UBS Asset Management Americas Inc. Boosts Holdings in Tupperware Brands Corporation (TUP)

Marco Green
October 12, 2017

Stockholders of record on Wednesday, September 20th were given a dividend of $0.68 per share. About 877,555 shares traded. Tupperware Brands Corporation (NYSE:TUP) has risen 29.01% since October 12, 2016 and is uptrending. Parametric Portfolio Associates LLC boosted its position in Tupperware Brands by 15.6% in the first quarter. Also, the number of hedge funds holding Tupperware Brands Corp in their top 10 stock positions was flat from 3 to 3 for the same number. Parametric Portfolio Associates LLC now owns 288,027 shares of the company's stock valued at $18,065,000 after buying an additional 38,889 shares during the period.

02/28/2014 - Tupperware Brands Corporation was downgraded to "hold" by analysts at Argus. The stock rose 0.53% or $1.15 reaching $217.2. About 54,018 shares traded.

Tupperware Brands Corporation is a global direct-to-consumer company. It has outperformed by 12.31% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 7 selling transactions for $5.65 million activity. Another trade for 2,950 shares valued at $211,191 was sold by HAJEK JOSEF.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp decreased Best Buy Inc (NYSE:BBY) stake by 7,700 shares to 303,800 valued at $17.42M in 2017Q2. $96,950 worth of stock was sold by Poucher Nicholas K. on Tuesday, May 9. The company's stock had a trading volume of 47,241 shares. Following the sale, the executive vice president now directly owns 16,765 shares in the company, valued at $1,014,114.85. It also reduced Perkinelmer Inc (NYSE:PKI) stake by 239,679 shares and now owns 25,863 shares. Freeport (NYSE:FCX) was raised too.

KeyCorp also issued estimates for Tupperware Brands Corporation's Q2 2018 earnings at $1.34 EPS, Q3 2018 earnings at $1.08 EPS, Q4 2018 earnings at $1.69 EPS and FY2018 earnings at $5.23 EPS. Therefore 14% are positive. Tupperware Brands Corporation had 16 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Monday, October 2 by Citigroup. Citigroup Inc. raised their target price on shares of Tupperware Brands Corporation from $67.00 to $68.00 and gave the company a "neutral" rating in a research note on Monday, October 2nd. The company was maintained on Tuesday, July 19 by Citigroup. The rating was downgraded by B. Riley & Co on Monday, November 28 to "Sell".

Investors sentiment increased to 1.12 in 2017 Q2. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.01. It is positive, as 34 investors sold TUP shares while 111 reduced holdings. 56 funds opened positions while 106 raised stakes. Grimes And Communications reported 3,620 shares. Cove Street Capital Ltd Liability holds 2.08% or 243,952 shares. Goldman Sachs Gp holds 0.01% or 520,669 shares in its portfolio. The stock stands almost $12.91 off versus the 52-week high of $74.36 and $9.13 above the 52-week low of $52.32. Huber Cap Mgmt Ltd Liability Corporation stated it has 2.25% in Tupperware Brands Corporation (NYSE:TUP). State Of Alaska Department Of Revenue, a Alaska-based fund reported 3,109 shares. 122,000 were accumulated by Ardsley Advisory Prtn.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Boston Private Wealth Limited Liability invested in 62,057 shares. 4,033 are owned by Teacher Retirement Sys Of Texas. Shares for $192,155 were sold by MULDER JOHN A on Thursday, June 1.

Tupperware Brands Corporation had its "buy" rating reiterated by analysts at Sidoti.

01/15/2014 - Tupperware Brands Corporation was upgraded to "buy" by analysts at S&P Capital IQ. The firm has "Outperform" rating given on Friday, October 21 by FBR Capital. The company was downgraded on Thursday, January 28 by Piper Jaffray. The stock of Gentex Corporation (NASDAQ:GNTX) earned "Hold" rating by Craig Hallum on Monday, July 24. Its up 0.07, from 0.85 in 2017Q1. It increased, as 42 investors sold GNTX shares while 139 reduced holdings. 226.47 million shares or 2.40% less from 232.03 million shares in 2017Q1 were reported. Invesco Ltd holds 0.02% in Gentex Corporation (NASDAQ:GNTX) or 2.62 million shares. Swiss Natl Bank has invested 0.01% in Gentex Corporation (NASDAQ:GNTX). Acadian Asset Management Ltd Liability Corporation holds 33,851 shares or 0% of its portfolio. Citadel Advsrs Lc reported 115,489 shares stake. Susquehanna Gru Ltd Liability Partnership owns 14,000 shares. Etrade Cap Mngmt Limited Liability holds 0.01% or 4,706 shares in its portfolio.

Shares of Tupperware Brands Co. American Century Cos invested 0.02% in Gentex Corporation (NASDAQ:GNTX). Rbf Lc has invested 0.41% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Bokf Na reported 1.01% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Moreover, Huntington Retail Bank has 0.01% invested in Gentex Corporation (NASDAQ:GNTX). They expect $0.74 earnings per share, down 2.63% or $0.02 from last year's $0.76 per share. MSFT's profit will be $5.70B for 26.03 P/E if the $0.74 EPS becomes a reality. Kernodle & Katon Asset Management Group LLC acquired a new stake in Tupperware Brands Corporation in the 1st quarter valued at about $110,000.

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