6,194 Shares in Tootsie Roll Industries, Inc. (NYSE:TR) Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC bought a new position in shares of Tootsie Roll Industries, Inc. (NYSE:TR) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 6,194 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TR. Quest Partners LLC raised its holdings in shares of Tootsie Roll Industries by 3.7% in the third quarter. Quest Partners LLC now owns 12,814 shares of the company’s stock valued at $397,000 after purchasing an additional 452 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Tootsie Roll Industries by 1.5% in the third quarter. HighTower Advisors LLC now owns 44,838 shares of the company’s stock valued at $1,388,000 after purchasing an additional 668 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Tootsie Roll Industries by 133.5% during the fourth quarter. GAMMA Investing LLC now owns 1,807 shares of the company’s stock worth $58,000 after acquiring an additional 1,033 shares during the period. nVerses Capital LLC acquired a new stake in shares of Tootsie Roll Industries during the third quarter worth $43,000. Finally, US Bancorp DE increased its holdings in shares of Tootsie Roll Industries by 70.9% during the third quarter. US Bancorp DE now owns 4,927 shares of the company’s stock worth $153,000 after purchasing an additional 2,044 shares during the period. 14.28% of the stock is owned by institutional investors.

Tootsie Roll Industries Stock Down 1.0 %

TR stock opened at $30.82 on Tuesday. The company’s 50-day moving average price is $31.47 and its two-hundred day moving average price is $31.01. The firm has a market cap of $2.20 billion, a P/E ratio of 23.56 and a beta of 0.21. Tootsie Roll Industries, Inc. has a 12 month low of $27.58 and a 12 month high of $34.00.

Tootsie Roll Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, December 18th were given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend was Wednesday, December 18th. Tootsie Roll Industries’s dividend payout ratio is presently 27.53%.

Tootsie Roll Industries Profile

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.