Tootsie Roll Industries, Inc. (NYSE:TR) Holdings Increased by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) by 177.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,904 shares of the company's stock after purchasing an additional 13,375 shares during the period. SG Americas Securities LLC's holdings in Tootsie Roll Industries were worth $676,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC increased its holdings in Tootsie Roll Industries by 133.5% in the fourth quarter. GAMMA Investing LLC now owns 1,807 shares of the company's stock valued at $58,000 after buying an additional 1,033 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Tootsie Roll Industries by 278.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,567 shares of the company's stock valued at $823,000 after acquiring an additional 19,547 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Tootsie Roll Industries during the third quarter worth $96,000. Barclays PLC boosted its holdings in Tootsie Roll Industries by 227.2% in the third quarter. Barclays PLC now owns 5,566 shares of the company's stock worth $171,000 after purchasing an additional 3,865 shares during the period. Finally, Geode Capital Management LLC increased its stake in Tootsie Roll Industries by 2.4% during the third quarter. Geode Capital Management LLC now owns 244,873 shares of the company's stock valued at $7,586,000 after purchasing an additional 5,828 shares during the last quarter. Institutional investors and hedge funds own 14.28% of the company's stock.

Tootsie Roll Industries Stock Up 0.8 %

Shares of NYSE:TR traded up $0.26 on Monday, reaching $31.32. 43,079 shares of the company's stock were exchanged, compared to its average volume of 100,529. Tootsie Roll Industries, Inc. has a fifty-two week low of $27.58 and a fifty-two week high of $34.00. The business's 50-day moving average is $31.96 and its two-hundred day moving average is $30.97. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 23.95 and a beta of 0.21.

Tootsie Roll Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, December 18th were paid a dividend of $0.09 per share. The ex-dividend date was Wednesday, December 18th. This represents a $0.36 dividend on an annualized basis and a yield of 1.15%. Tootsie Roll Industries's payout ratio is currently 27.53%.

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.