StockNews.com assumed coverage on shares of Tupperware Brands (NYSE:TUP – Get Rating) in a report published on Thursday morning. The brokerage issued a hold rating on the stock.
Separately, DA Davidson dropped their target price on Tupperware Brands from $4.50 to $3.00 and set a neutral rating on the stock in a research note on Monday, March 13th.
Tupperware Brands Trading Down 7.7 %
TUP opened at $2.27 on Thursday. The firm has a market cap of $100.97 million, a price-to-earnings ratio of -5.67, a PEG ratio of 0.56 and a beta of 2.24. Tupperware Brands has a 12 month low of $2.21 and a 12 month high of $21.10. The stock has a fifty day moving average price of $3.93 and a 200-day moving average price of $5.36.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in TUP. DGS Capital Management LLC purchased a new stake in Tupperware Brands during the 4th quarter valued at about $45,000. Macquarie Group Ltd. grew its stake in Tupperware Brands by 4,168.4% during the 4th quarter. Macquarie Group Ltd. now owns 116,100 shares of the company’s stock valued at $481,000 after purchasing an additional 113,380 shares during the last quarter. State of Wisconsin Investment Board grew its stake in Tupperware Brands by 63.4% during the 4th quarter. State of Wisconsin Investment Board now owns 171,988 shares of the company’s stock valued at $712,000 after purchasing an additional 66,762 shares during the last quarter. Millennium Management LLC grew its stake in Tupperware Brands by 284.2% during the 4th quarter. Millennium Management LLC now owns 2,111,654 shares of the company’s stock valued at $8,742,000 after purchasing an additional 1,562,006 shares during the last quarter. Finally, Mariner LLC purchased a new stake in Tupperware Brands during the 4th quarter valued at about $124,000. 71.39% of the stock is currently owned by hedge funds and other institutional investors.
Tupperware Brands Company Profile
Tupperware Brands Corp. operates as a direct-to-consumer marketer of products across multiple brands and categories. It operates through the following geographical segments: Europe, Asia Pacific, North America and South America. product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand, and beauty and personal care products through the Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics and Nuvo brands.
- Get a free copy of the StockNews.com research report on Tupperware Brands (TUP)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
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.