Profund Advisors LLC lessened its position in shares of Tupperware Brands Corporation (NYSE:TUP) by 28.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,796 shares of the company’s stock after selling 2,286 shares during the period. Profund Advisors LLC’s holdings in Tupperware Brands Corporation were worth $407,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. BlueMountain Capital Management LLC acquired a new position in Tupperware Brands Corporation during the 2nd quarter worth approximately $293,000. Amalgamated Bank grew its holdings in Tupperware Brands Corporation by 25.6% during the 2nd quarter. Amalgamated Bank now owns 10,150 shares of the company’s stock worth $713,000 after acquiring an additional 2,068 shares in the last quarter. Bahl & Gaynor Inc. acquired a new position in Tupperware Brands Corporation during the 2nd quarter worth approximately $688,000. Nationwide Fund Advisors grew its holdings in Tupperware Brands Corporation by 2.0% during the 2nd quarter. Nationwide Fund Advisors now owns 86,054 shares of the company’s stock worth $6,044,000 after acquiring an additional 1,690 shares in the last quarter. Finally, Bridgewater Associates LP acquired a new position in Tupperware Brands Corporation during the 2nd quarter worth approximately $331,000. Institutional investors own 85.00% of the company’s stock.

Several research analysts have commented on TUP shares. Zacks Investment Research cut shares of Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a report on Saturday, July 29th. BidaskClub cut shares of Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. ValuEngine cut shares of Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Citigroup Inc. boosted their price target on shares of Tupperware Brands Corporation from $67.00 to $68.00 and gave the stock a “neutral” rating in a report on Monday. Finally, TheStreet cut shares of Tupperware Brands Corporation from a “b-” rating to a “c” rating in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $68.25.

In other news, EVP Thomas M. Roehlk sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $58.54, for a total transaction of $117,080.00. Following the completion of the sale, the executive vice president now owns 14,765 shares of the company’s stock, valued at $864,343.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 6,000 shares of company stock valued at $361,180 in the last three months. Corporate insiders own 3.22% of the company’s stock.

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Shares of Tupperware Brands Corporation (NYSE:TUP) opened at 61.73 on Thursday. Tupperware Brands Corporation has a 12 month low of $52.32 and a 12 month high of $74.36. The stock’s 50 day moving average is $58.86 and its 200 day moving average is $65.31. The stock has a market cap of $3.14 billion, a P/E ratio of 19.96 and a beta of 1.64.

Tupperware Brands Corporation (NYSE:TUP) last released its quarterly earnings results on Wednesday, July 26th. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.01. Tupperware Brands Corporation had a net margin of 7.00% and a return on equity of 102.71%. The business had revenue of $572.90 million during the quarter, compared to the consensus estimate of $580.19 million. During the same quarter last year, the company earned $1.16 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Analysts predict that Tupperware Brands Corporation will post $4.70 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Wednesday, September 20th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date is Tuesday, September 19th. Tupperware Brands Corporation’s payout ratio is currently 87.74%.

Tupperware Brands Corporation Profile

Tupperware Brands Corporation is a global direct-to-consumer company. The Company operates through five segments in three geographic regions: Europe (Europe, Africa and the Middle East), Asia Pacific and the Americas. Its segments are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America.

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Institutional Ownership by Quarter for Tupperware Brands Corporation (NYSE:TUP)

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