Economy

Tupperware Brands Corporation (NYSE:TUP) Shares Dip Under Moving Averages

Tupperware Brands Corporation (NYSE:TUP) Shares Dip Under Moving Averages”

Accern also gave media coverage about the company an impact score of 61 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days. Wall Street is only getting neutral on the stock, with 1 of analysts who cover TUP having a buy-equivalent rating. Huntington National Bank now owns 1,912 shares of the company's stock valued at $120,000 after buying an additional 212 shares during the period. Legato Capital Management has an ownership of 56,260 stocks of the firms shares valued $897,000 after scooping up an extra 55,363 shares through out the quarter. Renaissance Technologies LLC now owns 169,800 shares of the company's stock worth $10,650,000 after buying an additional 123,800 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of Tupperware Brands Corporation during the first quarter worth $1,133,000. Finally, Louisiana State Employees Retirement System raised its stake in shares of Tupperware Brands Corporation by 2.4% in the first quarter.

Tupperware Brands Corporation (NYSE:TUP) announced its earnings results on Wednesday. The share last price represents downtick move of -14.05% in value from company's 52-Week high price and shows 22.15% above change in value from its 52-Week low price. The company has a 50 day moving average price of $70.48 and a 200 day moving average price of $65.21. The firm has a market capitalization of $3.53 billion, a price-to-earnings ratio of 15.54 and a beta of 1.64. The company reported $1.01 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.94 by $0.07. The firm had revenue of $572.90 million for the quarter, compared to analysts' expectations of $580.19 million. The business's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.16 earnings per share. Including today's unusual volume, Tupperware Brands Corporation's stock is performing at 32.27% on the year. Investors with a record date on early Tue, Jun 20th were paid a $0.68 dividend. this indicates a $2.72 annual dividend and a payout of of 3.91%. The ex-dividend date of this dividend was Friday, June 16th. Tupperware Brands Corporation's dividend payout ratio (DPR) is now 60.85%.

TRADEMARK VIOLATION WARNING: This piece of content was reported by Markets Daily and is the property of of Markets Daily. If you are accessing this story on another website, it was illegally copied and republished in violation of U.S. & worldwide copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.themarketsdaily.com/2017/07/26/tupperware-brands-corporation-nysetup-shares-sold-by-bank-of-america-corp-de-updated.html. Finally, BidaskClub cut Tupperware Brands Corporation from a "strong-buy" rating to a "buy" rating in a research report on Thursday, July 13th. Analysts have placed a $75.4 price target on Tupperware Brands Corporation, suggesting a 17.98% gain from recent close.

Tupperware Brands Corporation has a consensus hold rating from 7 Wall Street analysts, and the number of shares now sold short amount to at least 4.41% of shares outstanding. The stock presently has a consensus rating of "Hold" and a consensus price target of $68.75. Its last month's stock price volatility remained 3.3% which for the week approaches 2.36%. The shares were sold at an average price of $70.67, for a total value of $141,340.00. Following the sale, the senior vice president now directly owns 3,568 shares in the company, valued at $256,182.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. A significant increase in trading volume means that more than double the average amount of stocks are moving. Following the transaction, the chairman now directly owns 9,459 shares in the company, valued at $687,385.53.

02/06/2014 - Tupperware Brands Corporation was downgraded to " by analysts at First Global.



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