Shares of Tupperware Brands Co. (NYSE:TUP) have been assigned a consensus recommendation of “Sell” from the six research firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $26.67.

Several equities research analysts recently weighed in on TUP shares. Bank of America decreased their price target on Canopy Growth from $80.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, June 19th. Zacks Investment Research reaffirmed a “hold” rating on shares of Western New England Bancorp in a report on Saturday, June 29th. Finally, Citigroup reaffirmed a “buy” rating on shares of Healthequity in a report on Friday, June 28th.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Acadian Asset Management LLC purchased a new position in shares of Tupperware Brands in the fourth quarter valued at about $33,000. BlackRock Inc. increased its position in shares of Tupperware Brands by 0.5% in the fourth quarter. BlackRock Inc. now owns 6,956,652 shares of the company’s stock valued at $219,622,000 after acquiring an additional 32,673 shares during the period. Bank of New York Mellon Corp increased its position in shares of Tupperware Brands by 14.0% in the fourth quarter. Bank of New York Mellon Corp now owns 1,256,677 shares of the company’s stock valued at $39,674,000 after acquiring an additional 154,655 shares during the period. NumerixS Investment Technologies Inc purchased a new position in shares of Tupperware Brands in the fourth quarter valued at about $47,000. Finally, Great West Life Assurance Co. Can increased its position in shares of Tupperware Brands by 9.8% in the fourth quarter. Great West Life Assurance Co. Can now owns 34,157 shares of the company’s stock valued at $1,001,000 after acquiring an additional 3,044 shares during the period. 83.48% of the stock is owned by hedge funds and other institutional investors.

Shares of TUP traded up $0.19 during mid-day trading on Monday, reaching $17.84. 572,433 shares of the company’s stock were exchanged, compared to its average volume of 766,529. The stock has a market cap of $860.20 million, a PE ratio of 4.15, a PEG ratio of 0.37 and a beta of 0.95. The stock’s fifty day simple moving average is $19.37. Tupperware Brands has a 52-week low of $17.02 and a 52-week high of $42.24.

Tupperware Brands (NYSE:TUP) last announced its earnings results on Wednesday, April 24th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The business had revenue of $487.30 million for the quarter, compared to analysts’ expectations of $496.60 million. Tupperware Brands had a negative return on equity of 102.79% and a net margin of 7.80%. The business’s revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the business posted $0.91 earnings per share. On average, sell-side analysts forecast that Tupperware Brands will post 4.02 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, July 8th. Investors of record on Wednesday, June 19th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 6.05%. The ex-dividend date was Tuesday, June 18th. Tupperware Brands’s dividend payout ratio is presently 25.12%.

About Tupperware Brands

Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories in Europe, Africa, the Middle East, the Asia Pacific, North America, and South America. The company engages in the manufacture and sale of design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.

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