StockNews.com Begins Coverage on Tupperware Brands (NYSE:TUP)

Analysts at StockNews.com started coverage on shares of Tupperware Brands (NYSE:TUP) in a report released on Saturday. The firm set a “hold” rating on the stock.

Tupperware Brands Price Performance

Tupperware Brands has a 12-month low of $0.47 and a 12-month high of $2.72. The business has a fifty day moving average of $1.16 and a 200-day moving average of $1.33. The firm has a market capitalization of $21.94 million, a PE ratio of 0.37 and a beta of 2.90.

Hedge Funds Weigh In On Tupperware Brands

Several large investors have recently made changes to their positions in the business. XTX Topco Ltd increased its stake in Tupperware Brands by 19.2% during the second quarter. XTX Topco Ltd now owns 71,615 shares of the company’s stock valued at $100,000 after acquiring an additional 11,534 shares during the period. State Board of Administration of Florida Retirement System bought a new position in Tupperware Brands during the first quarter valued at about $26,000. Napatree Capital LLC bought a new position in Tupperware Brands during the fourth quarter valued at about $60,000. Cantor Fitzgerald L. P. grew its stake in shares of Tupperware Brands by 533.1% in the 4th quarter. Cantor Fitzgerald L. P. now owns 105,171 shares of the company’s stock valued at $210,000 after purchasing an additional 88,558 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Tupperware Brands by 18.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,550,537 shares of the company’s stock valued at $9,101,000 after purchasing an additional 704,700 shares during the period. Institutional investors and hedge funds 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.