XTX Topco Ltd acquired a new stake in Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 23,252 shares of the company's stock, valued at approximately $732,000.
Other large investors have also made changes to their positions in the company. Deutsche Bank AG purchased a new stake in shares of Tootsie Roll Industries in the 4th quarter valued at $52,000. Evermay Wealth Management LLC purchased a new stake in Tootsie Roll Industries during the first quarter worth $58,000. KLP Kapitalforvaltning AS purchased a new stake in Tootsie Roll Industries during the fourth quarter worth $82,000. Pacer Advisors Inc. boosted its holdings in Tootsie Roll Industries by 15.1% during the first quarter. Pacer Advisors Inc. now owns 6,259 shares of the company's stock worth $197,000 after buying an additional 822 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in Tootsie Roll Industries during the fourth quarter worth $217,000. 14.28% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded shares of Tootsie Roll Industries from a "buy" rating to a "hold" rating in a report on Friday, May 16th.
Check Out Our Latest Analysis on Tootsie Roll Industries
Tootsie Roll Industries Trading Up 0.3%
NYSE:TR traded up $0.11 during trading hours on Friday, reaching $39.04. 28,310 shares of the company were exchanged, compared to its average volume of 162,626. The stock's 50-day moving average is $35.84 and its 200-day moving average is $33.19. The firm has a market cap of $2.85 billion, a PE ratio of 31.30 and a beta of 0.44. Tootsie Roll Industries, Inc. has a twelve month low of $26.78 and a twelve month high of $40.43.
Tootsie Roll Industries (NYSE:TR - Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported $0.24 EPS for the quarter. The business had revenue of $153.19 million during the quarter. Tootsie Roll Industries had a net margin of 12.72% and a return on equity of 10.42%.
Tootsie Roll Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Thursday, June 19th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, June 18th. Tootsie Roll Industries's dividend payout ratio (DPR) is presently 28.80%.
Tootsie Roll Industries Profile
(
Free Report)
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.
See Also

Before you consider Tootsie Roll Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tootsie Roll Industries wasn't on the list.
While Tootsie Roll Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.