Denver Investment Advisors Lowers stake in Tupperware Brands Corporation (TUP)

Tupperware Brands Corporation (TUP) : Denver Investment Advisors reduced its stake in Tupperware Brands Corporation by 4.99% during the most recent quarter end. The investment management company now holds a total of 348,703 shares of Tupperware Brands Corporation which is valued at $22,442,525 after selling 18,328 shares in Tupperware Brands Corporation , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Tupperware Brands Corporation makes up approximately 0.96% of Denver Investment Advisors’s portfolio.

Other Hedge Funds, Including , Fuller Thaler Asset Management reduced its stake in TUP by selling 186,680 shares or 16.84% in the most recent quarter. The Hedge Fund company now holds 922,106 shares of TUP which is valued at $58,959,458. Tupperware Brands Corporation makes up approx 0.96% of Fuller Thaler Asset Management’s portfolio.Louisiana State Employees Retirement System reduced its stake in TUP by selling 600 shares or 4.29% in the most recent quarter. The Hedge Fund company now holds 13,400 shares of TUP which is valued at $834,016. Tupperware Brands Corporation makes up approx 0.04% of Louisiana State Employees Retirement System’s portfolio.Kelman-lazarov reduced its stake in TUP by selling 2,450 shares or 79.7% in the most recent quarter. The Hedge Fund company now holds 624 shares of TUP which is valued at $36,373. Tupperware Brands Corporation makes up approx 0.02% of Kelman-lazarov’s portfolio.

Tupperware Brands Corporation closed down -0.25 points or -0.38% at $64.89 with 2,93,783 shares getting traded on Wednesday. Post opening the session at $65.04, the shares hit an intraday low of $64.53 and an intraday high of $65.14 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Tupperware Brands Corporation reported $1.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $1.10. The company had revenue of $564.70 million for the quarter, compared to analysts expectations of $559.92 million. The company’s revenue was down -4.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.21 EPS.

Tupperware Brands Corporation (Tupperware Brands) is a global direct-to-consumer company engaged in the manufacture and sale of Tupperware products and cosmetics and personal care products. The Company’s Europe Asia Pacific and Tupperware North America segments offer storage and serving solutions for the kitchen and home through the Tupperware brand. Europe segment includes Avroy Shlain which sells beauty and personal care products. Asia Pacific segment sells beauty and personal care products under the NaturCare Nutrimetics and Fuller brands. The Company’s Beauty North America segment offers cosmetics skin care and personal care products marketed under the BeautiControl brand in the United States Canada and Puerto Rico and the Armand Dupree and Fuller Cosmetics brands in Mexico and Central America. The Company’s South America segment offers both housewares and beauty products under the Armand Dupree Fuller Nuvo and Tupperware brands.

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