Community Financial Services Group LLC Increases Position in Tupperware Brands Co. (TUP)

Community Financial Services Group LLC boosted its position in Tupperware Brands Co. (NYSE:TUP) by 1.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 74,411 shares of the company’s stock after acquiring an additional 1,365 shares during the period. Tupperware Brands accounts for approximately 1.8% of Community Financial Services Group LLC’s portfolio, making the stock its 26th largest holding. Community Financial Services Group LLC owned approximately 0.15% of Tupperware Brands worth $4,666,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its position in shares of Tupperware Brands by 9.7% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 279,481 shares of the company’s stock valued at $17,524,000 after buying an additional 24,663 shares during the period. Gateway Investment Advisers LLC increased its position in shares of Tupperware Brands by 8.7% during the fourth quarter. Gateway Investment Advisers LLC now owns 30,210 shares of the company’s stock valued at $1,894,000 after buying an additional 2,429 shares during the period. Bank of Montreal Can increased its position in shares of Tupperware Brands by 26.2% during the fourth quarter. Bank of Montreal Can now owns 17,637 shares of the company’s stock valued at $1,106,000 after buying an additional 3,659 shares during the period. Sawyer & Company Inc bought a new stake in shares of Tupperware Brands during the fourth quarter valued at about $1,043,000. Finally, LGT Capital Partners LTD. increased its position in shares of Tupperware Brands by 10.2% during the fourth quarter. LGT Capital Partners LTD. now owns 369,020 shares of the company’s stock valued at $23,138,000 after buying an additional 34,280 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

TUP has been the topic of several analyst reports. Zacks Investment Research upgraded Tupperware Brands from a “hold” rating to a “buy” rating and set a $71.00 price target on the stock in a research report on Wednesday, December 13th. Morgan Stanley upped their price objective on shares of Tupperware Brands from $71.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 26th. KeyCorp restated a “hold” rating on shares of Tupperware Brands in a research report on Thursday, October 12th. SunTrust Banks restated a “hold” rating and issued a $65.00 price objective on shares of Tupperware Brands in a research report on Friday, October 27th. Finally, ValuEngine upgraded shares of Tupperware Brands from a “hold” rating to a “buy” rating in a research report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $68.83.

Tupperware Brands Co. (NYSE:TUP) traded up $0.55 during mid-day trading on Thursday, hitting $63.55. 389,600 shares of the company traded hands, compared to its average volume of 388,309. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.52 and a current ratio of 0.98. The company has a market capitalization of $3,205.91, a PE ratio of 23.11, a price-to-earnings-growth ratio of 1.02 and a beta of 1.75. Tupperware Brands Co. has a one year low of $55.16 and a one year high of $74.36.

Tupperware Brands (NYSE:TUP) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.09. The company had revenue of $539.50 million for the quarter, compared to analysts’ expectations of $538.80 million. Tupperware Brands had a net margin of 6.18% and a return on equity of 101.23%. Tupperware Brands’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 earnings per share. equities analysts anticipate that Tupperware Brands Co. will post 4.75 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th were paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 4.28%. The ex-dividend date of this dividend was Tuesday, December 19th. Tupperware Brands’s dividend payout ratio is currently 98.91%.

In other Tupperware Brands news, Chairman E V. Goings sold 44,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $59.26, for a total value of $2,642,996.00. Following the completion of the sale, the chairman now owns 54,059 shares of the company’s stock, valued at $3,203,536.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $59.39, for a total value of $118,780.00. Following the completion of the sale, the executive vice president now directly owns 10,765 shares of the company’s stock, valued at approximately $639,333.35. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,600 shares of company stock valued at $3,010,776. 3.22% of the stock is owned by insiders.

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Tupperware Brands Company 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.

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

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