Two Sigma Advisers LP Has $1.46 Million Holdings in Tootsie Roll Industries, Inc. (NYSE:TR)

Two Sigma Advisers LP lifted its holdings in shares of Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) by 72.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,148 shares of the company's stock after purchasing an additional 18,900 shares during the quarter. Two Sigma Advisers LP owned approximately 0.06% of Tootsie Roll Industries worth $1,460,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. SG Americas Securities LLC lifted its position in shares of Tootsie Roll Industries by 177.6% in the fourth quarter. SG Americas Securities LLC now owns 20,904 shares of the company's stock worth $676,000 after buying an additional 13,375 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in Tootsie Roll Industries in the 4th quarter worth approximately $176,000. Brown Lisle Cummings Inc. lifted its stake in shares of Tootsie Roll Industries by 12.0% in the fourth quarter. Brown Lisle Cummings Inc. now owns 35,299 shares of the company's stock worth $1,141,000 after buying an additional 3,778 shares during the last quarter. Yousif Capital Management LLC bought a new stake in shares of Tootsie Roll Industries during the 4th quarter worth $200,000. Finally, Yorktown Management & Research Co Inc acquired a new position in Tootsie Roll Industries in the 4th quarter valued at $323,000. Institutional investors own 14.28% of the company's stock.

Tootsie Roll Industries Trading Up 0.6%

NYSE:TR traded up $0.23 during mid-day trading on Tuesday, hitting $35.66. 68,837 shares of the company's stock traded hands, compared to its average volume of 171,691. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 29.23 and a beta of 0.39. The firm has a 50 day moving average of $32.41 and a two-hundred day moving average of $31.97. Tootsie Roll Industries, Inc. has a 12 month low of $26.78 and a 12 month high of $36.25.

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

Analysts Set New Price Targets

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

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.