Edmp Lowers stake in Tupperware Brands Corporation (TUP)

Tupperware Brands Corporation (TUP) : Edmp reduced its stake in Tupperware Brands Corporation by 1.11% during the most recent quarter end. The investment management company now holds a total of 62,484 shares of Tupperware Brands Corporation which is valued at $3,889,004 after selling 702 shares in Tupperware Brands Corporation , the firm said in a disclosure report filed with the SEC on Jul 25, 2016.Tupperware Brands Corporation makes up approximately 3.66% of Edmp’s portfolio.

Other Hedge Funds, Including , Shell Asset Management Co reduced its stake in TUP by selling 63 shares or 4.94% in the most recent quarter. The Hedge Fund company now holds 1,213 shares of TUP which is valued at $75,497.Nordea Investment Management Ab reduced its stake in TUP by selling 168,775 shares or 21.9% in the most recent quarter. The Hedge Fund company now holds 601,744 shares of TUP which is valued at $37,639,087. Tupperware Brands Corporation makes up approx 0.11% of Nordea Investment Management Ab’s portfolio.Gw&k Investment Management boosted its stake in TUP in the latest quarter, The investment management firm added 1,433 additional shares and now holds a total of 564,950 shares of Tupperware Brands Corporation which is valued at $33,394,195. Tupperware Brands Corporation makes up approx 0.68% of Gw&k Investment Management’s portfolio.Curian Capital reduced its stake in TUP by selling 79,162 shares or 69.63% in the most recent quarter. The Hedge Fund company now holds 34,533 shares of TUP which is valued at $1,975,978. Tupperware Brands Corporation makes up approx 0.14% of Curian Capital’s portfolio.

Tupperware Brands Corporation opened for trading at $62.65 and hit $62.92 on the upside on Friday, eventually ending the session at $62.68, with a gain of 0.11% or 0.07 points. The heightened volatility saw the trading volume jump to 4,77,075 shares. Company has a market cap of $3,166 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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