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

Jane Street Group LLC lifted its stake in Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 142,030 shares of the company's stock after acquiring an additional 12,635 shares during the quarter. Jane Street Group LLC owned approximately 0.20% of Tootsie Roll Industries worth $4,592,000 as of its most recent SEC filing.

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

Tootsie Roll Industries Trading Up 0.6%

NYSE TR traded up $0.19 on Friday, hitting $32.67. 21,690 shares of the company were exchanged, compared to its average volume of 168,417. The company has a market cap of $2.34 billion, a PE ratio of 26.77 and a beta of 0.39. Tootsie Roll Industries, Inc. has a 12 month low of $26.78 and a 12 month high of $34.63. The stock has a fifty day moving average of $31.67 and a 200-day moving average of $31.64.

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

Tootsie Roll Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.10%. The ex-dividend date was Wednesday, March 5th. Tootsie Roll Industries's dividend payout ratio (DPR) is presently 29.51%.

Analyst Ratings Changes

Separately, StockNews.com lowered Tootsie Roll Industries from a "buy" rating to a "hold" rating in a research note on Friday.

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.