Jane Street Group LLC Buys New Holdings in Tootsie Roll Industries, Inc. (NYSE:TR)

Jane Street Group LLC purchased a new stake in Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 129,395 shares of the company's stock, valued at approximately $4,007,000. Jane Street Group LLC owned approximately 0.18% of Tootsie Roll Industries as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TR. Allspring Global Investments Holdings LLC boosted its holdings in Tootsie Roll Industries by 11.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,098,774 shares of the company's stock valued at $34,029,000 after purchasing an additional 115,839 shares during the period. Verition Fund Management LLC raised its position in shares of Tootsie Roll Industries by 315.6% in the third quarter. Verition Fund Management LLC now owns 54,209 shares of the company's stock worth $1,679,000 after buying an additional 41,165 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Tootsie Roll Industries by 3.4% during the second quarter. Dimensional Fund Advisors LP now owns 950,636 shares of the company's stock valued at $29,062,000 after buying an additional 31,587 shares during the period. CWA Asset Management Group LLC purchased a new position in Tootsie Roll Industries during the third quarter worth about $523,000. Finally, Walleye Capital LLC bought a new position in Tootsie Roll Industries in the 3rd quarter worth about $471,000. 14.28% of the stock is currently owned by institutional investors.

Tootsie Roll Industries Trading Down 0.1 %

Shares of TR traded down $0.02 during trading hours on Thursday, reaching $31.72. 215,393 shares of the company's stock traded hands, compared to its average volume of 149,297. Tootsie Roll Industries, Inc. has a 12 month low of $27.58 and a 12 month high of $35.84. The stock has a market cap of $2.27 billion, a PE ratio of 24.26 and a beta of 0.21. The firm's 50 day simple moving average is $31.51 and its 200-day simple moving average is $30.51.

Tootsie Roll Industries (NYSE:TR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.46 earnings per share (EPS) for the quarter. The firm had revenue of $223.89 million during the quarter. Tootsie Roll Industries had a return on equity of 11.13% and a net margin of 13.02%.

Tootsie Roll Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, December 18th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Wednesday, December 18th. Tootsie Roll Industries's dividend payout ratio (DPR) is presently 27.48%.

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.