this sale can be found here. Insiders have sold 50,600 shares of company stock worth $3,010,776 over the last ninety days. Insiders own 3.14% of the company’s stock.

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

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