November 30, 2016 - By whatsonthorold
Recently, an insider trading sale was made. William Wright, the EVP – Global Supply Chain and an insider of Tupperware Brands Corp sold a total of 2,100 shares of Tupperware Brands Corp, worth close to $119,534 U.S Dollars, at $56.9 per each share at the time of the sale. The stock sale by Mr. William – was recorded on 30-11-2016 and revealed in a SEC’s filing available here. William Wright today has 6,425 shares or 0.01% of Tupperware Brands Corp’s market cap.
Out of 5 analysts covering Tupperware Brands Corporation (NYSE:TUP), 0 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 0 are positive. $67 is the highest target while $47 is the lowest. The $54.67 average target is -5.32% below today’s ($57.74) stock price. Tupperware Brands Corporation has been the topic of 12 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was downgraded by Piper Jaffray on Thursday, January 28 to “Neutral”. The rating was maintained by B. Riley & Co on Friday, October 21 with “Neutral”. The rating was maintained by Citigroup with “Neutral” on Friday, March 18. The company was downgraded on Friday, February 26 by KeyBanc Capital Markets. The rating was downgraded by B. Riley & Co on Monday, November 28 to “Sell”. The rating was maintained by B. Riley & Co with “Neutral” on Thursday, October 22. On Thursday, October 8 the stock rating was downgraded by Bank of America to “Underperform”. The stock has “Neutral” rating given by B. Riley & Co on Thursday, April 21. The stock has “Neutral” rating given by JP Morgan on Wednesday, September 2. On Tuesday, July 19 the stock rating was maintained by Citigroup with “”.
Insitutional Activity: The institutional sentiment increased to 1.34 in 2016 Q2. Its up 0.23, from 1.11 in 2016Q1. The ratio increased, as 49 funds sold all Tupperware Brands Corporation shares owned while 91 reduced positions. 38 funds bought stakes while 118 increased positions. They now own 45.27 million shares or 1.27% less from 45.85 million shares in 2016Q1.
Courier Cap Corporation accumulated 6,201 shares or 0.07% of the stock. Boston Advsrs Ltd Company last reported 3,950 shares in the company. Victory Cap Mngmt Inc, a Ohio-based fund reported 5,652 shares. State Street, a Massachusetts-based fund reported 1.44 million shares. Nicholas Company Wi last reported 304,650 shares in the company. Teacher Retirement Sys Of Texas holds 7,033 shares or 0% of its portfolio. Bessemer Grp holds 99 shares or 0% of its portfolio. Washington Bank & Trust last reported 889 shares in the company. The Illinois-based Great Lakes Advisors Ltd Liability Corporation has invested 0.11% in Tupperware Brands Corporation (NYSE:TUP). The United Kingdom-based Cantab Capital Prtnrs Limited Liability Partnership has invested 0% in Tupperware Brands Corporation (NYSE:TUP). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management Corp holds 0.01% or 13,700 shares in its portfolio. Schwab Charles Investment Mgmt last reported 197,863 shares in the company. Ameritas has 8,485 shares for 0.03% of their US portfolio. Citigroup, a New York-based fund reported 17,134 shares. Stifel Finance reported 58,273 shares or 0.02% of all its holdings.
Insider Transactions: Since June 15, 2016, the stock had 0 insider purchases, and 11 sales for $10.85 million net activity. DANDO ALLAN had sold 620 shares worth $37,086 on Tuesday, November 8. 10,000 shares were sold by MARTINEZ ANGEL R, worth $622,272. GUPTA ASHA sold $25,060 worth of stock or 400 shares. $117,871 worth of Tupperware Brands Corporation (NYSE:TUP) was sold by ROEHLK THOMAS M on Tuesday, November 1. The insider GOINGS E V sold 150,000 shares worth $9.37 million.
The stock increased 2.29% or $1.29 during the last trading session, hitting $57.74. Tupperware Brands Corporation (NYSE:TUP) has declined 3.83% since April 27, 2016 and is downtrending. It has underperformed by 9.06% the S&P500.
Tupperware Brands Corporation is engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The company has a market cap of $2.78 billion. The Company’s divisions are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America. It has a 14.44 P/E ratio. The Europe, Asia Pacific and Tupperware North America divisions include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand.
According to Zacks Investment Research, “Tupperware Brands Corporation is a global direct seller of premium, innovative products across multiple brands and categories through an independent sales force. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand and beauty and personal care products through its Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics, Nuvo and Swissgarde brands.”
Analysts await Tupperware Brands Corporation (NYSE:TUP) to report earnings on January, 25. They expect $1.40 EPS, up 3.70% or $0.05 from last year’s $1.35 per share. TUP’s profit will be $67.41 million for 10.31 P/E if the $1.40 EPS becomes a reality. After $0.87 actual EPS reported by Tupperware Brands Corporation for the previous quarter, Wall Street now forecasts 60.92% EPS growth.
More notable recent Tupperware Brands Corporation (NYSE:TUP) news were published by: Prnewswire.com which released: “Tupperware Brands Corporation Announces Third Quarter 2016 Earnings Conference ..” on September 22, 2016, also Streetinsider.com with their article: “Form 4 TUPPERWARE BRANDS CORP For: Nov 28 Filed by: WRIGHT WILLIAM J” published on November 30, 2016, Fool.com published: “Why Tupperware Brands Corporation Shares Tanked” on January 27, 2016. More interesting news about Tupperware Brands Corporation (NYSE:TUP) were released by: Prnewswire.com and their article: “Tupperware Brands Corporation Announces First Quarter 2016 Earnings Conference ..” published on March 23, 2016 as well as Prnewswire.com‘s news article titled: “Tupperware Brands Corporation Announces Second Quarter 2016 Earnings ..” with publication date: June 16, 2016.
Tupperware Brands Corporation (Tupperware Brands), incorporated on February 8, 1996, is a global direct-to-consumer firm engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The Firm operates through five divisions in three geographic regions: Europe (Europe, Africa and the Middle East), Asia Pacific and the Americas. The Company’s divisions are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America. The Company’s Europe, Asia Pacific and Tupperware North America divisions include primarily design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand. The Europe segment includes Avroy Shlain, which sells beauty and personal care products. The Asia Pacific segment sells beauty and personal care products under the NaturCare, Nutrimetics and Fuller brands. The Company’s Beauty North America segment offers cosmetics, skin care and personal care products marketed under the BeautiControl brand in the United States, Canada and Puerto Rico, and the Armand Dupree and Fuller Cosmetics brands in Mexico and Central America. The Company’s South America segment offers both housewares and beauty products under the Armand Dupree, Fuller, Nuvo and Tupperware brands.
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