Insider Selling: Tupperware Brands Co. (TUP) EVP Sells $124,140.00 in Stock

Tupperware Brands Co. (NYSE:TUP) EVP Thomas M. Roehlk sold 2,000 shares of Tupperware Brands stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $62.07, for a total transaction of $124,140.00. Following the completion of the sale, the executive vice president now directly owns 10,665 shares of the company’s stock, valued at $661,976.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Tupperware Brands Co. (NYSE TUP) opened at $62.06 on Friday. The firm has a market cap of $3,135.69, a price-to-earnings ratio of 13.11, a price-to-earnings-growth ratio of 1.08 and a beta of 1.75. Tupperware Brands Co. has a 1-year low of $52.32 and a 1-year high of $74.36. The company has a quick ratio of 0.52, a current ratio of 0.98 and a debt-to-equity ratio of 2.56.

Tupperware Brands (NYSE:TUP) last posted its earnings results on Wednesday, October 25th. The company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.09. The business had revenue of $539.50 million for the quarter, compared to analyst estimates of $538.80 million. Tupperware Brands had a net margin of 6.18% and a return on equity of 101.23%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.87 EPS. equities research analysts expect that Tupperware Brands Co. will post 4.75 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Tuesday, December 19th. This represents a $2.72 annualized dividend and a dividend yield of 4.38%. Tupperware Brands’s payout ratio is 98.91%.

Several large investors have recently bought and sold shares of TUP. Principal Financial Group Inc. grew its position in Tupperware Brands by 0.8% in the 3rd quarter. Principal Financial Group Inc. now owns 1,135,842 shares of the company’s stock worth $70,217,000 after purchasing an additional 8,594 shares during the last quarter. Schroder Investment Management Group raised its holdings in shares of Tupperware Brands by 0.5% in the third quarter. Schroder Investment Management Group now owns 1,010,023 shares of the company’s stock valued at $61,844,000 after purchasing an additional 4,611 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Tupperware Brands by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 929,056 shares of the company’s stock valued at $57,433,000 after purchasing an additional 11,710 shares during the last quarter. Huber Capital Management LLC raised its holdings in shares of Tupperware Brands by 44.3% in the third quarter. Huber Capital Management LLC now owns 904,724 shares of the company’s stock valued at $55,930,000 after purchasing an additional 277,660 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Tupperware Brands by 0.9% in the third quarter. Bank of New York Mellon Corp now owns 846,231 shares of the company’s stock valued at $52,314,000 after purchasing an additional 7,401 shares during the last quarter. Institutional investors and hedge funds own 83.92% of the company’s stock.

TUP has been the subject of several recent analyst reports. ValuEngine cut shares of Tupperware Brands from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research lowered shares of Tupperware Brands from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. KeyCorp reiterated a “hold” rating on shares of Tupperware Brands in a report on Thursday, October 12th. Citigroup lifted their price target on shares of Tupperware Brands from $67.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, October 2nd. Finally, Morgan Stanley lifted their price target on shares of Tupperware Brands from $71.00 to $72.00 and gave the company an “equal weight” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $68.33.

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About Tupperware Brands

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.

Insider Buying and Selling by Quarter for Tupperware Brands (NYSE:TUP)

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