Tupperware Brands (NYSE:TUP) Share Price Crosses Above 200 Day Moving Average of $1.60

Tupperware Brands Co. (NYSE:TUP) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.60 and traded as high as $2.03. Tupperware Brands shares last traded at $1.86, with a volume of 1,841,013 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Tupperware Brands in a research report on Thursday, April 4th. They issued a “hold” rating on the stock.

Tupperware Brands Price Performance

The firm’s 50-day moving average is $1.35 and its 200 day moving average is $1.60.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TUP. Charles Schwab Investment Management Inc. grew its stake in 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 buying an additional 704,700 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Tupperware Brands by 96.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 110,184 shares of the company’s stock valued at $154,000 after buying an additional 54,025 shares during the last quarter. Cantor Fitzgerald L. P. grew its stake in 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 buying an additional 88,558 shares during the last quarter. Larson Financial Group LLC acquired a new position in Tupperware Brands in the 4th quarter valued at about $161,000. Finally, Apollon Wealth Management LLC grew its stake in Tupperware Brands by 100.0% in the 4th quarter. Apollon Wealth Management LLC now owns 40,000 shares of the company’s stock valued at $80,000 after buying an additional 20,000 shares during the last quarter. 25.06% of the stock is currently owned by institutional investors and hedge funds.

About Tupperware Brands

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.