Tupperware Brands (NYSE:TUP) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Tupperware Brands (NYSE:TUP) in a research report released on Sunday morning. The brokerage issued a hold rating on the stock.

Tupperware Brands Price Performance

The firm’s fifty day moving average price is $1.11 and its 200-day moving average price is $1.31. Tupperware Brands has a 12-month low of $0.47 and a 12-month high of $2.72. The company has a market capitalization of $21.94 million, a price-to-earnings ratio of 0.37 and a beta of 2.90.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Cantor Fitzgerald L. P. lifted its position in shares of Tupperware Brands by 533.1% during the fourth 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 in the last quarter. XTX Topco Ltd raised its position in Tupperware Brands by 19.2% in the second quarter. XTX Topco Ltd now owns 71,615 shares of the company’s stock worth $100,000 after acquiring an additional 11,534 shares during the period. Napatree Capital LLC bought a new stake in Tupperware Brands in the fourth quarter worth about $60,000. Finally, State Board of Administration of Florida Retirement System bought a new stake in Tupperware Brands in the first quarter worth about $26,000. 25.06% of the stock is owned by institutional investors.

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.