Tupperware Brands Corporation (TUP) : Huber Capital Management reduced its stake in Tupperware Brands Corporation by 5.16% during the most recent quarter end. The investment management company now holds a total of 1,471,380 shares of Tupperware Brands Corporation which is valued at $95,198,286 after selling 80,108 shares in Tupperware Brands Corporation , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Tupperware Brands Corporation makes up approximately 3.68% of Huber Capital Management’s portfolio.
Other Hedge Funds, Including , Blackrock Advisors boosted its stake in TUP in the latest quarter, The investment management firm added 1,735 additional shares and now holds a total of 136,216 shares of Tupperware Brands Corporation which is valued at $8,813,175. Tupperware Brands Corporation makes up approx 0.01% of Blackrock Advisors’s portfolio. Dekabank Deutsche Girozentrale sold out all of its stake in TUP during the most recent quarter. The investment firm sold 50,606 shares of TUP which is valued $3,235,748. Capital Fund Management S.a. sold out all of its stake in TUP during the most recent quarter. The investment firm sold 8,918 shares of TUP which is valued $555,056.Independent Portfolio Consultants reduced its stake in TUP by selling 2,365 shares or 65.15% in the most recent quarter. The Hedge Fund company now holds 1,265 shares of TUP which is valued at $73,737. Tupperware Brands Corporation makes up approx 0.02% of Independent Portfolio Consultants’s portfolio.
Tupperware Brands Corporation opened for trading at $65.96 and hit $66.36 on the upside on Monday, eventually ending the session at $66.05, with a gain of 0.44% or 0.29 points. The heightened volatility saw the trading volume jump to 4,59,128 shares. Company has a market cap of $3,338 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.
Investors should note that on Aug 17, 2016, Tupperware Brands Corporation announced a cash dividend of $0.6800. The company’s management has announced Sep 16, 2016 as the ex-dividend date and fixed the record date on Sep 20, 2016. The payable date has been fixed on Oct 3, 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.