Barclays PLC Raises Stock Holdings in Tootsie Roll Industries, Inc. (NYSE:TR)

Barclays PLC raised its position in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 227.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,566 shares of the company’s stock after acquiring an additional 3,865 shares during the period. Barclays PLC’s holdings in Tootsie Roll Industries were worth $171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. nVerses Capital LLC bought a new position in shares of Tootsie Roll Industries during the 3rd quarter valued at approximately $43,000. US Bancorp DE grew its position in Tootsie Roll Industries by 70.9% in the 3rd quarter. US Bancorp DE now owns 4,927 shares of the company’s stock valued at $153,000 after acquiring an additional 2,044 shares during the last quarter. International Assets Investment Management LLC grew its position in Tootsie Roll Industries by 1,100.4% in the 3rd quarter. International Assets Investment Management LLC now owns 5,942 shares of the company’s stock valued at $192,000 after acquiring an additional 5,447 shares during the last quarter. iSAM Funds UK Ltd bought a new position in Tootsie Roll Industries in the 3rd quarter valued at $202,000. Finally, AQR Capital Management LLC bought a new position in Tootsie Roll Industries in the 2nd quarter valued at $205,000. 14.28% of the stock is owned by hedge funds and other institutional investors.

Tootsie Roll Industries Trading Down 1.2 %

TR opened at $30.98 on Thursday. Tootsie Roll Industries, Inc. has a 12-month low of $27.58 and a 12-month high of $34.00. The business’s fifty day simple moving average is $32.12 and its 200-day simple moving average is $30.87. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 23.69 and a beta of 0.22.

Tootsie Roll Industries (NYSE:TR) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.46 earnings per share for the quarter. Tootsie Roll Industries had a return on equity of 11.13% and a net margin of 13.02%. The firm had revenue of $223.89 million during the quarter.

Tootsie Roll Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, December 18th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend was Wednesday, December 18th. Tootsie Roll Industries’s dividend payout ratio (DPR) is presently 27.53%.

About Tootsie Roll Industries

Tootsie Roll Industries, Inc, together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks.