Thrivent Financial For Lutherans increased its stake in Tupperware Brands Corporation (NYSE:TUP) by 34.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 533,091 shares of the company’s stock after acquiring an additional 137,790 shares during the period. Thrivent Financial For Lutherans owned about 1.05% of Tupperware Brands Corporation worth $37,439,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas lifted its stake 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 valued at $283,000 after acquiring an additional 14 shares during the last quarter. Alps Advisors Inc. lifted its stake 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 valued at $555,000 after acquiring an additional 21 shares during the last quarter. World Asset Management Inc lifted its stake 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 valued at $287,000 after acquiring an additional 32 shares during the last quarter. State of Wisconsin Investment Board lifted its stake 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 valued at $707,000 after acquiring an additional 70 shares during the last quarter. Finally, CrestPoint Capital Management LLC lifted its stake in shares of Tupperware Brands Corporation by 0.7% in the 2nd quarter. CrestPoint Capital Management LLC now owns 15,000 shares of the company’s stock valued at $1,053,000 after acquiring an additional 100 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

A number of equities research analysts have recently weighed in on TUP shares. ValuEngine lowered Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research lowered Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, July 29th. BidaskClub lowered Tupperware Brands Corporation from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 13th. Finally, TheStreet lowered Tupperware Brands Corporation from a “b-” rating to a “c” rating in a research note on Thursday, August 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $71.33.

Tupperware Brands Corporation (NYSE TUP) remained flat at $59.69 on Monday. 38,897 shares of the company were exchanged. The company has a market cap of $3.04 billion, a P/E ratio of 19.30 and a beta of 1.62. The firm’s 50 day moving average is $58.54 and its 200-day moving average is $65.31. Tupperware Brands Corporation has a 12-month low of $52.32 and a 12-month high of $74.36.

Tupperware Brands Corporation (NYSE:TUP) last released its quarterly earnings results on Wednesday, July 26th. The company reported $1.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.20 by $0.01. The company had revenue of $572.90 million during the quarter, compared to analyst estimates of $580.19 million. Tupperware Brands Corporation had a return on equity of 102.71% and a net margin of 7.00%. The firm’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $1.16 earnings per share. On average, equities research analysts expect that Tupperware Brands Corporation will post $4.70 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Wednesday, September 20th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Tuesday, September 19th. This represents a $2.72 annualized dividend and a dividend yield of 4.56%. Tupperware Brands Corporation’s dividend payout ratio (DPR) is presently 87.74%.

TRADEMARK VIOLATION WARNING: “Thrivent Financial For Lutherans Buys 137,790 Shares of Tupperware Brands Corporation (TUP)” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another domain, it was illegally copied and republished in violation of international copyright legislation. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/09/18/thrivent-financial-for-lutherans-buys-137790-shares-of-tupperware-brands-corporation-tup.html.

In other Tupperware Brands Corporation news, EVP Thomas M. Roehlk sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $58.54, for a total transaction of $117,080.00. Following the completion of the transaction, the executive vice president now owns 14,765 shares in the company, valued at $864,343.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 6,000 shares of company stock valued at $379,400 in the last 90 days. Company insiders own 3.14% of the company’s stock.

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.

Want to see what other hedge funds are holding TUP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tupperware Brands Corporation (NYSE:TUP).

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

Receive News & Stock Ratings for Tupperware Brands Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tupperware Brands Corporation and related stocks with our FREE daily email newsletter.