Edmp buys $3,580,119 stake in Tupperware Brands Corporation (TUP)

Tupperware Brands Corporation (TUP) : Edmp scooped up 640 additional shares in Tupperware Brands Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 63,186 shares of Tupperware Brands Corporation which is valued at $3,580,119.Tupperware Brands Corporation makes up approximately 3.45% of Edmp’s portfolio.

Other Hedge Funds, Including , Mcclain Value Management sold out all of its stake in TUP during the most recent quarter. The investment firm sold 26,314 shares of TUP which is valued $1,490,951.Burney Co reduced its stake in TUP by selling 2,344 shares or 13.28% in the most recent quarter. The Hedge Fund company now holds 15,309 shares of TUP which is valued at $867,408. Tupperware Brands Corporation makes up approx 0.06% of Burney Co’s portfolio.Retirement Systems Of Alabama boosted its stake in TUP in the latest quarter, The investment management firm added 412 additional shares and now holds a total of 65,117 shares of Tupperware Brands Corporation which is valued at $3,781,344. Tupperware Brands Corporation makes up approx 0.02% of Retirement Systems Of Alabama’s portfolio.Nisa Investment Advisors L.l.c. reduced its stake in TUP by selling 1,700 shares or 4.62% in the most recent quarter. The Hedge Fund company now holds 35,100 shares of TUP which is valued at $2,038,257. Tupperware Brands Corporation makes up approx 0.03% of Nisa Investment Advisors L.l.c.’s portfolio.Metlife Securities Inc reduced its stake in TUP by selling 444 shares or 9.17% in the most recent quarter. The Hedge Fund company now holds 4,400 shares of TUP which is valued at $256,696. Tupperware Brands Corporation makes up approx 0.01% of Metlife Securities Inc’s portfolio.

Tupperware Brands Corporation opened for trading at $55.8 and hit $56.635 on the upside on Tuesday, eventually ending the session at $56.51, with a gain of 1.84% or 1.02 points. The heightened volatility saw the trading volume jump to 8,25,658 shares. Company has a market cap of $2,854 M.

On the company’s financial health, Tupperware Brands Corporation reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $0.86. The company had revenue of $525.70 million for the quarter, compared to analysts expectations of $527.01 million. The company’s revenue was down -9.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.02 EPS.

Many Wall Street Analysts have commented on Tupperware Brands Corporation. Company shares were Reiterated by Piper Jaffray on Mar 4, 2016 to “Neutral”, Firm has raised the Price Target to $ 54 from a previous price target of $50 .Tupperware Brands Corporation was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Feb 26, 2016.

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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