Tupperware Brands (NYSE:TUP) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Tupperware Brands (NYSE:TUP) in a research note released on Wednesday morning. The brokerage issued a hold rating on the stock.

Tupperware Brands Trading Up 3.7 %

Shares of NYSE:TUP opened at $1.39 on Wednesday. The company has a 50-day moving average price of $1.50 and a 200-day moving average price of $1.72. The company has a market cap of $64.32 million, a price-to-earnings ratio of -3.47 and a beta of 2.76. Tupperware Brands has a 12 month low of $0.61 and a 12 month high of $5.91.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Napatree Capital LLC purchased a new position in shares of Tupperware Brands during the fourth quarter valued at approximately $60,000. Vanguard Group Inc. boosted its holdings in Tupperware Brands by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 2,230,088 shares of the company’s stock valued at $4,460,000 after acquiring an additional 55,046 shares in the last quarter. D L Carlson Investment Group Inc. purchased a new position in Tupperware Brands during the 4th quarter valued at $50,000. Barclays PLC bought a new position in Tupperware Brands in the 4th quarter worth $200,000. Finally, Bridgeway Capital Management LLC lifted its position in shares of Tupperware Brands by 49.1% in the 4th quarter. Bridgeway Capital Management LLC now owns 121,500 shares of the company’s stock worth $243,000 after purchasing an additional 40,000 shares during the period. Institutional investors own 25.06% of the company’s stock.

Tupperware Brands Company 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.