Westhampton Capital LLC acquired a new stake in shares of Tootsie Roll Industries, Inc. (NYSE:TR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 15,600 shares of the company's stock, valued at approximately $504,000.
A number of other institutional investors have also recently made changes to their positions in TR. nVerses Capital LLC purchased a new position in shares of Tootsie Roll Industries in the 3rd quarter worth $43,000. GAMMA Investing LLC grew its position in Tootsie Roll Industries by 133.5% in the fourth quarter. GAMMA Investing LLC now owns 1,807 shares of the company's stock worth $58,000 after acquiring an additional 1,033 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Tootsie Roll Industries during the third quarter worth approximately $96,000. US Bancorp DE raised its position in Tootsie Roll Industries by 70.9% during the third quarter. US Bancorp DE now owns 4,927 shares of the company's stock valued at $153,000 after purchasing an additional 2,044 shares during the period. Finally, Barclays PLC lifted its stake 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 valued at $171,000 after purchasing an additional 3,865 shares during the last quarter. Hedge funds and other institutional investors own 14.28% of the company's stock.
Tootsie Roll Industries Price Performance
Shares of Tootsie Roll Industries stock traded up $0.26 on Monday, reaching $31.32. The company had a trading volume of 43,079 shares, compared to its average volume of 100,529. The firm's 50-day moving average price is $31.96 and its two-hundred day moving average price is $30.97. Tootsie Roll Industries, Inc. has a 1 year low of $27.58 and a 1 year high of $34.00. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of 23.95 and a beta of 0.21.
Tootsie Roll Industries Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th were issued a $0.09 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $0.36 annualized dividend and a dividend yield of 1.15%. Tootsie Roll Industries's dividend payout ratio (DPR) is presently 27.53%.
Tootsie Roll Industries Profile
(
Free Report)
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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