Meeder Asset Management Inc. Cuts Holdings in Tupperware Brands Co. (NYSE:TUP)

Meeder Asset Management Inc. lowered its stake in shares of Tupperware Brands Co. (NYSE:TUP) by 42.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,975 shares of the company’s stock after selling 17,821 shares during the quarter. Meeder Asset Management Inc.’s holdings in Tupperware Brands were worth $48,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its position in Tupperware Brands by 15.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,845,837 shares of the company’s stock valued at $5,384,000 after purchasing an additional 515,074 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Tupperware Brands by 2.7% during the 1st quarter. Vanguard Group Inc. now owns 3,436,327 shares of the company’s stock valued at $66,837,000 after buying an additional 91,951 shares in the last quarter. Millennium Management LLC lifted its position in Tupperware Brands by 284.2% in the 4th quarter. Millennium Management LLC now owns 2,111,654 shares of the company’s stock worth $8,742,000 after buying an additional 1,562,006 shares during the last quarter. State Street Corp boosted its stake in Tupperware Brands by 0.5% in the second quarter. State Street Corp now owns 1,929,315 shares of the company’s stock worth $12,232,000 after buying an additional 8,809 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in Tupperware Brands by 77.9% during the first quarter. AQR Capital Management LLC now owns 1,233,597 shares of the company’s stock valued at $3,084,000 after acquiring an additional 540,192 shares during the last quarter. 25.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Tupperware Brands in a report on Thursday, April 4th. They issued a “hold” rating for the company.

Tupperware Brands Price Performance

Tupperware Brands stock opened at $1.14 on Wednesday. The firm has a fifty day simple moving average of $1.39 and a two-hundred day simple moving average of $1.68. Tupperware Brands Co. has a twelve month low of $0.61 and a twelve month high of $5.91.

Tupperware Brands Profile

Tupperware Brands Corporation operates as a consumer products company in the Asia Pacific, Europe, Africa, the Middle East, North America, and South America. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home under the Tupperware brand name, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.