KeyCorp reissued their hold rating on shares of Tupperware Brands Corporation (NYSE:TUP) in a research report sent to investors on Thursday morning. KeyCorp also issued estimates for Tupperware Brands Corporation’s Q4 2017 earnings at $1.50 EPS, FY2017 earnings at $4.68 EPS, Q1 2018 earnings at $1.12 EPS, Q2 2018 earnings at $1.34 EPS, Q3 2018 earnings at $1.08 EPS, Q4 2018 earnings at $1.69 EPS and FY2018 earnings at $5.23 EPS.

Other equities research analysts also recently issued reports about the stock. BidaskClub downgraded shares of Tupperware Brands Corporation from a buy rating to a hold rating in a research note on Monday, July 24th. Zacks Investment Research raised shares of Tupperware Brands Corporation from a sell rating to a buy rating and set a $77.00 target price on the stock in a research note on Thursday, July 13th. TheStreet downgraded shares of Tupperware Brands Corporation from a b- rating to a c rating in a research note on Thursday, August 10th. Citigroup Inc. raised their target price on shares of Tupperware Brands Corporation from $67.00 to $68.00 and gave the company a neutral rating in a research note on Monday, October 2nd. Finally, ValuEngine downgraded shares of Tupperware Brands Corporation from a buy rating to a hold rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $68.25.

Tupperware Brands Corporation (TUP) opened at 61.70 on Thursday. The stock has a 50 day moving average of $59.81 and a 200 day moving average of $65.32. Tupperware Brands Corporation has a 12 month low of $52.32 and a 12 month high of $74.36. The firm has a market capitalization of $3.14 billion, a PE ratio of 19.95 and a beta of 1.64.

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

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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 dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend was Tuesday, September 19th. Tupperware Brands Corporation’s payout ratio is currently 87.74%.

In other news, EVP Thomas M. Roehlk sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $58.54, for a total value of $117,080.00. Following 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 the SEC website. Insiders sold 6,000 shares of company stock worth $361,180 in the last 90 days. Company insiders own 3.22% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Teacher Retirement System of Texas grew its holdings in shares of Tupperware Brands Corporation by 0.3% in the second 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 last quarter. Alps Advisors Inc. grew its holdings in shares of Tupperware Brands Corporation by 0.3% in the second 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 last quarter. World Asset Management Inc grew its holdings in shares of Tupperware Brands Corporation by 0.8% in the second 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 last quarter. First Allied Advisory Services Inc. grew its holdings in shares of Tupperware Brands Corporation by 1.2% in the second 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 last quarter. Finally, State of Wisconsin Investment Board grew its holdings in shares of Tupperware Brands Corporation by 0.7% in the second 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 last quarter. Hedge funds and other institutional investors own 84.98% 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.

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