Mcrae Capital Management Inc buys $5,539,658 stake in Tupperware Brands Corporation (TUP)

Tupperware Brands Corporation (TUP) : Mcrae Capital Management Inc scooped up 2,425 additional shares in Tupperware Brands Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 89,105 shares of Tupperware Brands Corporation which is valued at $5,539,658.Tupperware Brands Corporation makes up approximately 2.46% of Mcrae Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Bank Of Hawaii added TUP to its portfolio by purchasing 15,300 company shares during the most recent quarter which is valued at $951,201. Tupperware Brands Corporation makes up approx 0.10% of Bank Of Hawaii’s portfolio.Boston Advisors reduced its stake in TUP by selling 450 shares or 10.23% in the most recent quarter. The Hedge Fund company now holds 3,950 shares of TUP which is valued at $245,848. Tupperware Brands Corporation makes up approx 0.01% of Boston Advisors’s portfolio.Ls Investment Advisors boosted its stake in TUP in the latest quarter, The investment management firm added 1,232 additional shares and now holds a total of 3,107 shares of Tupperware Brands Corporation which is valued at $194,716. Tupperware Brands Corporation makes up approx 0.01% of Ls Investment Advisors’s portfolio.

Tupperware Brands Corporation opened for trading at $63.79 and hit $64.87 on the upside on Monday, eventually ending the session at $64.5, with a gain of 0.88% or 0.56 points. The heightened volatility saw the trading volume jump to 9,27,711 shares. Company has a market cap of $3,260 M.

On the company’s financial health, Tupperware Brands Corporation reported $1.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $1.10. The company had revenue of $564.70 million for the quarter, compared to analysts expectations of $559.92 million. The company’s revenue was down -4.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.21 EPS.

Tupperware Brands Corporation (Tupperware Brands) is a global direct-to-consumer company engaged in the manufacture and sale of Tupperware products and cosmetics and personal care products. The Company’s Europe Asia Pacific and Tupperware North America segments offer storage and serving solutions for the kitchen and home through the Tupperware brand. Europe segment includes Avroy Shlain which sells beauty and personal care products. Asia Pacific segment sells beauty and personal care products under the NaturCare Nutrimetics and Fuller brands. The Company’s Beauty North America segment offers cosmetics skin care and personal care products marketed under the BeautiControl brand in the United States Canada and Puerto Rico and the Armand Dupree and Fuller Cosmetics brands in Mexico and Central America. The Company’s South America segment offers both housewares and beauty products under the Armand Dupree Fuller Nuvo and Tupperware brands.

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