Tupperware Brands Co. (NYSE:TUP) – KeyCorp cut their Q4 2017 earnings estimates for shares of Tupperware Brands in a report released on Wednesday. KeyCorp analyst J. Gere now expects that the company will earn $1.50 per share for the quarter, down from their prior estimate of $1.51. KeyCorp currently has a “Hold” rating on the stock.

Other analysts have also issued reports about the stock. TheStreet raised shares of Tupperware Brands from a “c” rating to a “b-” rating in a research report on Wednesday, October 25th. ValuEngine raised shares of Tupperware Brands from a “hold” rating to a “buy” rating in a research report on Thursday, January 4th. Zacks Investment Research raised shares of Tupperware Brands from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a research report on Wednesday, December 13th. Morgan Stanley increased their price target on shares of Tupperware Brands from $71.00 to $72.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. Finally, SunTrust Banks reissued a “hold” rating and set a $65.00 price target on shares of Tupperware Brands in a research report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $68.83.

Shares of Tupperware Brands (TUP) opened at $63.59 on Monday. The company has a market cap of $3,240.00, a PE ratio of 23.12, a price-to-earnings-growth ratio of 1.03 and a beta of 1.75. Tupperware Brands has a 1 year low of $53.65 and a 1 year high of $74.36. The company has a current ratio of 0.98, a quick ratio of 0.52 and a debt-to-equity ratio of 2.56.

Tupperware Brands (NYSE:TUP) last released its quarterly earnings results on Wednesday, October 25th. The company reported $1.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.09. The business had revenue of $539.50 million during the quarter, compared to analyst estimates of $538.80 million. Tupperware Brands had a net margin of 6.18% and a return on equity of 101.23%. The company’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 earnings per share.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Wednesday, December 20th were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $2.72 annualized dividend and a dividend yield of 4.28%. Tupperware Brands’s dividend payout ratio (DPR) is currently 98.91%.

In other news, Chairman E V. Goings sold 44,600 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $59.26, for a total transaction of $2,642,996.00. Following the transaction, the chairman now owns 54,059 shares in the company, valued at $3,203,536.34. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $59.39, for a total transaction of $118,780.00. Following the transaction, the executive vice president now owns 10,765 shares in the company, valued at approximately $639,333.35. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,600 shares of company stock worth $3,010,776. Corporate insiders own 3.14% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Principal Financial Group Inc. increased its holdings in Tupperware Brands by 0.8% in the 3rd quarter. Principal Financial Group Inc. now owns 1,135,842 shares of the company’s stock worth $70,217,000 after buying an additional 8,594 shares during the period. Schroder Investment Management Group increased its holdings in Tupperware Brands by 0.5% in the 3rd quarter. Schroder Investment Management Group now owns 1,010,023 shares of the company’s stock worth $61,844,000 after buying an additional 4,611 shares during the period. Dimensional Fund Advisors LP increased its holdings in Tupperware Brands by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 929,056 shares of the company’s stock worth $57,433,000 after buying an additional 11,710 shares during the period. Huber Capital Management LLC increased its holdings in Tupperware Brands by 44.3% in the 3rd quarter. Huber Capital Management LLC now owns 904,724 shares of the company’s stock worth $55,930,000 after buying an additional 277,660 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in Tupperware Brands by 0.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 846,231 shares of the company’s stock worth $52,314,000 after buying an additional 7,401 shares during the period. Institutional investors own 83.71% of the company’s stock.

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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.

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