Tupperware Brands (NYSE:TUP) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Tupperware Brands (NYSE:TUP) in a research note published on Saturday. The brokerage issued a hold rating on the stock.

Tupperware Brands Stock Performance

The company has a market capitalization of $21.94 million, a price-to-earnings ratio of 0.37 and a beta of 2.90. Tupperware Brands has a one year low of $0.47 and a one year high of $2.72. The company has a 50-day moving average price of $1.16 and a two-hundred day moving average price of $1.33.

Hedge Funds Weigh In On Tupperware Brands

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. XTX Topco Ltd boosted its holdings in Tupperware Brands by 19.2% in the 2nd quarter. XTX Topco Ltd now owns 71,615 shares of the company’s stock worth $100,000 after buying an additional 11,534 shares during the period. State Board of Administration of Florida Retirement System bought a new position in shares of Tupperware Brands in the first quarter worth $26,000. Napatree Capital LLC purchased a new position in shares of Tupperware Brands in the fourth quarter valued at $60,000. Cantor Fitzgerald L. P. raised its stake in shares of Tupperware Brands by 533.1% during 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. lifted its holdings in Tupperware Brands by 18.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,550,537 shares of the company’s stock worth $9,101,000 after purchasing an additional 704,700 shares in the last quarter. 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.