Tupperware Brands Corporation (TUP) : Loudon Investment Management reduced its stake in Tupperware Brands Corporation by 3.74% during the most recent quarter end. The investment management company now holds a total of 70,195 shares of Tupperware Brands Corporation which is valued at $4,095,878 after selling 2,725 shares in Tupperware Brands Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Tupperware Brands Corporation makes up approximately 3.23% of Loudon Investment Management’s portfolio.
Other Hedge Funds, Including , Northwestern Mutual Investment Services sold out all of its stake in TUP during the most recent quarter. The investment firm sold 1 shares of TUP which is valued $58.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reduced its stake in TUP by selling 2,245 shares or 23.1% in the most recent quarter. The Hedge Fund company now holds 7,475 shares of TUP which is valued at $448,500. Tupperware Brands Corporation makes up approx 0.01% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio. Yorktown Management Research Co Inc added TUP to its portfolio by purchasing 3,200 company shares during the most recent quarter which is valued at $188,640. Tupperware Brands Corporation makes up approx 0.04% of Yorktown Management Research Co Inc’s portfolio.
Tupperware Brands Corporation closed down -0.28 points or -0.47% at $58.9 with 3,58,999 shares getting traded on Monday. Post opening the session at $59.17, the shares hit an intraday low of $58.725 and an intraday high of $59.47 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Tupperware Brands Corporation reported $0.87 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Oct 19, 2016. Analyst had a consensus of $0.80. The company had revenue of $521.80 million for the quarter, compared to analysts expectations of $528.34 million. The company’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.
Investors should note that on Nov 18, 2016, Tupperware Brands Corporation announced a cash dividend of $0.6800. The company’s management has announced Dec 16, 2016 as the ex-dividend date and fixed the record date on Dec 20, 2016. The payable date has been fixed on Jan 6, 2017.
Many Wall Street Analysts have commented on Tupperware Brands Corporation. Company shares were Reiterated by B. Riley & Co. on Oct 21, 2016 to “Neutral”, Firm has raised the Price Target to $ 64 from a previous price target of $53 .
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.