OMERS ADMINISTRATION Corp Purchases Shares of 21,410 Tootsie Roll Industries, Inc. (NYSE:TR)

OMERS ADMINISTRATION Corp purchased a new position in shares of Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 21,410 shares of the company's stock, valued at approximately $692,000.

Other large investors have also recently bought and sold shares of the company. Byrne Asset Management LLC acquired a new position in Tootsie Roll Industries during the 4th quarter worth approximately $27,000. Deutsche Bank AG acquired a new position in Tootsie Roll Industries during the 4th quarter worth approximately $52,000. KLP Kapitalforvaltning AS acquired a new position in Tootsie Roll Industries during the 4th quarter worth approximately $82,000. Barclays PLC boosted its position in Tootsie Roll Industries by 227.2% during the 3rd quarter. Barclays PLC now owns 5,566 shares of the company's stock worth $171,000 after acquiring an additional 3,865 shares during the last quarter. Finally, Pacer Advisors Inc. acquired a new stake in shares of Tootsie Roll Industries in the 4th quarter valued at approximately $176,000. Institutional investors and hedge funds own 14.28% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Tootsie Roll Industries from a "buy" rating to a "hold" rating in a report on Friday, May 16th.

Tootsie Roll Industries Stock Up 0.7%

Shares of NYSE TR traded up $0.25 during trading hours on Friday, hitting $33.88. The company had a trading volume of 108,225 shares, compared to its average volume of 170,145. The firm's 50 day moving average is $31.92 and its 200-day moving average is $31.81. Tootsie Roll Industries, Inc. has a 1-year low of $26.78 and a 1-year high of $34.63. The stock has a market capitalization of $2.47 billion, a P/E ratio of 27.77 and a beta of 0.39.

Tootsie Roll Industries (NYSE:TR - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.25 earnings per share (EPS) for the quarter. Tootsie Roll Industries had a return on equity of 10.23% and a net margin of 12.14%. The business had revenue of $146.52 million during the quarter.

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.