Rational Advisors LLC Purchases Shares of 7,180 Tupperware Brands Co. (TUP)

Share on StockTwits

Rational Advisors LLC purchased a new position in shares of Tupperware Brands Co. (NYSE:TUP) in the first quarter, Holdings Channel reports. The fund purchased 7,180 shares of the company’s stock, valued at approximately $184,000.

Other hedge funds have also made changes to their positions in the company. Quadrant Capital Group LLC lifted its holdings in shares of Tupperware Brands by 264.9% in the first quarter. Quadrant Capital Group LLC now owns 1,029 shares of the company’s stock valued at $25,000 after buying an additional 747 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in shares of Tupperware Brands in the first quarter valued at $27,000. Acadian Asset Management LLC acquired a new stake in shares of Tupperware Brands in the fourth quarter valued at $33,000. Trustcore Financial Services LLC acquired a new stake in shares of Tupperware Brands in the first quarter valued at $33,000. Finally, NumerixS Investment Technologies Inc acquired a new stake in shares of Tupperware Brands in the fourth quarter valued at $47,000. Institutional investors own 82.74% of the company’s stock.

Several analysts have recently weighed in on the company. Zacks Investment Research upgraded Tupperware Brands from a “sell” rating to a “hold” rating in a report on Friday. TheStreet upgraded Tupperware Brands from a “d+” rating to a “c” rating in a report on Friday, March 15th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Tupperware Brands has a consensus rating of “Hold” and an average price target of $36.75.

Shares of Tupperware Brands stock opened at $20.86 on Friday. The firm has a market capitalization of $1.02 billion, a PE ratio of 4.85, a PEG ratio of 0.46 and a beta of 0.80. Tupperware Brands Co. has a fifty-two week low of $20.46 and a fifty-two week high of $45.90.

Tupperware Brands (NYSE:TUP) last announced its earnings results on Wednesday, April 24th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The company had revenue of $487.30 million for the quarter, compared to analyst estimates of $496.60 million. Tupperware Brands had a negative return on equity of 102.79% and a net margin of 7.80%. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. Analysts forecast that Tupperware Brands Co. will post 4.02 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, July 8th. Stockholders of record on Wednesday, June 19th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend is Tuesday, June 18th. Tupperware Brands’s dividend payout ratio (DPR) is presently 25.12%.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Zolmax and is the sole property of of Zolmax. If you are accessing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece can be viewed at https://zolmax.com/investing/rational-advisors-llc-purchases-shares-of-7180-tupperware-brands-co-tup/3095198.html.

Tupperware Brands Profile

Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories in Europe, Africa, the Middle East, the Asia Pacific, North America, and South America. The company engages in the manufacture and sale of design-centric preparation, storage, and serving solutions for the kitchen and home, 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.

Further Reading: Are all No-Load Funds Equal?

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 Co. (NYSE:TUP).

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

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



Latest News

AiLink Token Hits 24 Hour Trading Volume of $21,643.00
AiLink Token Hits 24 Hour Trading Volume of $21,643.00
Nexo  Market Capitalization Achieves $43.63 Million
Nexo Market Capitalization Achieves $43.63 Million
InterCrone  Price Hits $0.0058 on Exchanges
InterCrone Price Hits $0.0058 on Exchanges
Bankcoin  Price Reaches $0.0024 on Major Exchanges
Bankcoin Price Reaches $0.0024 on Major Exchanges
Bitcore  Tops 1-Day Volume of $710.00
Bitcore Tops 1-Day Volume of $710.00
Zacks: Analysts Expect Sangamo Therapeutics Inc  Will Post Quarterly Sales of $15.98 Million
Zacks: Analysts Expect Sangamo Therapeutics Inc Will Post Quarterly Sales of $15.98 Million


 
© 2006-2019 Zolmax.