Tootsie Roll Industries, Inc. (NYSE:TR) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP trimmed its position in shares of Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) by 16.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 85,843 shares of the company's stock after selling 16,506 shares during the quarter. GSA Capital Partners LLP owned about 0.12% of Tootsie Roll Industries worth $2,659,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Burns J W & Co. Inc. NY increased its holdings in shares of Tootsie Roll Industries by 3.1% during the second quarter. Burns J W & Co. Inc. NY now owns 11,457 shares of the company's stock valued at $350,000 after acquiring an additional 346 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Tootsie Roll Industries by 3.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 15,423 shares of the company's stock valued at $494,000 after acquiring an additional 448 shares in the last quarter. California State Teachers Retirement System increased its holdings in shares of Tootsie Roll Industries by 3.4% during the first quarter. California State Teachers Retirement System now owns 14,880 shares of the company's stock valued at $477,000 after acquiring an additional 494 shares in the last quarter. Texas Permanent School Fund Corp increased its holdings in shares of Tootsie Roll Industries by 4.3% during the first quarter. Texas Permanent School Fund Corp now owns 15,571 shares of the company's stock valued at $499,000 after acquiring an additional 649 shares in the last quarter. Finally, Swiss National Bank increased its holdings in shares of Tootsie Roll Industries by 3.0% during the first quarter. Swiss National Bank now owns 32,849 shares of the company's stock valued at $1,052,000 after acquiring an additional 957 shares in the last quarter. 14.28% of the stock is owned by hedge funds and other institutional investors.

Tootsie Roll Industries Price Performance

NYSE:TR traded up $0.53 during midday trading on Tuesday, hitting $32.15. The company's stock had a trading volume of 157,996 shares, compared to its average volume of 154,831. Tootsie Roll Industries, Inc. has a fifty-two week low of $27.58 and a fifty-two week high of $35.84. The firm's 50 day moving average is $30.73 and its 200-day moving average is $29.96. The firm has a market cap of $2.30 billion, a P/E ratio of 24.11 and a beta of 0.18.

Tootsie Roll Industries (NYSE:TR - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.46 EPS for the quarter. The business had revenue of $223.89 million for the quarter. Tootsie Roll Industries had a net margin of 13.02% and a return on equity of 11.25%.

Tootsie Roll Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 8th were given a dividend of $0.09 per share. The ex-dividend date was Tuesday, October 8th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.12%. Tootsie Roll Industries's dividend payout ratio (DPR) is 27.48%.

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.