Security National Bank of SO Dak Boosts Position in Tupperware Brands Corporation (TUP)

Security National Bank of SO Dak increased its stake in Tupperware Brands Corporation (NYSE:TUP) by 3.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,911 shares of the company’s stock after purchasing an additional 331 shares during the quarter. Security National Bank of SO Dak’s holdings in Tupperware Brands Corporation were worth $696,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Teacher Retirement System of Texas raised its holdings in shares of Tupperware Brands Corporation by 0.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,033 shares of the company’s stock worth $283,000 after purchasing an additional 14 shares during the period. Alps Advisors Inc. raised its holdings in shares of Tupperware Brands Corporation by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 7,903 shares of the company’s stock worth $555,000 after purchasing an additional 21 shares during the period. World Asset Management Inc raised its holdings in shares of Tupperware Brands Corporation by 0.8% in the 2nd quarter. World Asset Management Inc now owns 4,081 shares of the company’s stock worth $287,000 after purchasing an additional 32 shares during the period. First Allied Advisory Services Inc. raised its holdings in shares of Tupperware Brands Corporation by 1.2% in the 2nd quarter. First Allied Advisory Services Inc. now owns 5,793 shares of the company’s stock worth $405,000 after purchasing an additional 66 shares during the period. Finally, State of Wisconsin Investment Board raised its holdings in shares of Tupperware Brands Corporation by 0.7% in the 2nd quarter. State of Wisconsin Investment Board now owns 10,073 shares of the company’s stock worth $707,000 after purchasing an additional 70 shares during the period. 84.98% of the stock is currently owned by institutional investors.

In other Tupperware Brands Corporation news, EVP Thomas M. Roehlk sold 2,000 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $61.56, for a total value of $123,120.00. Following the transaction, the executive vice president now directly owns 12,765 shares in the company, valued at $785,813.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 6,000 shares of company stock worth $361,180 over the last quarter. Insiders own 3.14% of the company’s stock.

TUP has been the topic of a number of research reports. 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. lifted 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, October 2nd. Finally, TheStreet cut shares of Tupperware Brands Corporation from a “b-” rating to a “c” rating in a report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Tupperware Brands Corporation has an average rating of “Hold” and an average price target of $68.25.

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Shares of Tupperware Brands Corporation (NYSE TUP) traded up 0.23% during midday trading on Tuesday, reaching $61.31. 61,264 shares of the company’s stock were exchanged. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 19.83 and a beta of 1.64. Tupperware Brands Corporation has a one year low of $52.32 and a one year high of $74.36. The firm has a 50 day moving average of $59.20 and a 200-day moving average of $65.34.

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 the Thomson Reuters’ consensus estimate 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 for the quarter, compared to the consensus estimate of $580.19 million. During the same period last year, the firm earned $1.16 earnings per share. The company’s quarterly revenue was up 1.5% on a year-over-year basis. On average, equities research analysts anticipate that Tupperware Brands Corporation will post $4.70 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Shareholders of record on Wednesday, September 20th were given a $0.68 dividend. The ex-dividend date was Tuesday, September 19th. This represents a $2.72 annualized dividend and a yield of 4.45%. Tupperware Brands Corporation’s payout ratio is presently 87.74%.

About Tupperware Brands Corporation

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.

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

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