Jane Street Group LLC Acquires 12,635 Shares of Tootsie Roll Industries, Inc. (NYSE:TR)

Jane Street Group LLC lifted its holdings in shares of Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 142,030 shares of the company's stock after acquiring an additional 12,635 shares during the period. Jane Street Group LLC owned approximately 0.20% of Tootsie Roll Industries worth $4,592,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in TR. Byrne Asset Management LLC purchased a new stake in shares of Tootsie Roll Industries during the fourth quarter valued at approximately $27,000. GAMMA Investing LLC increased its position in shares of Tootsie Roll Industries by 133.5% during the 4th quarter. GAMMA Investing LLC now owns 1,807 shares of the company's stock valued at $58,000 after purchasing an additional 1,033 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Tootsie Roll Industries during the 4th quarter worth $82,000. Barclays PLC boosted its holdings in shares of Tootsie Roll Industries by 227.2% in the 3rd quarter. Barclays PLC now owns 5,566 shares of the company's stock worth $171,000 after buying an additional 3,865 shares during the last quarter. Finally, Pacer Advisors Inc. bought a new position in Tootsie Roll Industries during the fourth quarter valued at about $176,000. Institutional investors and hedge funds own 14.28% of the company's stock.

Tootsie Roll Industries Trading Down 2.0 %

Tootsie Roll Industries stock opened at $32.80 on Friday. The business's 50 day simple moving average is $31.64 and its 200 day simple moving average is $31.60. Tootsie Roll Industries, Inc. has a 12 month low of $26.78 and a 12 month high of $34.63. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 26.89 and a beta of 0.39.

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

Tootsie Roll Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 5th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Wednesday, March 5th. Tootsie Roll Industries's payout ratio is currently 29.51%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Tootsie Roll Industries from a "hold" rating to a "buy" rating in a research report on Thursday.

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.

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