Tootsie Roll Industries, Inc. (NYSE:TR) Holdings Boosted by SG Americas Securities LLC

SG Americas Securities LLC grew its stake in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 177.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,904 shares of the company’s stock after purchasing an additional 13,375 shares during the quarter. SG Americas Securities LLC’s holdings in Tootsie Roll Industries were worth $676,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TR. Jane Street Group LLC acquired a new stake in shares of Tootsie Roll Industries in the third quarter valued at approximately $4,007,000. Allspring Global Investments Holdings LLC increased its position in Tootsie Roll Industries by 11.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,098,774 shares of the company’s stock valued at $34,029,000 after acquiring an additional 115,839 shares during the period. Verition Fund Management LLC raised its stake in Tootsie Roll Industries by 315.6% during the 3rd quarter. Verition Fund Management LLC now owns 54,209 shares of the company’s stock valued at $1,679,000 after acquiring an additional 41,165 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Tootsie Roll Industries by 3.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 950,636 shares of the company’s stock worth $29,062,000 after acquiring an additional 31,587 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Tootsie Roll Industries by 278.4% in the third quarter. JPMorgan Chase & Co. now owns 26,567 shares of the company’s stock worth $823,000 after purchasing an additional 19,547 shares in the last quarter. Institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Stock Up 0.1 %

Shares of NYSE TR opened at $31.24 on Friday. The stock has a market cap of $2.23 billion, a P/E ratio of 23.88 and a beta of 0.22. The firm’s 50-day simple moving average is $32.01 and its 200 day simple moving average is $30.94. Tootsie Roll Industries, Inc. has a fifty-two week low of $27.58 and a fifty-two week high of $34.00.

Tootsie Roll Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Wednesday, December 18th. Tootsie Roll Industries’s dividend payout ratio is currently 27.53%.

Tootsie Roll Industries Company 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.