Skybridge Capital Ii buys $14,176,649 stake in Tupperware Brands Corporation (TUP)

Tupperware Brands Corporation (TUP) : Skybridge Capital Ii scooped up 85,397 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 9, 2016. The investment management firm now holds a total of 219,793 shares of Tupperware Brands Corporation which is valued at $14,176,649.Tupperware Brands Corporation makes up approximately 3.51% of Skybridge Capital Ii’s portfolio.

Other Hedge Funds, Including , Btim Corp. reduced its stake in TUP by selling 2,842 shares or 1.37% in the most recent quarter. The Hedge Fund company now holds 204,155 shares of TUP which is valued at $13,167,998. Tupperware Brands Corporation makes up approx 0.22% of Btim Corp.’s portfolio.Mcrae Capital Management Inc boosted its stake in TUP in the latest quarter, The investment management firm added 2,425 additional shares and now holds a total of 89,105 shares of Tupperware Brands Corporation which is valued at $5,539,658. Tupperware Brands Corporation makes up approx 2.46% of Mcrae Capital Management Inc’s portfolio.First Midwest Bank Trust Division boosted its stake in TUP in the latest quarter, The investment management firm added 4,180 additional shares and now holds a total of 7,858 shares of Tupperware Brands Corporation which is valued at $489,082. Tupperware Brands Corporation makes up approx 0.06% of First Midwest Bank Trust Division’s portfolio.Quotient Investors reduced its stake in TUP by selling 3,660 shares or 12.42% in the most recent quarter. The Hedge Fund company now holds 25,800 shares of TUP which is valued at $1,525,038. Tupperware Brands Corporation makes up approx 0.70% of Quotient Investors’s portfolio.

Tupperware Brands Corporation closed down -0.25 points or -0.38% at $64.89 with 2,93,783 shares getting traded on Wednesday. Post opening the session at $65.04, the shares hit an intraday low of $64.53 and an intraday high of $65.14 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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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