SG Americas Securities LLC Raises Stock Position in Tootsie Roll Industries, Inc. $TR

Key Points

• SG Americas Securities LLC boosted its stake in Tootsie Roll by 645.2% in Q4, adding 36,764 shares to reach 42,462 shares worth about $1.56 million (≈0.06% of the company).
• Tootsie Roll reported quarterly EPS of $0.39 on $196.28 million in revenue, has a market cap of $3.31 billion and a P/E of 32.83, with shares trading near the 12‑month high ($44.59).
• The company pays a quarterly dividend of $0.09 (annualized $0.36, yield ~0.8%, payout ratio ~26.9%), while analysts give an average Hold rating and Weiss Ratings reiterated a Hold (c+); institutional ownership is about 14.28%.

SG Americas Securities LLC boosted its position in shares of Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) by 645.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,462 shares of the company's stock after acquiring an additional 36,764 shares during the period. SG Americas Securities LLC owned 0.06% of Tootsie Roll Industries worth $1,555,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of TR. NBT Bank N A NY acquired a new position in shares of Tootsie Roll Industries during the third quarter worth $39,000. CWM LLC boosted its position in shares of Tootsie Roll Industries by 42.0% in the 3rd quarter. CWM LLC now owns 1,394 shares of the company's stock worth $58,000 after purchasing an additional 412 shares in the last quarter. State of Wyoming acquired a new stake in shares of Tootsie Roll Industries in the 2nd quarter worth $111,000. iSAM Funds UK Ltd purchased a new position in Tootsie Roll Industries during the 3rd quarter worth $136,000. Finally, Strs Ohio purchased a new position in Tootsie Roll Industries during the 3rd quarter worth $143,000. 14.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "hold (c+)" rating on shares of Tootsie Roll Industries in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Tootsie Roll Industries has an average rating of "Hold".

Tootsie Roll Industries Trading Up 0.6%

Shares of Tootsie Roll Industries stock opened at $43.99 on Tuesday. The firm's 50 day simple moving average is $41.26 and its two-hundred day simple moving average is $39.65. The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of 32.83 and a beta of 0.48. Tootsie Roll Industries, Inc. has a 12-month low of $29.13 and a 12-month high of $44.59.

Tootsie Roll Industries (NYSE:TR - Get Free Report) last announced its quarterly earnings data on Friday, February 27th. The company reported $0.39 earnings per share for the quarter. Tootsie Roll Industries had a net margin of 13.81% and a return on equity of 11.02%. The firm had revenue of $196.28 million for the quarter.

Tootsie Roll Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Thursday, March 5th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, March 5th. Tootsie Roll Industries's payout ratio is presently 26.87%.

Tootsie Roll Industries Profile

Tootsie Roll Industries, Inc is a U.S.-based confectionery company best known for producing Tootsie Rolls and Tootsie Pops. Headquartered in Chicago, the company manufactures a broad range of candy products, including fruit-flavored chews, gummies, mints and gum, under a portfolio of well-recognized brands. Its offerings are sold through mass-market retailers, convenience stores, specialty shops and vending channels.

The company traces its origins to 1896 when confectioner Leo Hirschfeld invented the Tootsie Roll in New York City.

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